IDB invites feedback on new project impact mechanism for communities

Wednesday, May 6, 2009 - 03:00
The Inter-American Development Bank today unveiled its new proposed Independent Consultation and Investigation Mechanism (ICIM)—the process through which affected communities can voice concerns about an IDB project. The ICIM is a draft proposal, which is open to public consultation for civil society groups and other actors to express their suggestions and provide feedback. The idea is to enhance and speed up the investigation process of external allegations.

IDB seminars in Medellín to discuss impacts of global financial crisis

Monday, March 23, 2009 - 03:00
The Inter-American Development Bank (IDB) is promoting the discussion and analysis of the impacts of the global financial crisis in Latin America and the Caribbean during seminars in Medellín, Colombia, related to the 50th Annual Meeting of the Bank'sBoard of Governors. The discussions will feature government leaders such as Colombian President Alvaro Uribe, Zhou Xiaochuan and governor of the People’s Bank of China, as well as noted experts such as Robert Merton, a Nobel Prize-winner economist.

Latin America and the Caribbean see slower growth in next four years

Thursday, March 19, 2009 - 03:00
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Venture capital for low-income markets

Thursday, February 26, 2009 - 03:00
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.

Racial and ethnic disparities in health in Latin America

Tuesday, May 3, 2005 - 03:00
Are Afro-descendants and indigenous peoples in better or worse health than Latin Americans of European descent? Four new studies on race, ethnicity and health in Latin America produced some unexpected and sometimes contradictory results. In poor rural villages in Mexico, for instance, indigenous groups report being in better health than non-indigenous groups, said Ashu Handa, a professor at the University of North Carolina at Chapel Hill. He took data from the PROGRESA cash transfer program for the poor and compared it with the National Health Survey findings.

Mainstreaming technical training for low-income women

Tuesday, December 21, 2004 - 03:00
Many poor women in Latin America have trouble entering the labor market. A pilot program to increase women's employability in the region has strengthened training for women in technical schools and improved the quality, opportunities and gender equity in technical training and in the labor market.

The double-edged sword of currency mismatches

Thursday, November 4, 2004 - 03:00
Doing business in dollars has proved to be risky many times over in Latin America. When the price of the dollar goes up, local exporting companies increase their income and therefore try to export more. But that same exchange rate depreciation spells trouble to all companies indebted in dollars, and big trouble to the ones who owe money in dollars and have income in local currency.

Policy recommendations for mobile telephony development in Latin America

Wednesday, June 25, 2003 - 03:00
Policy makers should promote interconnection regulation through a model contract for all players, exclusion of fixed-line carriers when possible, and unlimited market entry instead of exclusive licenses to develop mobile telephony in Latin America, according to a working paper recently published by the Inter-American Development Bank's Research Department.