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).

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

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

Tuesday, November 7, 2017 - 19:00
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

Robotlution: A new IDB publication on the automation of employment and how it will impact productivity

Wednesday, August 23, 2017 - 03:00
Mexico and Brazil are leading the region in the use of robots: one to two robots per thousand workers  Will robotization destroy or displace jobs or will it create new, more sustainable ones? Can technological change play a part in reducing inequality in Latin America and the Caribbean? These are some of the key questions that 40 international experts responded to in “Robotlution.

Ecuador to improve provision of social services with support from IDB

Thursday, November 20, 2014 - 03:00
Loan of $80 million earmarked for new headquarters to host social services-related ministries

IDB awards prizes to social innovation projects for inclusion of persons with disabilities

Wednesday, April 10, 2013 - 19:54
Proposals from Chile, Colombia and Ecuador selected through crowdsourcing and expert evaluations The Inter-American Development Bank (IDB) today announced the winners of three competitions organized by its Innovation Lab (I-LAB) for social innovation projects designed to promote the economic inclusion of persons with disabilities in Latin America and the Caribbean.

Ecuador expands access to microcredit with IDB support

Wednesday, December 7, 2011 - 03:00
Loan for $50 million will benefit up to 25,000 microentrepreneurs, particularly women Ecuador will expand access to microcredit, particularly among low-income women, through a $50 million loan approved by the Inter-American Development Bank (IDB) aimed at increasing employment opportunities and reducing poverty.

IDB and Microsoft to triple funding for a youth training program for Latin America and the Caribbean

Thursday, March 24, 2011 - 03:00
Calgary, CANADA – The Inter-American Development Bank (IDB) and Microsoft Corporation will provide $2.8 million to finance job training programs for as many as 6,000 youth across Latin America and the Caribbean, expanding and deepening a partnership that began four years ago.

IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.