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

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.

Brazilian state of Bahía to improve public administration with help from IDB

Monday, November 24, 2014 - 03:00
Loan of $50 million will help improve the quality of services for citizens  The Inter-American Development Bank has approved a $50 million loan for the northeastern Brazilian state of Bahía for a program designed to strengthen public administration to better serve its citizens. The project is known as PROGEST. 

Brazil’s Espírito Santo State to bolster tourism with $48 million loan from IDB

Monday, July 28, 2014 - 03:00
An emphasis on culinary tourism is expected to increase formal employment in the state

Who are the region’s high-growth women entrepreneurs and what motivates them?

Thursday, March 13, 2014 - 03:00
A new study analyzes their characteristics and challenges The new study “WEGrow: Unlocking the Growth Potential of Women Entrepreneurs in Latin America and the Caribbean,” finds that these entrepreneurs are opportunity-driven rather than necessity-driven, and that they mention economic independence, passion and creating jobs as their main reasons for launching their business ventures.

Brazil’s Fisherwomen Mean Business

Friday, March 7, 2014 - 03:00
In Vila Castelo, a small town in the Brazilian state of Pará, fisherwomen are learning the ropes of fiscal management and entrepreneurship  Traditional fishing does not differ much today from what it has been since biblical times—a boat, a net, and a few men. Wait. Men? Maybe it has changed after all. At least in Vila Castelo, a tiny fishing village in Brazil’s state of Pará, women fish alongside men. 

Brazil’s state of Paraná to carry out ambitious public security program

Thursday, December 19, 2013 - 03:00
More than 150,000 young people will benefit from “Paraná Seguro,” Brazil’s first public security operation with international funding Brazil’s state of Paraná will carry out an ambitious program of police reform and early social prevention of violence for at risk youth with the support of a $67.2 million loan from the Inter-American Development Bank (IDB).