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.

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.

Goodbye to rural poverty

Monday, March 20, 2006 - 03:00
Agriculture alone can't put an end to rural poverty. That is one of the conclusions of the studies directed by Hans Cansen, researcher and Central American coordinator, and Shenggen Fan, director of government and development strategies at the International Food Policy Research Institute (IFPRI). Hans Cansen centered his study on three Central American countries: Guatemala, Honduras and Nicaragua. His goal was to describe the assets of rural populations in order to understand their impact on economic growth and living standards and propose strategies for rural investment.

Latinos from the Far East

Wednesday, March 1, 2006 - 03:00
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.

More growth or less inequality?

Tuesday, September 20, 2005 - 03:00
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.

Technology Helped Reducing Inequality Gap

Thursday, April 21, 2005 - 03:00
A study realized by scholars at the universities of Chicago, Maryland and the Hoover Institution demonstrated that technology is helping reduce inequality in the world. Bary S. Bercker, Tomas J. Philopson, and Rodrigo R. Soares compared “the welfare value of gains in life expectancy with gains in income” to get the “effect of life expectancy on the evolution of world inequality.”

A helping hand

Friday, July 23, 2004 - 03:00
About $2 billion of Bolivia's external debt have been forgiven under the Heavily Indebted Poor Countries Initiative (HIPC), a debt relief program launched by the World Bank and the International Monetary Fund in 1996 and agreed upon by governments around the world. Bolivia has been granted the highest level of debt relief in Latin America under HIPC while three other countries qualify for the program: Guyana, Honduras and Nicaragua.

Beyond voting

Monday, May 10, 2004 - 03:00
A quarter of a century ago, democratic governments in Latin America were the exception, not the norm. Today, a large majority of countries in the region enjoy democratic governments. Without a doubt, the political situation has improved but it is too soon to declare the mission fulfilled. According to Cardinal Oscar Andrés Rodriguez, archbishop of Tegucigalpa and president of the Foro de Fortalecimiento a la Democracia (Forum to Strengthen Democracy, also known by the Spanish acronomy FDD), “elections are not enough; democracy is a form of life, not just casting a vote."

Promoting citizen participation and ethics in IDB projects

Tuesday, September 30, 2003 - 03:00
Six IDB projects in Mexico and Central America were analyzed during a recent workshop on social capital, ethics and development. The goal of the workshop, held at IDB headquarters in Washington, D.C., was to further integrate social participation and an ethical dimension as components of development projects. The event was attended by 43 specialists from the Bank and other international organizations.