Reducing trade costs could boost exports to Korea

October 10, 2019
Exports from Latin America and the Caribbean to Korea could grow by about US$10 billion, or 43%, if a set of reforms to reduce trade costs are implemented and bilateral cooperation reach new levels, according to a study by the Inter-American Development Bank. The report, Stepping Up Cooperation, Policy Options for Latin America and Korea, was presented during the 5th Korea-LAC Business Summit, held in Seoul, Korea, on October 7th and 8th.

IDB 60th anniversary activities begin with business summit focused on development themes

September 26, 2019
The Inter-American Development Bank kicked off its 60th anniversary celebrations with a Business Summit in Washington on the transformational innovations taking place in Latin America and the Caribbean, the region’s insertion into the digital economy, and the challenges of building sustainable infrastructure.

Latin Americans express broad support for trade, survey shows

September 24, 2019
Support depends on how the information is framed, with important implications on public policies Latin Americans back more trade by big margins, though an innovative experiment finds support is fragile and may be swayed by information emphasizing negative consequences, according to a study by the Inter-American Development Bank.

First quarter exports from Latin American and Caribbean fall: IDB report

June 18, 2019
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

IDB launches innovative territorial approach to address development challenges

May 09, 2019
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

May 07, 2019
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

January 16, 2019
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Inter-American Development Bank Group to hold Annual Meeting in Chengdu, China

December 20, 2018
Online media registration is available for March 26-31 gathering of Latin American and Caribbean leaders Spotlight on small and mid-sized firms, green financing, sustainable infrastructure investing The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China, on March 26-31.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).