IDB seminars in Medellín to discuss impacts of global financial crisis

March 23, 2009
The Inter-American Development Bank (IDB) is promoting the discussion and analysis of the impacts of the global financial crisis in Latin America and the Caribbean during seminars in Medellín, Colombia, related to the 50th Annual Meeting of the Bank'sBoard of Governors. The discussions will feature government leaders such as Colombian President Alvaro Uribe, Zhou Xiaochuan and governor of the People’s Bank of China, as well as noted experts such as Robert Merton, a Nobel Prize-winner economist.

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.

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.

A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic

January 26, 2007
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies

Goodbye to rural poverty

March 20, 2006
Agriculture alone can't put an end to rural poverty. That is one of the conclusions of the studies directed by Hans Cansen, researcher and Central American coordinator, and Shenggen Fan, director of government and development strategies at the International Food Policy Research Institute (IFPRI). Hans Cansen centered his study on three Central American countries: Guatemala, Honduras and Nicaragua. His goal was to describe the assets of rural populations in order to understand their impact on economic growth and living standards and propose strategies for rural investment.

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.

A home-grown solution for Latin America’s water crisis

March 01, 2006
By Luis Alberto Moreno*As delegates gathered at the IV World Water Forum in Mexico City earlier this month, many were asking whether the private sector still has a role to play in solving the critical sanitation problems of the developing world.

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.”