Artificial intelligence to boost Latin American and Caribbean economies: IDB study

August 29, 2018
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

IDB supports Ecuador in rebuilding electricity infrastructure damaged by earthquake

January 25, 2017
The Inter-American Development Bank (IDB) will help Ecuador with a $60 million loan to rebuild electrical infrastructure in areas hit by an earthquake last April, through the incorporation of quake-resistant features in the provinces of Esmeraldas, Manabí and Santo Domingo. The specific goals of the project are to restore the supply of electricity through the sub-transmission systems of the utility companies affected by the quake and facilitate reliable supply of electricity to final users through the implementation of electrical distribution projects.

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.

The trade slowdown in Latin America and the Caribbean is more intense than in the rest of the world

November 17, 2016
South American and Caribbean countries were the most affected. Following two years in a downward trajectory, the value of Latin American exports fell 14.8 percent in 2015, and 8.5 percent in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank.

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.

The IDB recognizes five municipal governments in the Gobernarte Contest and pays tribute to Eduardo Campos

April 22, 2016
The winners were chosen for their innovative initiatives The Inter-American Development Bank (IDB) selected the cities of Fortaleza and San Bernardo del Campo in Brazil, Antigua Guatemala in Guatemala, Guayaquil in Ecuador, and Baruta in Venezuela as the winners of “Gobernarte 2015: Eduardo Campos Award” in a ceremony held on April 19.

Remittance Flows Up in Central America and Caribbean, Down in Mexico and South America

June 10, 2014
MIF study outlines 2013 trends, continued importance of flows for the Region In 2013, remittances to Central America and the Caribbean increased over the previous year while remittance flows to South America and Mexico declined, resulting in flat growth for the region as a whole, according to a new report from the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group.

How Land Titling Can Boost Access to Credit for Farmers in Ecuador

March 27, 2013
For more than 70 years, the Herrera family has owned and farmed 300 hectares in the municipality of Pimampiro in northern Ecuador. The family had a deed for the land but it provided few details about the exact property lines, which areas had been set aside as protected areas, and in which parts farming was allowed.

IDB approves $153 million in loans to set up IDB-China Eximbank Equity Investment Platform

November 29, 2012
The Inter-American Development Bank (IDB) has approved as much as $153 million in loans for the establishment of a new equity investment platform for Latin America and the Caribbean in partnership with the Export-Import Bank of China (China Exim).

IDB, China Eximbank further advance in the creation of equity investment platform for Latin America and the Caribbean

March 19, 2012
MONTEVIDEO, Uruguay – The Inter-American Development Bank (IDB) and the Export-Import Bank of China (China Eximbank) are advancing in the creation of an investment platform for Latin America and the Caribbean that will mobilize as much as $1 billion for equity investments to promote sustainable economic development in the region.