IDB releases its 2010 Development Effectiveness Report

March 23, 2011
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.

China Eximbank and IDB Expand Trade Activity

October 22, 2010
CHENGDU, China – The Export-Import Bank of China (“China Eximbank”) and the Inter-American Development Bank (“IDB”) signed a Letter of Intent to boost trade between China and Latin America and the Caribbean (“LAC”) at the China-LAC Business Summit, held in Chengdu, China, on October 21st and 22nd, 2010.

Chilean bank expands financing for microenterprise with IDB assistance

December 18, 2009
The Inter-American Development Bank has approved a $10 million credit guarantee to help up to 80,000 small entrepreneurs get access to loans under an innovative program provided by Chile’s Banco de Crédito e Inversiones (BCI).<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />  

Venture capital for low-income markets

February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.

Housing Market for the Majority: Challenges and Opportunities for the Private Sector

December 04, 2008
The Inter-American Development Bank distributed on Thursday a study of the housing market for the 70 percent of the population that comprises the low-income majority in Peru.

Latin America needs microeconomic reforms to expand its middle class, Bill Clinton says

June 13, 2006
Latin America should carry out microeconomic reforms to clear the path for more poor people to join the middle class, instead of locking itself in a debate over fiscal discipline and social spending, former U.S. president Bill Clinton said today. In a public dialogue with the president of the Inter-American Development Bank, Luis Alberto Moreno, Clinton also commented on current issues such as immigration, alternative energy sources, climate change and the fight against AIDS.

IDB launches initiative to generate economic opportunities for majority in Latin America and the Caribbean

June 06, 2006
Inter-American Development Bank President Luis Alberto Moreno today unveiled an initiative aimed at generating economic opportunities for low-income people in Latin America and the Caribbean, who make up a majority of the region’s population. In a briefing held at the IDB’s headquarters in Washington, D.C. and transmitted to field offices across the region, Moreno explained that the Building Opportunities for the Majority initiative will seek innovative solutions to help low-income people develop their economic potential and accumulate assets.

IDB to present new development initiative for Latin America and the Caribbean

June 01, 2006
Inter-American Development Bank President Luis Alberto Moreno will hold a press briefing on Tuesday, June 6 to present a new initiative to promote economic opportunities for the low-income majority of Latin America and the Caribbean, a region where poverty and inequality levels have hardly changed over the past five decades.

Reaching the Majority: Promising Steps, Future Actions

March 06, 2006
Social programs have at worst downplayed the interactions between program requirements and rates of underdocumentation, or at best fashioned awkward solutions to get around these problems (such as inventing a new identification code for each family in each project). However, there are some promising trends in the region as private, public and international entities take steps to reach those who have been invisible to the system.