Innovation is the key to sustainable development in Latin America and the Caribbean

Monday, November 8, 2010 - 03:00
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Inter-American Development Bank named Best Multilateral by LatinFinance

Friday, November 7, 2008 - 03:00
LatinFinance, the leading source of financial market intelligence for the Latin American and the Caribbean, named the Inter-American Development Bank (IDB) as the best multilateral institution this year. LatinFinance praised the bank’s efforts to finance the largest ongoing infra-structure projects in the region, highlighting the bank’s innovative lending instruments.