Latin American and Caribbean Women: Better Educated, Lower Paid

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.

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.

The Caribbean and the IDB at a Glance

September 27, 2010
The IDB member countries of the English-speaking Caribbean – The Bahamas, Barbados, Belize, Guyana, Jamaica and Trinidad and Tobago – along with Dutch-speaking Suriname, are brought together by commerce, geography, history and traditions. Their economic situation and development challenges, however, may vary widely.

Latin America and the Caribbean see slower growth in next four years

March 19, 2009
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.

The IDB, a partner of Colombia in development

March 17, 2009
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.

Youth get training to change course of life

December 12, 2006
Jose Luis Pereira, 26 years old, is the older of six siblings who live in Carabayllo, a suburb of recent expansion and one of the poorest districts of the Peruvian capital. About 150,000 people live there in poverty amidst a lack good employment opportunities.

More growth or less inequality?

September 20, 2005
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.

The winning card

September 06, 2005
Remittances and a cross-border network of businesses, nonprofits, credit unions, microfinance institutions and other financial players are connected through a debit and stored-value card platform that has one very simple result: everybody wins. The business model, combining efficient use of technology with cheaper remittances transactions and better business for financial institutions, was presented at IDB headquarters by UCLA professor and successful entrepreneur Raúl Hinojosa.

New IDB Fund Supports Gender Mainstreaming

August 18, 2005
The IDB has received a commitment from the Norwegian government for US$3 million to launch a multi-donor Gender Mainstreaming Fund, a Bank initiative to expand the provision of technical support and institutional strengthening to further integrate gender issues into IDB-financed development projects in Latin America and the Caribbean. The Bank has already received $600,000 to initiate activities in 2005. 

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

July 20, 2005
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.