Millennials have potential that Latin America and Caribbean must not squander, says study

November 22, 2018
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

IDB report underscores social benefits of sports for development but warns against program design flaws

May 25, 2018
Latin American and Caribbean region lags in sports spending, activity levels Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

Paraguay to finance construction and access to housing with IDB support

December 07, 2016
Plan will broaden housing loans for the emerging middle class and finance developers of multi-family projects Paraguay will facilitate financing for construction and access to housing with the help of a $30 million loan approved by the Inter-American Development Bank (IDB).

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

IDB backs program to give SMEs in Paraguay greater access to credit

November 26, 2014
Loan of $30 million will help improve business skills and boost the country's productivity The Inter-American Development Bank (IDB) has approved a $30 million loan for a program to help boost productivity in Paraguay, by giving small- and medium-sized companies greater access to credit over the medium and long term, and to improve their business skills.

US Treasury recognizes IDB project using performing arts to train at-risk youth in Rio de Janeiro

July 23, 2014
Multilateral Investment Fund’s “Galpão Aplauso” partnership readies young Brazilians for workforce An Inter-American Development Bank (IDB) project in Brazil that uses a performing arts program as an avenue to employment for at risk youth was recognized for its development impact by the U.S. Treasury at an awards ceremony today.

Brazilian state of Alagoas to develop tourism and encourage fiscal sustainability and investment with support from IDB

November 14, 2013
Loan of $250 million will also contribute to increasing access to water, sanitation and tourism routes Alagoas, a state in the northeast of Brazil, will receive a $250 loan from the Inter-American Development Bank to increase tourism's contribution as a source of economic development and enhance fiscal sustainability. 

Brazil’s Vox Capital Impact Investing Fund gets $4 million equity investment from MIF

October 29, 2012
Fund to offer long-term financing for SMEs and start-ups serving the Base of the Pyramid (BoP)

Latin American and Caribbean Women: Better Educated, Lower Paid

October 15, 2012
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.