Mesoamerica renews push towards integration

Monday, October 25, 2010 - 03:00
The presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, Colombia and the Dominican Republic will meet tomorrow, Oct. 26, in Cartagena, Colombia at the XII Summit of the Tuxtla Mechanism for Dialogue and Coordination. The heads of state will be informed of the progress made by the Mesoamerica Project in terms of regional integration and will decide further courses of action.

Central America's integration is in full swing

Wednesday, July 21, 2010 - 03:00
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality.

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.

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.

Donors pledge support to assist Latin American countries in CAFTA-DR trade agreement to improve compliance of labor standards

Wednesday, July 20, 2005 - 03:00
Donors pledged their support to assist six Latin American countries participating in the CAFTA-DR free trade agreement with the United States in improving the compliance and enforcement of international and national labor standards and legislation. Delegations from Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua met with donors at the headquarters of the Inter-American Development Bank in Washington, DC to discuss their strategic priorities and specific goals they want to accomplish regarding labor law compliance and institutional strengthening.

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.”

Increasing tax collection

Monday, January 10, 2005 - 03:00
If Central America wants to improve social equity and achieve fast and continuous economic growth, its countries need to increase tax collection and modernize their tax systems, according to a recent study by IDB economists Manuel R. Agosin and Roberto Machado entitled Tax Reform and Human Development in Central America. Regional tax reform is necessary because “Central American states are too small and vulnerable to provide essential public goods for the economic growth and the people’s well being.”

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.

Profile of the young Latin American entrepreneur

Monday, July 26, 2004 - 03:00
They belong to the middle class, have university degrees and on average begin to think about being entrepreneurs at 25, but they do not open their first company until about 5 years later. These are the characteristics that define the young Latin American entrepreneurs, according to a recent study by the Inter-American Development Bank that is the subject of the book Desarrollo Emprendedor (published in Spanish and available in English in the fall).

Central American nations and Dominican Republic call for ratification of CAFTA

Tuesday, July 13, 2004 - 03:00
Trade and labor ministers from Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua announced at the Inter-American Development Bank that they will take steps to strengthen the enforcement of labor standards in their countries. In a joint statement issued after a meeting, the ministers also called on the U.S. Congress to ratify the CAFTA free trade agreement negotiated recently with their countries. Trade among the seven participating countries totals $30 billion a year.