Ready for Take-off in Costa Rica

August 06, 2013
The sevenfold increase in tourism in Costa Rica over the past 25 years has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming the Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Ready for Take-off in Costa Rica

April 16, 2013
The sixfold increase in tourism in Costa Rica over the past three decades has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Costa Rica’s Huétar Norte Region to boost competitiveness of micro and small firms with MIF support

October 05, 2011
$1 million investment will foster innovation and create first carbon footprint management model for firms in the nation With a vast agricultural, scenic and environmental richness, the Huétar Norte Region is little known outside of Costa Rica, and even internally its productive and touristic potential is not fully explored. More than half the milk produced in the country comes from that area, which covers 20 percent of the national landscape and it is home to only 7 percent of Costa Rica’s population.

Women entrepreneurs: too often trapped in the microenterprise ghetto

October 05, 2011
Innovative approaches can boost women’s economic presence among small business owners in Latin America and the Caribbean Over the past three decades, women in Latin America and the Caribbean have dramatically increased their role in the workforce. Currently, about half of women in the region are economically active, more than double the level in the 1970s. They have been elected presidents of several Latin American countries and often dominate the microenterprise and microfinance sector, providing an important contribution to regional economies.

IDB backs large infrastructure and natural resource projects in Latin America and the Caribbean

March 25, 2011
$5.4 billion in financing mobilized in the past four years for the region The Inter-American Development Bank (IDB) has provided $2.6 billion in loans to finance key private sector infrastructure and natural resource projects in Latin America and the Caribbean over the past four years and it has mobilized another $2.8 billion in financing for the region through its syndication program.

Improving the business climate in the Caribbean

March 25, 2011
Several IDB programs are helping the region diversify its economy and attract new investments The Inter-American Development Bank (IDB) is financing several programs to improve the business environment, foster diversification and enhance competitiveness in the Caribbean.

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.

Helping companies in Latin America and the Caribbean grow their business

March 09, 2011
Diagnostic tool offers business consultancy, solutions for small and medium-sized companies Three years ago Productos Ujarrás—a well-known family owned Costa Rican company that produces and exports tropical fruit paste, jelly, and jam—was facing several production delays and production bottlenecks.

Happiness and violence in Argentina: crime victims tend to favor more lenient measures

February 15, 2010
Are you happy? Did you smile yesterday? Increasingly economists are putting emotional questions like these at the heart of their studies in an attempt to uncover the links between happiness, human behavior, beliefs and policies.  Though crime has received relatively little attention in happiness research, a new study by the Inter-American Development Bank provides surprising insights: Victims of crime are no less happy than others.

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.