Eric Parrado appointed as new chief economist for the IDB

Wednesday, January 23, 2019 - 16:01
The Inter-American Development Bank announced today that starting March 1 Eric Parrado Herrera will take over as the new chief economist and general manager of the IDB’s Research Department. A Chilean national, Parrado is Professor of Economics and Finance at the ESE Business School of Universidad de los Andes in Santiago, Chile, and visiting professor at the University of Oxford and the Central European University. 

Latin American and Caribbean exports rise but at a slower rate

Thursday, January 10, 2019 - 12:13
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).

IDB bolsters Barbados’ macroeconomic emergency program

Tuesday, November 6, 2018 - 10:26
THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

IDB selects startups to participate in Demand Solutions Chile

Monday, November 5, 2018 - 15:49
11 startups from Latin America and the Caribbean will compete for the most innovative title in December Washington, D.C. -  Design, multimedia and exports of creative services are some of the thematic areas related to the startups selected to participate this year in Demand Solutions Santiago, which will take place on December 11 at the CorpArtes theatre, in the Chilean Metropolitan Region.

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

Monday, September 24, 2018 - 15:05
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

Challenges and opportunities for creative entrepreneurs revealed in IDB study

Thursday, September 13, 2018 - 09:21
Launching an Orange Future analyzes the situation of creative and cultural entrepreneurs in the region Around 70% of creative entrepreneurships fail because of bad financial planning, lack of understanding of the market and poor cash flow, according Launching an Orange Future, the new e-book released by the Inter-American Development Bank (IDB) in collaboration with the Failure Institute.

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.

The IDB and Miami Dade College select eighteen startups from Latin America, the Caribbean and South Florida to participate in Demand Solutions Miami 2017

Monday, August 21, 2017 - 13:58
Miami Dade College (MDC) and the Inter-American Development Bank (IDB) will host Demand Solutions Miami on Thursday, Oct. 19, at the Wolfson Campus in Downtown Miami. Eighteen startups in design, fashion, gastronomy, music and multimedia have been selected to participate in a one-of-a-kind conference that will highlight innovation and entrepreneurship that improves lives.

IDB and INTAL announce the winners of the INTALent competition on creative industries

Wednesday, August 3, 2016 - 03:00
The Institute for the Integration of Latin America and the Caribbean (INTAL), from the Integration & Trade sector of the Inter-American Development Bank announced the winners of INTALENT, a competition for innovators in creative industries with regional impact.

IDB hosts presentation of Peru country brand in Washington, DC

Tuesday, October 23, 2012 - 03:00
Event to feature films on Peruvian culture and culinary heritage, along with a discussion with chefs Gastón Acurio and Ferrán Adriá As part of a campaign to provide international visibility for Peru’s natural and historical riches and its potential role in international commerce, the Peruvian government will present its new country brand, “Marca Perú” at an event hosted today by the Inter-American Development Bank (IDB).