July 24, 2012
Peintures Caraïbes plans to produce paint for the domestic market and to export to CARICOM countries CARACOL, Haiti – In a ceremony led by President Michel Martelly, Haitian paint manufacturer Peintures Caraïbes Tuesday signed a contract to become the second tenant of the Caracol Industrial Park, a project financed by the Inter-American Development Bank (IDB) and the United States government.
March 23, 2011
Report on development effectiveness summarizes IDB’s post-earthquake response The 2010 Development Effectiveness Overview—a report on how the IDB designs its projects, measures their results and assesses their alignment with countries’ needs—includes a special chapter on the Bank’s response to last year’s earthquake in Haiti.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.
September 27, 2010
The IDB member countries of the English-speaking Caribbean – The Bahamas, Barbados, Belize, Guyana, Jamaica and Trinidad and Tobago – along with Dutch-speaking Suriname, are brought together by commerce, geography, history and traditions. Their economic situation and development challenges, however, may vary widely.
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.
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.
December 01, 2005
By Milagros Belgrano Rawson
September 20, 2005
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.
April 21, 2005
A study realized by scholars at the universities of Chicago, Maryland and the Hoover Institution demonstrated that technology is helping reduce inequality in the world. Bary S. Bercker, Tomas J. Philopson, and Rodrigo R. Soares compared “the welfare value of gains in life expectancy with gains in income” to get the “effect of life expectancy on the evolution of world inequality.”
July 21, 2004
The Inter-American Development Bank joined donor countries and multilateral agencies at an international conference held in Washington, D.C. to raise financial aid for priority programs for the political, economic and social recovery in Haiti, the poorest country in the Western Hemisphere.