Inter-American Development Bank named Best Multilateral by LatinFinance

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.

Decentralization is key for development

Tuesday, July 15, 2008 - 03:00
Macroeconomic stability, democracy and private sector participation are all part of the development process of Latin America and the Caribbean, but a broader issue analyzed recently by governmental authorities, economists and researchers is decentralization. During the International Forum on Decentralization for Local Economic Development, held on July 9-10 at IDB headquarters, high-ranking officials from national and subnational governments, recognized academics and economists from the international agencies, explored new ideas to find solutions for the development challenges in this field.

IDB Fund supports efforts to promote municipal markets

Wednesday, February 13, 2008 - 03:00
New tendencies in consumer spending and ways of doing business in urban areas are affecting and risking the existence of small retail markets, also called central markets, which are facing the challenges of modernization. In an effort to improve the socioeconomic environment of urban centers in Latin America and the Caribbean, the IDB’s Multilateral Investment Fund commissioned a study on retail municipal markets in the context of attaining urban development objectives.

Who rules the megacities?

Tuesday, August 1, 2006 - 03:00
Managing a metropolitan area, defined as a city that overlaps multiple municipal governments, involves reconciling interests and resolving conflicts that are much more complicated than those faced by smaller cities. The social, political and economic challenges facing Latin America’s numerous metropolitan areas are being studied by urban specialists around the world.

Housing the Majority requires creative solutions

Thursday, June 15, 2006 - 03:00
Take the case of a cab driver in Mexico who applies for a home loan.“A cab driver is reluctant to tell you his income for tax reasons, and he doesn’t have receipts to show you how much he earns in a day,” says Mark D. Zaltzman, chief financial officer of Hipotecaria Su Casita, a Mexican financial institution that specializes in financing low-cost housing. “The only way you can determine the cab driver’s income is to ride with him in the cab all day, and that is what an examiner will do. Before you can extend a loan you have to have the right information.”

Without accessibility many opportunities get lost

Friday, October 21, 2005 - 03:00
More than 10% of the Latin American population suffers some type of disability. This situation requires the creation of public and private spaces and facilities that are accessible to all. A group of IDB experts in public transportation, urban development and social development recently devised operational guidelines on accessibility in urban development projects with universal design principles. They focus on creating access to public environments for all persons, independent of their physical and sensory characteristics.

Visual arts of the last two decades

Tuesday, June 7, 2005 - 03:00
Many expressions coexist, while some seem to complement or contradict each other, in the new art exhibit organized by the IDB Cultural Center and entitled Paradox and Coexistence II . The show, based on Colombian art historian Germán Rubiano Caballero's book Art of Latin America 1981-2000, seeks to explain the course of visual arts in Latin America over the last two decades, and to better understand the interests, concerns, hopes and fears that were part of the region's development during that time.

Three for success: tripartite partnerships

Thursday, July 29, 2004 - 03:00
The historic center of Mexico City needs to preserve its great historical and architectural value. The area is threatened by social and economic decline, ranging from abandonment of buildings in the area to high delinquency rates and street commerce. After many attempts to rescue the historic center, a new effort is underway to rescue the culture and colonial architecture, and nurture a fundamental bond among the community, the investors and the government.

The challenge of an urban continent

Wednesday, July 7, 2004 - 03:00
Urban growth is not an option, but a fact of life in all parts of the world, especially Latin America and the Caribbean. According to figures from the 2001 Global Report on Human Settlements by the United Nations agency UN-HABITAT, city-dwellers will make up 80 percent of the total regional population by 2030. This means that the number of people living in cities back in 2000—280 million—will increase by more than 130 million. Such unprecedented growth presents a huge challenge for Latin American countries.

Lighting up the barrio

Thursday, June 10, 2004 - 03:00
It's hard for most people in the industrialized world to imagine life without basic utilities such as running water and electricity. But for many people living in Latin America and the Caribbean, access to such basic services is tenuous at best.