The logistics of growth

For any businessman, the flow of inputs into the plant and products out of the plant is fundamental for the business. He has to ensure that the inputs needed for production arrive at the right time and that the products he makes are sent out efficiently. It’s an expensive proposition, in some countries more than in others. In Latin America it is calculated that logistics costs represent between 18% and 35% of the value of a product – compared with 8% in member countries of the Organization for Economic Cooperation and Development (OECD). Argentina is a special case even when compared to its regional neighbors: The Metropolitan Area of Buenos Aires has about one-third of the storage space per capita […]

Related

Nature’s Currency: How Biodiversity Credits are Reshaping Conservation

By Victoria Galeano* Imagine sipping your morning coffee in a...

“Latin America, the vision of its leaders” A book by Andrés Rugeles and 100 regional leaders

The Colombian Andrés Rugeles has achieved an almost impossible...

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 […]