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.

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

IDB launches report detailing steps to help avoid social conflicts

Monday, September 10, 2018 - 16:02
A new report by the Inter-American Development Bank (IDB) identifies ten key elements that can help projects improve their sustainability and reduce potential social conflicts, from proper community engagement and legal foundations to adequate monitoring of results.

Argentina promotes economic growth with IDB support

Thursday, July 26, 2018 - 11:21
The $300 million loan is the first operation of a $2.5 billion package of fast disbursement projects over the next 12 months Argentina will modernize the institutional frameworks for taxation and policy-making, aiming to strengthen private and public investment that promote economic growth, with a $300 million loan from the Inter-American Development Bank (IDB).

IDB Group and Civil Society discuss sustainable development challenges in Latin America and the Caribbean

Tuesday, November 7, 2017 - 19:00
More than 500 civil society representatives from 26 nations and international experts share knowledge on innovation from the perspective of future jobs, intelligent cities, the digital economy and social innovation SANTA CRUZ, Bolivia – More than 500 representatives from Latin American and Caribbean Civil Societies organizations met in Santa Cruz, Bolivia, with senior Inter-American Development Bank (IDB) officials to discuss ways to put innovation at the service of sustainable development.

Argentina to implement urban integration, social and educational inclusion programs in Buenos Aires City with IDB assistance

Wednesday, September 27, 2017 - 03:00
More than 150,000 people will benefit from climate change resilient urban infrastructure and from spaces fit for living and working in the Barrio 31 settlement as well as from a more equitable education system in Buenos Aires City Buenos Aires City’s living, social and educational inclusion conditions will improve with a $250 million credit line for investment projects and with a $100 million initial individual loan approved b

Better governance and greater integration to determine fate of Latin America and the Caribbean in 2030

Thursday, December 1, 2016 - 03:00
New Atlantic Council report commissioned by IDB offers contrasting scenarios for crime, democracy, trade and economic growth The Atlantic Council today released "Latin America and the Caribbean 2030: Future Scenarios," a report commissioned by the Inter-American Development Bank (IDB) that looks at how the region's countries could evolve over the next 14 years, underscoring how more integration and better governance hold the key to greater prosperity.

Argentina to implement metropolitan areas development program with IDB support

Wednesday, October 26, 2016 - 03:00
Project will improve urban services and infrastructure in metropolitan areas, boosting living conditions for 19.5 million people  Argentina will implement a management support program in 21 metropolitan areas, improving the living conditions of 19.5 million people with help from a $240 million credit line for investment projects and of a first individual loan of $80 million approved by the Inter-American Development Bank (IDB)