Public-Private Partnership Transforms a Road System and a Region in Peru

Friday, July 26, 2013 - 03:00
A decade ago, the only way to transport goods from the Port of Callao in Lima to the northern part of Peru was on the 183-kilometer Ancón-Huacho-Pativilca road system, a maze of narrow two-lane roads through a series of densely populated areas. For trucks transporting cargo the countless traffic jams cost precious time and money. For the local populations, the costs were felt in terms of congestion, noise and road safety.

Young people with big ideas that transform society

Thursday, March 14, 2013 - 03:00
Participate and follow us on Twitter using @bidjuventud How does one solve old problems? With new ideas PANAMA CITY – We must listen to the voices of young people, with their fresh ideas and their plans for the future. And especially in Latin America and the Caribbean, the region with the world’s youngest population, where the average age is only 27.

Panama and the IDB, partners for more than 50 years

Monday, March 4, 2013 - 03:00
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.

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.

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.

IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

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.

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.

Mesoamerica renews push towards integration

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.

Peru’s agriculture gets a boost from IDB-backed projects

Friday, August 27, 2010 - 03:00
Five days a week, Liz Villanueva, a biologist at Peru’s Agricultural Health Service (SENASA), oversees the care of a few hundred million of fruit flies. Less than a quarter inch long, these insects are one of the world’s most dreaded pests, and were once responsible for millions of dollars in crop losses in Peru every year.