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.
November 07, 2008
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.
October 08, 2008
By Lene Mikkelsen When you visit Latin America and the Caribbean you will probably notice that in the poorest areas of any city there are numerous houses in various stages of construction: while some raise walls or finish a roof, others wait for the next stage to begin. This does not necessarily indicate that a construction boom is taking place in poorer areas, but rather that building or repairing a home can take considerable time when you don’t have enough savings, or access to financing, to take on the job all at once from start to finish.
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.
October 08, 2008
POR DIEGO FONSECA
July 15, 2008
Macroeconomic stability, democracy and private sector participation are all part of the development process of Latin America and the Caribbean, but a broader issue analyzed recently by governmental authorities, economists and researchers is decentralization. During the International Forum on Decentralization for Local Economic Development, held on July 9-10 at IDB headquarters, high-ranking officials from national and subnational governments, recognized academics and economists from the international agencies, explored new ideas to find solutions for the development challenges in this field.
February 13, 2008
New tendencies in consumer spending and ways of doing business in urban areas are affecting and risking the existence of small retail markets, also called central markets, which are facing the challenges of modernization. In an effort to improve the socioeconomic environment of urban centers in Latin America and the Caribbean, the IDB’s Multilateral Investment Fund commissioned a study on retail municipal markets in the context of attaining urban development objectives.
August 01, 2006
Managing a metropolitan area, defined as a city that overlaps multiple municipal governments, involves reconciling interests and resolving conflicts that are much more complicated than those faced by smaller cities. The social, political and economic challenges facing Latin America’s numerous metropolitan areas are being studied by urban specialists around the world.
June 15, 2006
Take the case of a cab driver in Mexico who applies for a home loan.“A cab driver is reluctant to tell you his income for tax reasons, and he doesn’t have receipts to show you how much he earns in a day,” says Mark D. Zaltzman, chief financial officer of Hipotecaria Su Casita, a Mexican financial institution that specializes in financing low-cost housing. “The only way you can determine the cab driver’s income is to ride with him in the cab all day, and that is what an examiner will do. Before you can extend a loan you have to have the right information.”
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.