IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Millennials have potential that Latin America and Caribbean must not squander, says study

November 22, 2018
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

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

August 29, 2018
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 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.

Scholars stress great integration potential between India and Latin America

July 27, 2010
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.

IDB: It is imperative that trade continues to flow in the region to mitigate crisis

May 07, 2009
MONTEGO BAY, Jamaica – IDB President Luis Alberto Moreno and Director-General of the World Trade Organization Pascal Lamy warned against protectionism at the Second Regional Review on Aid for Trade (AfT) for Latin America and the Caribbean. “The integration of our hemisphere has proven to be one of the most powerful engines of economic growth and human and social development,” said Moreno during the opening session of the AfT conference being held today and tomorrow in Montego Bay, Jamaica.

IDB welcomes Banco Agrícola as issuing and confirming Bank under its Trade Finance Facilitation Program (TFFP)

April 06, 2009
The Inter-American Development Bank (IDB) announced today that Banco Agrícola of El Salvador joined the IDB’s Trade Finance Facilitation Program (TFFP). Under the TFFP, the IDB extends guarantees to cover letters of credit, promissory notes, bid bonds, performance bonds, advance payment bonds and other instruments used in international trade transactions. The TFFP can help Banco Agrícola to further increase its trade finance business and to take advantage of the TFFP’s countercyclical effects during times of volatility in trade finance flows. TFFP

IDB releases annual report on anti-corruption activities

April 02, 2009
The Inter-American Development Bank sanctioned 25 individuals and eight firms as a result of investigations carried out during 2008, according to a report released today.The 2008 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of fraud and corruption in Bank-financed activities. It offers a detailed summary of a sampling of the 222 inquiries and allegations received by the OII and 150 investigations it carried out last year.

IDB Annual Meeting concludes with countries vowing action on crisis

March 31, 2009
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.

IDB Annual Meeting agenda highlights - March 30

March 30, 2009
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.