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.

Civic culture is key to reduce violence, study finds

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).

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.

The underserved low-income market in the Caribbean

May 25, 2007
Close to 90 percent of the population in the Caribbean––over 11 million people, mostly in Haiti, Jamaica and Suriname—has an annual income lower than $3,260 or under $300 a month measured in purchasing-power-parity (PPP) dollars. This startling statistics comes from a new report presented at the seminar Opportunities for the Majority (OM) in the Caribbean, held by the IDB in Montego Bay, Jamaica, on May 17—18.

Making a difference one violin at a time

May 15, 2006
While walking down Sabana Grande, Caracas’s raucous pedestrian boulevard, it is impossible not to be bombarded with the competing beats of reggeton and salsa blasting from the many CD pirateers’ booths along the way. This cacophony characteristic of Caracas’s bustling urban environment lies in stark contrast to the sounds encountered at the city’s Montalbán music school, the heart of the celebrated State Foundation for the National System of Youth and Children’s Orchestras of Venezuela (FESNOJIV).

Latinos from the Far East

March 01, 2006
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.

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.

Technology Helped Reducing Inequality Gap

April 21, 2005
A study realized by scholars at the universities of Chicago, Maryland and the Hoover Institution demonstrated that technology is helping reduce inequality in the world. Bary S. Bercker, Tomas J. Philopson, and Rodrigo R. Soares compared “the welfare value of gains in life expectancy with gains in income” to get the “effect of life expectancy on the evolution of world inequality.”

Sharing a vision of social cohesion

February 18, 2005
Income gap, access to education, health, land, or credit, equal treatment by the police and justice: all these are factors of social inequality that contribute to a climate of global insecurity affecting all regions, including Europe and Latin America and the Caribbean. But need for action is more pressing in Latin America because social inequality endangers the region's hardly earned democratic stability.