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).

Crime exacts steep social, public and private costs in Latin America and Caribbean: IDB study

Friday, February 3, 2017 - 03:00
Annual costs of crime and violence estimated at $261 billion for region; impacts vary among and within countries Violence and crime impacts much higher than for developed nations Report calculates foregone income of murder victims, imprisoned individuals A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at $261 bill

IDB supports Ecuador in rebuilding electricity infrastructure damaged by earthquake

Wednesday, January 25, 2017 - 03:00
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 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.

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 and government of Argentina launch Security Week to discuss crime and violence in Latin America and Caribbean

Monday, September 26, 2016 - 03:00
· Almost 135.000 victims of murder in the region last year; cost of crime estimated at $120 billion · Studies on violence in cities, police communications to be unveiled The Inter-American Development Bank and the Ministry of Security of Argentina today launched the 8th Annual Security Week, aiming to promote more dialogue and knowledge exchange on crime and violence, with a focus on transparency and on police reforms.

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

Friday, April 22, 2016 - 03:00
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.

IDB and OAS urge Latin America and the Caribbean to strengthen cybersecurity

Monday, March 14, 2016 - 03:00
Report shows the region has “potentially devastating” vulnerabilities Four out of five countries lack a cybersecurity strategy Leaders of the Inter-American Development Bank (IDB) and the Organization of American States (OAS) today called on the countries of Latin America and the Caribbean to step up their efforts on cybersecurity following the release of a new study, carried out by the two institutions with the support of Oxford University.

IDB approves a $300 million line of credit to help Ecuador maintain its social spending in case of economic shocks

Friday, December 19, 2014 - 03:00
The Inter-American Development Bank (IDB) has announced the approval of a stand-by line of credit for up to $300 million to help Ecuador protect its social spending from potential external economic shocks. The stand-by credit line, which will be in place for three years, will allow the government of Ecuador to temporarily sustain its levels of spending in programs to reduce poverty should exogenous events limit its revenues.

Ecuador province to boost agricultural productivity with IDB support

Thursday, June 27, 2013 - 16:35
Investment program in irrigation and rural roads for an impoverished indigenous region  Ecuador will receive a $15 million loan from the Inter-American Development Bank (IDB) for an investment program to increase agricultural productivity and improve market access for rural families in one of its poorest provinces.