Young innovators from Latin America and the Caribbean to share their game-changing ideas at one-day Conference at the IDB

November 25, 2014
Demand Solutions will feature presentations by top international experts on the sharing economy, entrepreneurship, gamification for social innovation, 3D printing as a development tool and other topics, as well as the opportunity to learn about 16 young Latin Americans who have come up with disruptive ideas for solving pressing development issues in Latin America – and around the world.

A capital challenge in Haiti

November 03, 2011
Until February 2011, Jean-Claude Seropian, a French hydraulic engineer, worked in Paris as director of operations of Suez Environnement, one of the world’s leading water and waste management companies. That month he moved to Haiti as head of a team of five technical, financial and management experts from Suez and two sister companies, Aguas de Barcelona and United Water. Their mission: to work with the staff of Port-au-Prince’s ailing water utility to arrest the decline of its services.

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.

Venture capital for low-income markets

February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.

IDB launches first Sustainability Review

April 26, 2006
The first edition of a review that describes the IDB’s progress in promoting social and environmental sustainability in its member countries in Latin America and the Caribbean was launched April 25 at a reception at the Bank attended by government officials, members of nongovernmental organizations, Bank board members and senior managers, and the press.

Measuring the opposite of corruption

January 26, 2006
In many countries in Latin America and the Caribbean, corruption is reluctantly accepted as part of the political workings of government, as an inevitable occurrence among those in power. However while everyone is well aware of its pervasiveness, the extent of corruption remains difficult to measure accurately, for it is hard to gauge what cannot be seen.

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.

Andean integration: Myths or realities?

September 12, 2005
While three of the five Andean countries—Colombia, Ecuador and Peru—are participating actively in the free trade agreement negotiations to promote commerce and investment between the United States and the Andean Community, the recent celebration of the Ninth Annual Corporación Andina de Fomento (CAF) Conference served to reflect on the differences within the subregion and the positions held by the two other Andean countries, which abstained from taking part in the negotiations. Bolivia plays only the role of an observer, while Venezuela is skeptical of the proposed model.

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.

The double-edged sword of currency mismatches

November 04, 2004
Doing business in dollars has proved to be risky many times over in Latin America. When the price of the dollar goes up, local exporting companies increase their income and therefore try to export more. But that same exchange rate depreciation spells trouble to all companies indebted in dollars, and big trouble to the ones who owe money in dollars and have income in local currency.