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

Wednesday, August 29, 2018 - 11:43
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 economic diversification, foreign trade in Guyana

Wednesday, November 30, 2016 - 03:00
US$9 million loan will help implement a national strategy for exports and investments promotion Guyana will improve its public infrastructure and promote economic diversification and foreign trade with a US$9 million Inter-American Development Bank loan that will help strengthen the economy and stimulate exports and investments.

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

Thursday, November 17, 2016 - 03:00
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.

IDB launches MapAmericas platform to track and visualize results of development projects

Sunday, March 18, 2012 - 03:00
Participate in Twitter using #MapAmericas New interactive mapping platform revolutionizes the way the Bank and its partners show progress on development work in Latin America and the Caribbean Montevideo - The Inter-American Development Bank (IDB) today launched MapAmericas, a new online platform that allows users to easily view and track the results of development projects financed by the Bank and its partner countries in Latin America and the Caribbean (LAC).

IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
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.

IDB discloses document detailing general capital increase

Tuesday, August 3, 2010 - 03:00
The Inter-American Development Bank (IDB) published today on its Web site the report that provides the strategic direction for the Bank over the next decade. The Report on the Ninth General Increase in the Resources of the Inter-American Development Bank establishes the IDB’s strategic priorities, institutional reforms and accountability for results related to the Bank’s capital increase. The report also details the financial terms and conditions to implement the general capital increase.

IDB Governors agree on financial terms for historic capital increase

Thursday, July 22, 2010 - 03:00
Member countries provide strategic vision and accountability framework Bank will expand support to small and vulnerable countries Key goals include reducing poverty and inequality, promoting regional integration and sustainable energy, helping countries tackle climate change At the end of a 60-day voting period, the Board of Governors of the Inter-American Development Bank offered broad support for the approval of the financial terms for a $70 billion increase of the Bank’s ordinary capital.

IDB approves new, far-reaching access to information policy to boost transparency

Wednesday, May 12, 2010 - 03:00
More information on Board proceedings, projects in execution New classification system for documents and review mechanism Early access to key documents New policy to go into effect in January 2011. The Inter-American Development Bank (IDB) today approved its new Access to Information Policy, which aims to bring an unprecedented level of transparency to IDB operations and Board proceedings.

Multilateral Development Banks (MDBs) step up their fight against corruption with joint sanction accord

Friday, April 9, 2010 - 03:00
LUXEMBOURG –Taking a major step in the global fight against fraud and corruption, leading Multilateral Development Banks (MDBs) today signed an agreement to cross debar firms and individuals found to have engaged in wrongdoing in MDB-financed development projects.

IDB releases annual report on fraud prevention and anti-corruption activities

Tuesday, March 23, 2010 - 03:00
CANCUN, Mexico – The Inter-American Development Bank applied 52 sanctions—36 to individuals and 16 to firms—as a result of 152 investigations of alleged fraud and corruption cases carried out during 2009, according to a report released today. The 2009 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of prohibited practices in the activities financed by the IDB Group. It offers a detailed account of a sample of the 309 inquiries and allegations—a record number—received by OII.