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).

Citizen Security Week in Chile will address the use of technology against crime

Monday, November 26, 2018 - 17:28
The IDB, the Government of Chile and countries of the region will discuss in Santiago, Chile, digital innovations and their application in the value chain in citizen security and justice The Inter-American Development Bank (IDB) and the Ministry of the Interior and Public Security of Chile will hold the Tenth Citizen Security Week, in Chile from November 26 to 30, 2018. It is the largest regional event dedicated to security and criminal justice issues in Latin America and the Caribbean.

Authorities will analyze in Panama Digital Government Agenda in the region

Monday, November 12, 2018 - 09:28
The 5th E-Government Ministerial Meeting and the 12th Red GEALC Annual Meeting will be held November 15-16 and bring together 23 countries from Latin America and the Caribbean, as well as representatives of Republic of Korea, Estonia, the United Kingdom, Portugal and Italy The 5th E-Government Ministerial Meeting of Latin America and the Caribbean and the 12th Annual Meeting of the Network of E-Government Leaders of Latin America and the Caribbean (Red GEALC) will be held November 15-16, 2018 in Panama City.

Paraguay to improve public services for citizens and businesses, with IDB support

Thursday, November 1, 2018 - 00:12
Program will speed up and cut costs of government procedures, intensify the use of ICTs and expand access to broadband services  Paraguay will launch a program to provide its citizens and businesses better public services and more opportunities, with support of a $130 million loan approved by the Inter-American Development Bank (IDB). 

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.

IDB warns of difficult global trading environment, calls for pragmatic trade integration in Latin America and Caribbean

Sunday, April 2, 2017 - 03:00
ASUNCION, Paraguay - Latin America and the Caribbean needs to move aggressively towards a more integrated regional trade area to boost exports, protect from increasingly difficult global trading environment, and spur firms to become more productive and join global supply chains, a report by the Inter-American Development Bank (IDB) says.

Latin America and the Caribbean: Tax revenues continue to rise despite low economic growth

Thursday, March 23, 2017 - 03:00
IDB, OECD, CIAT and ECLAC release annual report "Revenue Statistics in Latin America and the Caribbean" Tax revenues in Latin America and the Caribbean (LAC) countries continued to increase in 2015, according to new data from the annual Revenue Statistics in Latin America and the Caribbean publication. The average tax-to-GDP ratio for LAC countries reached 22.8 percent of GDP in 2015, up from 22.2 percent in 2014.

Novel Facebook-based survey measures citizen frustration with bureaucracy in Latin America and Caribbean

Thursday, January 12, 2017 - 03:00
The IDB has launched two studies on quality and innovation in public services The Inter-American Development Bank launched two studies that show the low regard citizens have for the quality of public services they receive and how innovation can help make these services less bureaucratic.