The imperative of innovation 2.0: An interview with IDB’s Jose Miguel Benavente

What’s new about entrepreneurial innovation in Latin America in this Interview with José Miguel Benavente. BY SANTIAGO GUTIÉRREZ Have you heard about Crystal Lagoons? asks José Benavente, chief of the Competitiveness and Innovation division of the Inter-American Development Bank (IDB), and co-author of the book, “The New Imperative of Innovation: Policy Perspectives for Latin America and the Caribbean,” which was published in February. What’s certain is that for whoever is interested in corporate innovation, this real estate company of Chilean Fernando Fischmann, who in just seven years has placed his projects in 60 countries, is a must-see reference. Imagine: a biochemist who bought 60 hectares in Algarrobo, Chile to develop a vacation home project. The main attraction on the site, […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]