Title page
Contents
Acknowledgements 6
I. Executive Summary 7
II. Introduction 9
III. Overview of Key Opportunities 13
OPPORTUNITY #1: Enhancing Market Size, Scalability, and Regional Integration 14
Introducing the Opportunity 15
Recommendations for the Private Sector 17
A. FINANCING AND MANAGING HARD INFRASTRUCTURE 18
B. IMPROVING SOFT INFRASTRUCTURE 18
C. PRIORITIZING NEARSHORING AND RESHORING 19
Partnership Examples 19
OPPORTUNITY #2: Accelerating Digitalization and Innovation 21
Introducing the Opportunity 22
Recommendations for the Private Sector 23
A. IMPROVING DIGITAL INFRASTRUCTURE 24
B. FOSTERING SKILLS 25
C. PROMOTING ADOPTION 25
Partnership Examples 26
OPPORTUNITY #3: Improving State Governance, Institutional Capacity, and Transparency 27
Introducing the Opportunity 28
Recommendations for the Private Sector 30
A. IMPROVING DIGITAL GOVERNMENT SERVICES 30
B. PROMOTING INFORMATION ACCESS AND ANALYTICS 31
C. IMPROVING INTEGRITY AND REGULATORY QUALITY 31
Partnership Examples 32
OPPORTUNITY #4: Addressing Multidimensional Inequality 33
Introducing the Opportunity 34
Recommendations for the Private Sector 36
A. ADDRESSING GENDER-BASED INEQUALITY 36
B. EMPOWERING SMES 37
C. TACKLING PLACE-BASED INEQUALITY 37
D. PREPARING FOR SHOCKS 38
Partnership Examples 38
OPPORTUNITY #5: Meaningfully Advancing the Green Agenda 39
Introducing the Opportunity 40
Recommendations for the Private Sector 41
A. CREATING GREEN JOBS 41
B. PROMOTING THE CIRCULAR ECONOMY 41
C. PARTAKING IN GREEN FINANCE 42
Partnership Examples 43
IV. Conclusion 44
Opportunities for Private-Sector Actions 45
V. ANNEX 49
Annex A: Methodology 49
Annex B: ABD Recommendations 51
About the Author 52
Figure 1. In the last ten years, how have the business and investment environments changed in LAC? 10
Figure 2. Overall LAC attractiveness and competitiveness compared to other regions 12
Figure 3. Pessimists' views on LAC attractiveness and competitiveness compared to other regions 12
Figure 4. Top three factors that make LAC an attractive/competitive market 15
Figure 5. What attracts optimists and pessimists to LAC? 16
Figure 6. Screenshot of ConnectAmericas Women initiative 20
Figure 7. Service industry respondents' views of their social impact 24
Figure 8. Key factors limiting interest in the region 28
Figure 9. Top three reasons LAC is an unattractive/uncompetitive market 29
Figure 10. Priorities with the greatest potential for boosting LAC's recovery 34
Figure 11. Respondents' views of their most important social impacts 35
Figure 12. What makes public-private collaboration successful? 47
Figure 13. Optimists versus pessimists on successful public-private collaboration 47
Figure 14. Size of respondents' businesses in LAC 49
Boxes
Box 1. Partnerships at the IDB 10
Box 2. Special Feature: Private-Sector Perception of LAC 10
Box 3. Additional Survey Insight: Optimists versus Pessimists 16
Box 4. Additional Survey Insight: Optimists versus Pessimists 23
Box 5. Additional Survey Insight: Optimists versus Pessimists 29
Box 6. Additional Survey Insight: Optimists versus Pessimists 35
Box 7. How IDB Group Is Driving Green Finance Forward 43
Box 8. Special Feature: Maximizing the Potential of Public-Private Cooperation 46
Box 9. Special Feature: The Role of the Multilateral Sector 48