Monday, May 3, 2010 - 03:00
Priscilla Murphy, Mexico City Ten years ago, remittances made home by immigrants abroad already were a major economic factor in Latin America and the Caribbean. However, these flows were largely unnoticed, literally hidden in plain sight.
Thursday, March 18, 2010 - 03:00
The Bank approved this year a new set of guidelines that will improve the relationship between its 26 country offices and civil society. In addition, the IDB has given civil society greater access to voice its concerns and monitor Bank-financed projects through a new Independent Consultation and Investigation Mechanism (ICIM).
Thursday, March 4, 2010 - 03:00
Complex tax systems and widespread evasion are distorting investment decisions by companies in Latin America and the Caribbean, reducing the efficiency of markets and preventing governments from investing in infrastructure, education and other key public goods. This hinders the productive possibilities of the region’s economies, according to a newly released study by the Inter-American Development Bank (IDB).
IDB and Civil Society make progress with public consultations and work agenda at meeting in Guadalajara
Saturday, November 7, 2009 - 03:00
The Inter-American Development Bank (IDB) and members of civil society in Latin America and the Caribbean agreed at their annual meeting on a roadmap toward increased transparency and more robust participation by social organizations in the activities of the Bank. The agenda was agreed upon during the Ninth Annual IDB-Civil Society Meeting, held in Guadalajara, on November 5 and 6. The Meeting was attended by the President of the IDB, Luis Alberto Moreno.
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, February 25, 2009 - 03:00
The financial crisis has brought Keynesianism back to the center stage of the policy debate worldwide. Several Latin American and Caribbean nations are announcing their own fiscal stimulus packages to try to weather the latest global credit crunch. A new study by the Inter-American Development Bank shows that recessions are far less severe in countries with room to adopt more flexible monetary and fiscal policies. However, this is not something for all nations, as success depends on economic initial conditions at the time of the crisis.
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.
Thursday, October 30, 2008 - 03:00
Inter-American Development Bank (IDB) Vice President for Countries Otaviano Canuto distributed today to the 26 Country Office Representatives, a copy of “Bridge for Development,” the roadmap adopted at the conclusion of in the Eighth Regional IDB-Civil Society Meeting. The meeting, held in Montevideo, Uruguay, on October 17-18, was attended by the IDB’s top managers, as well as more than 130 representatives of civil society in Latin America and the Caribbean.
Friday, December 28, 2007 - 03:00
By Mark Wenner
Wednesday, August 1, 2007 - 03:00
In a logical world, foreign aid would work like a vending machine: donor countries would provide a certain amount of money and in return see predictable economic outcomes. In the world as we know it, foreign aid works very differently. On the whole, some have claimed, foreign aid has done little to boost developing countries’ growth. Reports of corruption in developing countries and their limited ability to absorb aid have raised further doubts.