Civic culture is key to reduce violence, study finds

May 30, 2012
IDB-sponsored study explores how changes in civic culture are needed to achieve long-term success in mitigating violence Any successful strategy to prevent violence should include measures to recognize and change behaviors prompted by beliefs, emotions and cultural factors, according to a new study sponsored by the Inter-American Development Bank (IDB).

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.

Central America's integration is in full swing

July 21, 2010
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.

Latin America and the Caribbean see slower growth in next four years

March 19, 2009
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.

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.

The growing role of Latin American currencies

June 23, 2008
When the sovereign debts of both Brazil and Peru were upgraded to investment levels by international rating agencies in the first quarter of 2008, the two nations joined an exclusive club of financial winners whose other two Latin American members were Mexico and Chile. Mexico’s debt became investment grade in 2000, while Chile’s achieved that status in 1992.

Women on the challenges of being a scientist in Latin America and the Caribbean

January 16, 2007
Regardless of whether you’re a woman or a man, it’s not easy being a scientist in Latin America or the Caribbean (LAC).  Like anywhere else in the world, from the time one starts university it takes ten years of research and hard work just to earn a PhD in LAC, followed by several years working in postdoctoral fellowship positions.

Pooling resources through Hometown Associations

May 31, 2006
Some say that the origins of Chicago’s Mexican community can be traced down to the city block, with Michoacanos living on one and Zacatecanos on another nearby. Whether this is an accurate depiction of Mexican migrant settlement patterns or not, the idea of maintaining a strong connection with one’s roots is an important part of the lives of many migrants, and is also the driving force behind the formation of transnational migrant organizations, or Hometown Associations (HTAs).

Latin America moves ahead despite external threats

October 31, 2005
Many fear the possibility of interest rate hikes and a global recession if the “Chinese addiction” to buying dollars comes to an end, expressed the IDB Chief Economist, Guillermo Calvo. But the seven largest economies in Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela, also known as the LAC-7) are currently growing fast. Stock prices went up 174% in the past two years, bank credit and foreign investment are increasing, and commodity prices have also enjoyed a boost.

Cash transfers: hand-outs or a hand up?

September 27, 2005
There's an old Chinese proverb that says, “Give a man a fish and you feed him for today. Teach a man to fish and you feed him for a lifetime.” While that may be smart advice, doing both things together can be even more effective when it comes to reducing poverty.