May 21, 2010
Tens of thousands of Haitians who lost their homes in Port-au-Prince have left the city and migrated to rural villages or temporary encampments. International aid organizations are currently helping to construct clinics, schools, administrative centers and warehouses in some of these villages, which are located in remote areas without access to basic services.
March 23, 2009
The Inter-American Development Bank (IDB) is promoting the discussion and analysis of the impacts of the global financial crisis in Latin America and the Caribbean during seminars in Medellín, Colombia, related to the 50th Annual Meeting of the Bank'sBoard of Governors. The discussions will feature government leaders such as Colombian President Alvaro Uribe, Zhou Xiaochuan and governor of the People’s Bank of China, as well as noted experts such as Robert Merton, a Nobel Prize-winner economist.
March 17, 2009
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.
February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.
October 08, 2008
By Matthew Gerhrke, Renso Martinez and Maria Cecilia Rondon, Microfinance Information Exchange, INC. (MIX)Microfinance in Latin America and the Caribbean skyrocketed in 2007, fueled by booming demand for financial services from microentrepreneurs in the region’s fastgrowing economies along with new funding in both debt and deposit. The region and its microfinance institutions (MFIs) remained in the forefront of attractive investment opportunities.
A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic
January 26, 2007
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies
September 27, 2005
There's an old Chinese proverb that says, “Give a man a fish and you feed him for today. Teach a man to fish and you feed him for a lifetime.” While that may be smart advice, doing both things together can be even more effective when it comes to reducing poverty.
March 24, 2005
The global market economy, now embracing over 5 billion people, is ready for a marriage between Latin America and Japan, according to Makoto Utsumi, President and CEO of the Japan Credit Rating Agency, Ltd.
July 30, 2004
The Mexico-European Union Free Trade Agreement, the first such accord between Europe and a country in the Americas, is celebrating its fourth anniversary and 27% growth in bilateral trade volume. (1) However, long-term benefits are not easily measured. The reported effective growth rates - 19% for Mexican exports to the European Union, and 30% for EU exports to Mexico – is considered relatively low compared with Mexico’s 18% increase in exports worldwide.