Ready for Take-off in Costa Rica

Tuesday, August 6, 2013 - 03:00
The sevenfold increase in tourism in Costa Rica over the past 25 years has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming the Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Ready for Take-off in Costa Rica

Tuesday, April 16, 2013 - 03:00
The sixfold increase in tourism in Costa Rica over the past three decades has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Mayas, the flight through time

Wednesday, December 19, 2012 - 03:00
A new documentary shows how a 3,500-year-old culture remains vibrant in Mesoamerica When the Mayan people abandoned their cities of gleaming limestone in the 9th century AD, they took with them something far more enduring than monuments: They took their culture.  Over the centuries, as the forest reclaimed these vast temple complexes, the descendents of this great civilization continued to speak their ancestral languages, find meaning in the same cosmology, and even eat the same foods. 

Latin American and Caribbean Women: Better Educated, Lower Paid

Monday, October 15, 2012 - 03:00
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.

IDB fuels impact investing in Latin America

Monday, February 13, 2012 - 03:00
More than $110 million of impact investing resources were mobilized by the IDB over the past 18 months to finance profitable projects that bring about social change Despite stellar economic performance in recent years, Latin America and the Caribbean still have a long way to go to address pressing development needs, such as reducing poverty, improving educational outcomes and enhancing access to reliable health services.

Costa Rica’s main airport completes restructuring, gears up for expansion with IDB, OPIC support

Monday, October 17, 2011 - 03:00
$100 million in loans disbursed last month will pave the way for the airport to more than double its passenger capacity Costa Rica’s Juan Santamaría International Airport in San José has successfully completed a three-year restructuring and is preparing to more than double its passenger capacity after partnering with the Inter-American Development Bank (IDB) and the Overseas Private Investment Corporation (OPIC).

Costa Rica’s Huétar Norte Region to boost competitiveness of micro and small firms with MIF support

Wednesday, October 5, 2011 - 03:00
$1 million investment will foster innovation and create first carbon footprint management model for firms in the nation With a vast agricultural, scenic and environmental richness, the Huétar Norte Region is little known outside of Costa Rica, and even internally its productive and touristic potential is not fully explored. More than half the milk produced in the country comes from that area, which covers 20 percent of the national landscape and it is home to only 7 percent of Costa Rica’s population.

Women entrepreneurs: too often trapped in the microenterprise ghetto

Wednesday, October 5, 2011 - 03:00
Innovative approaches can boost women’s economic presence among small business owners in Latin America and the Caribbean Over the past three decades, women in Latin America and the Caribbean have dramatically increased their role in the workforce. Currently, about half of women in the region are economically active, more than double the level in the 1970s. They have been elected presidents of several Latin American countries and often dominate the microenterprise and microfinance sector, providing an important contribution to regional economies.

Lesson on remittances

Wednesday, March 23, 2011 - 03:00
Two IDB experiments shed light on policies to increase savings and remittances of migrants Remittances from migrants bring substantial benefits for countries in Latin America and the Caribbean, a review by the Inter-American Development Bank (IDB) shows. Money sent home increases consumption, investments and lowers poverty rates. However, little has been done to gather evidence on how to increase these beneficial transfers.

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.