Latin American and Caribbean Women: Better Educated, Lower Paid

October 15, 2012
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.

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.

Leveling the retirement age for men and women

November 20, 2006
Latin American and Caribbean women could probably get a 30% higher payout if their retirement age were changed to equal men’s retirement age, noted specialist Truman Packard of the World Bank during a recent presentation at IDB headquarters. His new analysis sheds a bit more light on the differences between men’s and women’s participation in Latin American pension systems.

Chilean state bank succeeds in creating new source of employment

September 01, 2005
During the late 90s, all of the glow associated with its booming past in the coal industry had worn off for the small Chilean town of Lota. The town's economic situation was so bad that migration was the only possible way out for its residents. Lota once enjoyed a thriving coal industry, but it no longer exists. However, the state-owned bank BancoEstado took the problem as an opportunity. With the idea of helping the city out of recession, the bank decided to improve its banking services.

Mexico – EU Free Trade Area opens doors to foreign trade for Latin America

July 30, 2004
The Mexico-European Union Free Trade Agreement, the first such accord between Europe and a country in the Americas, is celebrating its fourth anniversary and 27% growth in bilateral trade volume. (1) However, long-term benefits are not easily measured. The reported effective growth rates - 19% for Mexican exports to the European Union, and 30% for EU exports to Mexico – is considered relatively low compared with Mexico’s 18% increase in exports worldwide.

An initiative to create jobs

April 09, 2003
Greater work mobility, higher productivity, and human resource competitiveness are some of the objectives achieved by MIF-financed labor competency certification programs.The case of Chile