Innovation is the key to sustainable development in Latin America and the Caribbean

November 08, 2010
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Ministers call for more financial and institutional support for culture industries in Latin America and the Caribbean

October 19, 2010
Cultural industries are one of the fastest-growing sectors of the global economy, expanding at a projected rate of 8-10 percent over the coming decade. What does that mean for Latin America and the Caribbean?   The region has rich cultural heritage and dynamic cultural industries which continue to grow. But are countries doing enough to exploit the social and economic potential of the creative sector for development?

Brazilian soap operas shown to impact social behaviors

January 29, 2009
Long known for showcasing stunning beaches, charismatic characters and realistic depictions of the lives and aspirations of the middle class, Brazilian soap operas have helped shape women’s views on divorce and childbearing in critical ways, two recent studies by the Inter-American Development Bank (IDB) show.

Inter-American Development Bank named Best Multilateral by LatinFinance

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.

Mobile telephone service means health care for all

October 31, 2008
The Inter-American Development Bank cosponsored the Third Latin American Conference on Medical Informatics held at the Faculty of Biomedical Sciences of the Universidad Austral in Pilar, Buenos Aires, Argentina on October 30-31, with the participation of Rafael Anta, IDB’s senior information nd communication technology specialist.

IDB art exhibition honors Miami

February 19, 2008
Miami's characteristic intensity and diversity are on display in "Extended Boundary: Latin American and Caribbean Artists in Miami," the new art exhibit presented by the IDB's Cultural Center. The exhibit pays homage to the host city of the IDB's 2008 Annual Meeting of the Board of Governors, to be held in April of this year.

Latin American embassies and official residences showcase their artworks at the IDB Cultural Center

November 19, 2007
Outstanding examples of Latin American art in the possession of embassies, official residences and other government delegations and representatives in Washington DC, are displayed at a new art exhibit organized by the IDB Cultural Center. The exhibit, titled Artful Diplomacy:  Art as Latin America's Ambassador in Washington, D.C., features a selection of  59 works of art by major latin American artists, such as Raquel Forner, Roberto Matta, Cándido Portinari, Fernando Botero, Armando Reverón, Héctor Poleo, and Marina Núñez del Prado.

The business of culture in the Americas

October 09, 2007
Cultural industries worldwide are estimated to account for 7% of the world’s gross domestic product (GDP), according to the United Nations Conference on Trade and Development (UNCTAD). A new IDB study on cultural industries – those whose primary economic value is derived from their cultural value, and that have the potential for wealth and job creation through the generation and exploitation of intellectual property — shows that culture contributes to economic and employment growth in Latin America and the Caribbean, as well.

The Arts of the Caribbean

August 24, 2007
A selection of 39 artworks by recognized Caribbean artists will be on display in a new art exhibit at the IDB. This vibrant exhibit coming from a collection of two thousand works, of the Organization of American States (OAS) Art Museum of the Americas, features paintings, sculptures, drawings, engravings and photographs by masters such as Amelia Peláez, Juan José Sicre and Mario Carreño. The selection centers on countries that represent the Spanish, English, French and Dutch speaking Caribbean, offering a broad perspective of the region.

Latin American art travels to Arkansas

July 06, 2007
Arkansas, home to thousands of Latin American immigrants in the United States, will also be home to a special IDB Art Collection at the Arkansas Arts Center in the state capital, Little Rock, from July 6 to August 19, 2007. This exhibition showcases work from the 26 Latin American IDB member countries, with 62 artists represented, ranging from Cuban Wilfredo Lam to Chilean Roberto Sebastian Matta.