Government Services at Your Fingertips in Chile

Monday, May 6, 2013 - 03:00
Chile has long had one of the highest Internet penetration levels of all the countries in Latin America and the Caribbean. The question has been how to turn this into a tool to support the country’s economic and social development. The answer came when Chile, as part of an ambitious ongoing digital development strategy, decided in 2004 to revamp its e-government platform and expand its range of public services over the Internet for citizens and businesses.

A capital challenge in Haiti

Thursday, November 3, 2011 - 03:00
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.

Latin America and the Caribbean Call for More Investment in Innovation

Wednesday, August 10, 2011 - 03:00
Innovation, in particular investment in research and development (R&D), is a key to competitiveness, increased productivity and long-term growth beyond simple accumulation of physical and human capital in a fast growing global economy. Latin America and the Caribbean have not been investing enough in innovation in these worldwide trends and lag behind advanced economies and fast growing emerging economies such as China, India and South Korea. The success of the region is held back by underinvestment in innovation. Regional Dialogue

Recycling: an opportunity for change in Colombia

Monday, February 14, 2011 - 03:00
Colombians change their life and transform their family’s financial situation through a recycling project supported by the IDB Óscar Restrepo never imagined that recycling garbage could change his life. Previously a construction worker, he now owns a small business that gives him a monthly income of US$490 a month; six years ago his monthly earnings were only US$40.

Innovation is the key to sustainable development in Latin America and the Caribbean

Monday, November 8, 2010 - 03:00
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Central America's integration is in full swing

Wednesday, July 21, 2010 - 03:00
In late July, the first substation of the Central American Electrical Interconnection System (SIEPAC) is opening in Costa Rica. A week later, the substation in Panama will be ready to operate. Towers, lines and cables are already in place, so the southern section of the nascent Central American electricity market will soon be a reality. PAC53 - Road from La Chorrera to Arraijan, in Panama.

IDB launches contest to bring innovation to the challenge of disability

Friday, May 8, 2009 - 03:00
How can people with disabilities be pulled out of poverty? Technology adapted to the Latin American reality is part of the solution to integrate these people into society and into the workforce, said Massachusetts Institute of Technology (MIT) Professor José Gómez-Marquez in a speech during the launching of an Inter-American Development Bank’s initiative to promote innovative solutions for people with disabilities in the region.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
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

Thursday, February 26, 2009 - 03:00
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.

Inter-American Development Bank named Best Multilateral by LatinFinance

Friday, November 7, 2008 - 03:00
LatinFinance, the leading source of financial market intelligence for the Latin American and the Caribbean, named the Inter-American Development Bank (IDB) as the best multilateral institution this year. LatinFinance praised the bank’s efforts to finance the largest ongoing infra-structure projects in the region, highlighting the bank’s innovative lending instruments.