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.
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.
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.
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.
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.
Wednesday, October 8, 2008 - 03:00
A large portion of the employed population in Paraguay works in the microenterprise sector, which has produced many successful and dynamic businesses. More than 150,000 microentrepreneurs have accessed financing through specialized microcredit institutions. However, many microenterprises do not provide their proprietors and workers with a
Friday, September 3, 2004 - 03:00
A hard-working Paraguayan, a good idea and a start-up $500 loan come together in this rags-to-riches story of a non-Spanish speaker who started selling fruit in his hometown and ended up venturing successfully in the export business. In Guayaibí, one of the poorest and most conflicted-ridden areas of Paraguay, Antonio Bogado started planting bananas and pineapples on a piece of land that belonged to his parents. Initially sold the fruit in nearby areas and later in Asunción, and soon saw himself exporting to Argentina and Uruguay.
Thursday, October 16, 2003 - 03:00
One surefire way to increase the competitiveness of a country’s exports in global markets is to make its tax system amenable to businesses—and especially to manufacturers of products and providers of services in which the country has a competitive advantage. Unfortunately, designing the ‘perfect’ tax structure isn’t easy, even on the national level. Policymakers must devise a system that raises enough tax revenues to finance public expenditures without sacrificing the nation’s competitiveness.