March 04, 2013
The construction of a kilometer-long boardwalk between Rockley and Coconut Court on the southern coast of Barbados is not only a tourist attraction—it also provides safe access to beaches and has increased beach width by nearly 20 meters.
March 04, 2013
More than five decades of collaboration to improve the quality of life of Panamanians and promote equitable development Panama has one of the most rapidly growing emerging economies of recent years. In 2012, the country’s economic growth in real terms was about 10 percent, the highest in Latin America and the Caribbean. The equally encouraging forecasts for this year place Panama in the group of countries with the greatest potential for economic expansion in the next decade.
October 15, 2012
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.
May 30, 2012
IDB-sponsored study explores how changes in civic culture are needed to achieve long-term success in mitigating violence Any successful strategy to prevent violence should include measures to recognize and change behaviors prompted by beliefs, emotions and cultural factors, according to a new study sponsored by the Inter-American Development Bank (IDB).
December 15, 2011
Paraguay is a founding member of the Inter-American Development Bank (IDB) and the Bank’s partner in development Through an ongoing process of cooperation, financing has been provided to the Paraguay to carry out major works, which have spurred the country’s economy. This year, the Bank’s portfolio of projects in execution in Paraguay totals 27 sovereign guarantee operations for $755.27 million, of which $445.9 million are pending disbursement.
July 06, 2011
IDB financing for renewable energy paves the way for denim maker in Ecuador to boost output while cutting energy costs One of the oldest traditional textile manufacturers in Ecuador, La Internacional S.A., is not only looking for the latest trends in denim fashion, but also looking for ways to become more competitive and grow in a sustainable way.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.
February 14, 2011
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.
October 25, 2010
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.
September 30, 2010
Latin America and the Caribbean face potentially crippling economic and social costs from natural disasters and needs to do more to reduce risks and prepare government finances to respond to eventual catastrophes, according to a new set of indicators by the Inter-American Development Bank (IDB).