July 21, 2010
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality. PAC53 - Road from La Chorrera to Arraijan, in Panama.
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 19, 2009
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012 period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.
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.
July 13, 2007
April 12, 2006
Considering the sheer diversity of indigenous peoples and languages in Ecuador, Colombia, Guatemala and Nicaragua, with 22 different languages spoken among the majority (60 percent) Mayan population in Guatemala alone, it seems logical that terms like multiethnic, multilingual and culturally pluralistic would be used to describe their national compositions.
March 06, 2006
Social programs have at worst downplayed the interactions between program requirements and rates of underdocumentation, or at best fashioned awkward solutions to get around these problems (such as inventing a new identification code for each family in each project). However, there are some promising trends in the region as private, public and international entities take steps to reach those who have been invisible to the system.
March 01, 2006
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.