Study analyzes challenges faced by Central America as it seeks sustainable development

Friday, July 19, 2019 - 09:40
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

First quarter exports from Latin American and Caribbean fall: IDB report

Tuesday, June 18, 2019 - 17:31
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

IDB highlights strengths of Central America in the face of external economic challenges

Wednesday, April 3, 2019 - 15:14
Two new studies on the region examine the current economic landscape and the work that the IDB Group has carried out over the last year. The economy of Central America and the Dominican Republic has continued to grow over the past year, although at significantly different rates depending on the country. For 2018, growth is estimated at 3.8 percent, a level similar to that of 2017, thanks to a robust economic performance by the region´s main trading partner, the United States.

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).

Declining Export Competitiveness: Latin America Urgently Needs a Quality Leap

Wednesday, November 14, 2018 - 15:28
BUENOS AIRES—In the first quarter of 2018, the value of exports from Latin America and the Caribbean grew at a year-on-year rate of 9.7 percent in comparison with the same period in 2017, according to a new report from the Inter-American Development Bank (IDB). However, this growth has come amid signs that the region is becoming less competitive amid rising economic risks and global trade tensions.

Global Alliance to Promote the Use of Blockchain in Latin America and the Caribbean

Tuesday, October 30, 2018 - 11:45
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

Multilateral banks reaffirm pledge to support resilient, sustainable infrastructure

Saturday, October 13, 2018 - 16:41
IDB President Luis Alberto Moreno participates in the opening session BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

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).

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

Finance Ministers discuss priorities to reactivate growth

Wednesday, October 11, 2017 - 03:00
In order to sustain economic recovery, region needs to implement financial inclusion and trade integration policies WASHINGTON DC – Finance Ministers from Latin America and the Caribbean and senior officials from the Inter-American Development Bank (IDB), the International Monetary Fund (IMF), the World Bank (WB) and the U.S. Treasury Department met today at the IDB’s headquarters to discuss policy options to promote inclusive financial systems and deeper regional integration to help strengthen economic growth prospects.