Although the Americas was one of the last regions to be affected by the Covid-19 pandemic, strict government lockdowns forced companies to adapt to new ways of working in a matter of days at very short notice. As lockdowns are gradually lifted, it has become clear that few organisations are likely to revert to pre-pandemic practices even after a vaccine is found. From the US down to Argentina, companies…
While Latin America as a whole has struggled to extend the growth and productivity gains it made in the early 2010s, it still remains an appealing and dynamic region to do business. However, the onset of Covid-19 in early 2020 added another layer of complexity to ongoing efforts to improve business environments, from Baja California to Buenos Aires. Although government responses in the region…
Si bien América Latina no ha podido extender el crecimiento y las ganancias de productividad que había logrado a principios de la década de 2010, sigue siendo una región atractiva y dinámica para hacer negocios. Sin embargo, la aparición de Covid-19 a principios de 2020 añadió otro nivel de complejidad a los esfuerzos en curso para mejorar el entorno empresarial, desde Baja California hasta…
Earlier this year, Trinidad and Tobago was looking relatively resistant to the worst effects of the coronavirus pandemic. However, given that oil and tourism are two of the main contributors toGDP– with a 45% and 7.6% share, respectively, in 2018 – T&T is beginning to feel the economic pinch. In response, policymakers have deployed a variety of fiscal and monetary policy tools,…
En Español ‘Nearshoring’ – whereby companies shift their offshore production capacities closer to home – is experiencing significant growth in Latin America amid the coronavirus pandemic. As OBG has detailed, supply chain disruption created by the pandemic has led many multinational companies to rethink their production operations. Even prior to Covid-19, a ‘China+1’ strategy…
As global supply chains become increasingly fragmented amid the spread of Covid-19, the discourse around food security in Trinidad and Tobago is being reinvigorated. While ministers made itclear that T&T has sufficient food supplies for up to six months, policymakers have underscored the importance of prioritising domestic agricultural production. Kevin Charles, chief secretary of the…
…
Oxford Business Group (OBG) began its CEO Survey in 2016 with the aim of giving our clients a handle on sentiment in the various markets we cover. Sentiment is of course intangible, but it is an all-important factor in the decisions business people and investors make when they weigh up their risk appetite. In turn, sentiment informs the level of confidence with which they view a market. It is also…
