Latin America: progressing at a leisurely pace

The region is neither advancing as quickly as other regions, but nor is it failing to make progress. Every year the World Bank in its annual Doing Business report assesses the relative ease of doing business in 190 global economies based on criteria such as the ease of starting a business, paying taxes, trading across borders or enforcing legal rights. Latin Trade spoke with Augusto López Claros, Director of the Global Indicators Group, which is responsible for the report, about Latin America’s recent performance in the index. López Claros points out that four economies continually stand out for their performance in the index: Mexico (47/190), Colombia (53), Peru (54) and Chile (57). “These four countries – the members of the […]


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 […]