Strategy for Institutions for Growth and Social Welfare
The IDB wishes to express its appreciation to all the participants for their valuable time, input and collaboration during the public consultation process.
Sector Strategy Institutions for Growth and Social Welfare. Approved March 2011.
Under the Ninth General Capital Increase (CGI-9), the Inter-American Development Bank expands on the third sector of priorities of the institutional strategy: Institutions for growth and social welfare, by calling for the design of a Strategy for institutions for growth and social welfare with a special focus on access to financial markets, particularly the SME’s. The strategy looks forward to improve the effectiveness of the Bank in strengthening the institutional basis for development in the Latin American and the Caribbean (LAC) region by focusing its resources in areas of high value added and comparative advantage.
The topics with strong potential to be included in the strategy were pre-selected after a two stage process. In the first stage, the Bank carried out a consultation in preparation of the CGI-9 by implementing a survey addressed to over 3,000 representatives of public and private organizations. The second stage was focused on the transversal work with the different areas of the Bank that covered institutional development.
The objective of the Public consultation was to receive feedback from the Civil Society with the purpose of enriching the design process of the strategy.
- The first phase (closed) of the process began with the public consultation of the Profile of the Strategy for Institutions for Growth and Social Welfare, with an implementation period of one month, from the 4th of November until the 4th of December, 2010. Report on the Public Consultation Process Regarding Profile of the Strategy for Institutions for Growth and Social Welfare .
- The second phase (closed). The process began with the consideration of the Sector Strategy, Institutions for Growth and Social Welfare - Draft, with an implementation period of one month, from the January 25th until February 23rd, 2011.
These procedures are supported by the Strategy to promote la citizen participation within the Bank’s activities.
Throughout the consultation, the Bank welcomes and promotes the participation of agents actively involved in the public policy construction in the region.