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.

Microfinance Ranking Championship League 2008

October 08, 2008
By Matthew Gerhrke, Renso Martinez and Maria Cecilia Rondon, Microfinance Information Exchange, INC. (MIX)Microfinance in Latin America and the Caribbean skyrocketed in 2007, fueled by booming demand for financial services from microentrepreneurs in the region’s fastgrowing economies along with new funding in both debt and deposit. The region and its microfinance institutions (MFIs) remained in the forefront of attractive investment opportunities.

Innovations in Tourism

October 08, 2008
POR DIEGO FONSECA

IDB celebrates 100th anniversary, restoration of Buenos Aires' historic Teatro Colón

May 20, 2008
In celebration of the centennial and restoration of Buenos Aires' Teatro Colón (Colón Theater), one of the world’s greatest opera houses, the IDB is hosting a lecture by its director, Dr. Horacio Sanguinetti, on Wednesday, May 21st, as well as an art and photography exhibit, opening the same day. The restoration of Teatro Colón is a $25 million project, partially financed by the IDB through a $400 million loan approved in 1998, to support the fiscal reform of the city of Buenos Aires.

A smoother road

March 01, 2006
By Paul Constance

How to defuse an explosive reform

March 01, 2006
By Paul Constance   Is it possible to replace an 8,000-person bureaucracy with an autonomous agency run by 47 civil servants? Is it ethical to do so?   In El Salvador’s case, the answer to both questions is yes. In 1999, when El Salvador’s government announced plans to create FOVIAL (see link to main article at right, “A smoother road”), it also disclosed that the Ministry of Public Works department in charge of road maintenance would be shut down.

Without accessibility many opportunities get lost

October 21, 2005
More than 10% of the Latin American population suffers some type of disability. This situation requires the creation of public and private spaces and facilities that are accessible to all. A group of IDB experts in public transportation, urban development and social development recently devised operational guidelines on accessibility in urban development projects with universal design principles. They focus on creating access to public environments for all persons, independent of their physical and sensory characteristics.

Archaeological excavations in Copán confirm Maya legends

November 08, 2004
Among the Maya ruins of Copán in western Honduras is a carved stone alter depicting the 16 rulers of the Maya kingdom of Copán. Mythical founder Yax Kuk Mo is shown passing a scepter-like symbol of power to the last ruler, Yax Pasah, who commissioned the altar in the 6 th century, some 200 years after the dynasty founder was said to have arrived in Copán from another city in Mesoamerica.

Valparaíso and Buenos Aires: Cities to Preserve

February 07, 2003
Two Latin American cities, Valparaíso and Buenos Aires, came together at the lecture "The Conservation of 19th and 20th Century Monuments and Heritage" at IDB Headquarters in Washington, D.C. Ron van Oers, a Dutch urban planner with UNESCO's World Heritage Center, underscored the importance of the initiative undertaken by the Center to evaluate and preserve the cultural heritage of the 19th and 20th centuries. UNESCO has given hundreds of cultural and natural assets world heritage status, yet few represent recent centuries.