Monday, March 4, 2013 - 03:00
In the Dominican Republic, the agricultural sector’s share in the economy has been in steady decline because of slowing productivity. Over the past two decades, the sector’s share has fallen from 12 percent to 7.6 percent of gross domestic product. This has constrained the government’s efforts to improve living conditions in rural areas, home to a third of the population, half of them living below the poverty line.
Tuesday, December 20, 2011 - 03:00
Challenges of youth unemployment and underemployment Despite the relatively high economic growth Latin America and the Caribbean has experienced over the past few years, a significant portion of its population remains in poverty, including a large percentage of youth.
Friday, September 16, 2011 - 03:00
The Solidarity Program helps reduce poverty in the Dominican Republic for more than 500,000 families In the neighborhood of La Gallera, on the outskirts of Santo Domingo, Dominican Republic, hundreds of children and youths spend their days on the streets, oblivious to the groups of tourists visiting downtown. In spite of the high unemployment rates and poverty, life goes peacefully on.
Monday, July 25, 2011 - 03:00
IDB helps provide life skills training and job placement for more than 47,000 Dominican at-risk youth Social Transformation – story of a young future top chef
Friday, March 25, 2011 - 03:00
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.
Friday, March 25, 2011 - 03:00
Several IDB programs are helping the region diversify its economy and attract new investments The Inter-American Development Bank (IDB) is financing several programs to improve the business environment, foster diversification and enhance competitiveness in the Caribbean.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
Thursday, March 10, 2011 - 03:00
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.
Monday, November 8, 2010 - 03:00
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.
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.
Ministers call for more financial and institutional support for culture industries in Latin America and the Caribbean
Tuesday, October 19, 2010 - 03:00
Cultural industries are one of the fastest-growing sectors of the global economy, expanding at a projected rate of 8-10 percent over the coming decade. What does that mean for Latin America and the Caribbean? The region has rich cultural heritage and dynamic cultural industries which continue to grow. But are countries doing enough to exploit the social and economic potential of the creative sector for development?