Providing Credit to Latin America’s “Missing Middle”

Tuesday, April 30, 2013 - 03:00
Join the discussion on twitter using #devthatworks There are approximately 34 million businesses in Latin America and the Caribbean, most of them small, informal, and with limited access to credit. Since they are unable to provide collateral, a reliable financial history, or accounting information, these businesses cannot meet the financial information requirements of commercial banks to obtain loans to improve and expand their operations.

How Land Titling Can Boost Access to Credit for Farmers in Ecuador

Wednesday, March 27, 2013 - 03:00
For more than 70 years, the Herrera family has owned and farmed 300 hectares in the municipality of Pimampiro in northern Ecuador. The family had a deed for the land but it provided few details about the exact property lines, which areas had been set aside as protected areas, and in which parts farming was allowed.

Banking the Unbanked in Colombia

Monday, March 4, 2013 - 03:00
Approximately 35 percent of the Colombian adult population has no access to any formal financial services and are considered “unbanked,” according to the Colombian Banking Association. Some 79 percent of adults have no access to credit cards.

IDB and People of African Descent in Latin America

Wednesday, November 16, 2011 - 03:00
People of African descent represent 33% of the population of Latin America and the Caribbean, and an estimated 50% of them live in poverty. Latin America is one of the most unequal regions of the world. Inequality is partly explained by the lack of opportunities determined at birth by race and ethnicity. Inequalities have a direct impact on human development and overall economic development in Latin America and the Caribbean.

Innovative community participation supports program to fight environmental degradation of Brazil’s Atlantic forest

Monday, April 25, 2011 - 03:00
IDB helps promote conservation and provide better housing conditions for more than 8,000 families, many of them living in high-risk hillsides in Serra do Mar A $470 million project backed by the Inter-American Development Bank (IDB) and the Brazilian state of Sao Paulo is seeking to protect what is left of the Atlantic forest while ensuring better livelihoods for the local communities. One of the key components of the project is to move residents to safer areas.

The IDB in Brazil at a glance

Monday, April 25, 2011 - 03:00
Highlights: support for the World Cup cities, environmental conservation, and infrastructure Brazil is one of the IDB’s founding member countries. Since 1961, the Bank has approved $40 billion in loans and guarantees for Brazil that have helped fund projects costing more than $110 billion. These projects, in the areas of ​​infrastructure, environment, institutional strengthening, and poverty reduction, have been carried out in close cooperation with all levels of government, civil society, and the private sector.

MIF: 10 years working on remittances

Monday, May 3, 2010 - 03:00
Priscilla Murphy, Mexico City Ten years ago, remittances made home by immigrants abroad already were a major economic factor in Latin America and the Caribbean. However, these flows were largely unnoticed, literally hidden in plain sight.

IDB promotes dialogue with civil society

Thursday, March 18, 2010 - 03:00
The Bank approved this year a new set of guidelines that will improve the relationship between its 26 country offices and civil society. In addition, the IDB has given civil society greater access to voice its concerns and monitor Bank-financed projects through a new Independent Consultation and Investigation Mechanism (ICIM).

High taxes and evasion eroding economic growth in Latin America and the Caribbean

Thursday, March 4, 2010 - 03:00
Complex tax systems and widespread evasion are distorting investment decisions by companies in Latin America and the Caribbean, reducing the efficiency of markets and preventing governments from investing in infrastructure, education and other key public goods. This hinders the productive possibilities of the region’s economies, according to a newly released study by the Inter-American Development Bank (IDB).

Happiness and violence in Argentina: crime victims tend to favor more lenient measures

Monday, February 15, 2010 - 03:00
Are you happy? Did you smile yesterday? Increasingly economists are putting emotional questions like these at the heart of their studies in an attempt to uncover the links between happiness, human behavior, beliefs and policies.  Though crime has received relatively little attention in happiness research, a new study by the Inter-American Development Bank provides surprising insights: Victims of crime are no less happy than others.