The creation of LAEBA responds to a growing recognition in both regions of the need to develop an inter-regional mechanism to link academic research with policymakers and the private sector, which is exemplified by the inter-agency Partnership Agreement. The mission of LAEBA is to:

 

Encourage comparative and applied research in the areas of economics, finance, business economics, and public policy of both regions.

 

Provide an inter-regional framework for professional networks to collaborate on issues of mutual interest between the regions.

 

Facilitate and inform the process of economic policy-making and private sector decisions through enhanced interaction among policymakers, academia, and the business community.

© 2005, IDB.
All rights reserved.