Mesoamerica renews push towards integration

October 25, 2010
The presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Mexico, Colombia and the Dominican Republic will meet tomorrow, Oct. 26, in Cartagena, Colombia at the XII Summit of the Tuxtla Mechanism for Dialogue and Coordination. The heads of state will be informed of the progress made by the Mesoamerica Project in terms of regional integration and will decide further courses of action.

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.

Acting smart when income grows

March 27, 2008
The expansive economic cycle in Latin America rests largely on the rise of key commodity prices, but experience suggests caution in thriving years.

The Big Bad Wolf?

December 20, 2007
By Diego Fonseca   While Central America is nervous about CAFTA, the Free Trade Area of the Americas (FTAA) has rattled countries with large economies, such as Brazil and Argentina. And although the most recent negotiations, in late 2003 and early 2004, didn’t produce agreement on major issues such as agricultural subsidies, government procurement and intellectual property rights, January 1, 2005, continues to be the apparent date for the birth of the FTAA, which may, like beer, come in a robust version or a “lite” version.

Donors pledge support to assist Latin American countries in CAFTA-DR trade agreement to improve compliance of labor standards

July 20, 2005
Donors pledged their support to assist six Latin American countries participating in the CAFTA-DR free trade agreement with the United States in improving the compliance and enforcement of international and national labor standards and legislation. Delegations from Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua met with donors at the headquarters of the Inter-American Development Bank in Washington, DC to discuss their strategic priorities and specific goals they want to accomplish regarding labor law compliance and institutional strengthening.

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.

A passport for integration

June 09, 2004
Stable, sensible, and consistent economic policy is the key to achieving trade integration, according to a new study by Argentina’s Secretary of Trade and International Economic Relations, Martin Redrado.

The multinational effect

January 21, 2004
Many people make the quick assumption that multinational firms’ investment is linked with negative economic effects in the host country, or reject the hypothesis that foreign direct investment accelerates productivity growth in domestic firms.

Taxes and Trade

October 16, 2003
One surefire way to increase the competitiveness of a country’s exports in global markets is to make its tax system amenable to businesses—and especially to manufacturers of products and providers of services in which the country has a competitive advantage. Unfortunately, designing the ‘perfect’ tax structure isn’t easy, even on the national level. Policymakers must devise a system that raises enough tax revenues to finance public expenditures without sacrificing the nation’s competitiveness.

Call for papers

January 24, 2003
The First Annual Conference of the Euro-Latin Study Network on Integration and Trade will take place in Barcelona on November 6-7, 2003. The event will be hosted by the Center for Research in International Economics (CREI), under the sponsorship and co-organization of the Inter-American Development Bank (IDB). The Conference will consist of three sessions: