October 15, 2012
Even with more education than men, women are still concentrated in lower-paid occupations such as teaching, health care or the service sector. When comparing men and women of the same age and educational level, men earn 17 percent more than women in Latin America.
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.
February 26, 2009
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture. This is the concept of IGNIA Fund, which will channel venture capital resources to fund commercially viable growth companies serving the “base of the pyramid,” those persons in Latin America and the Caribbean earning less than $3,260 a year. The IGNIA Fund selects projects with the potential to be expanded on a larger scale, thereby increasing the social and economic impact.
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.
June 01, 2007
Small business owner Miguel Maccagno sits in his factory office in the low-income neighborhood of Matanza outside Buenos Aires, examining identical-looking plastic bottles for the juice drinks his plant produces and pondering their impact on its competitiveness. By shaving 14 grams off the bottles' weight, he can lower costs enough for his firm, Agroindustrias Río Tercero, to compete with the large U.S., Brazilian and Chilean firms that have cornered the low end of the local market.
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.
November 20, 2006
Latin American and Caribbean women could probably get a 30% higher payout if their retirement age were changed to equal men’s retirement age, noted specialist Truman Packard of the World Bank during a recent presentation at IDB headquarters. His new analysis sheds a bit more light on the differences between men’s and women’s participation in Latin American pension systems.
December 16, 2005
When visiting any Latin American city, it is hard to ignore the people selling t-shirts, toys, food and anything else imaginable in sidewalk markets, on street corners and the sides of highways. This type of livelihood in the informal sector has become a reality for millions of people in the region, a reflection of the lack of quality jobs and high levels of unemployment plaguing the region. What then are the prospects for disadvantaged young people attempting to enter the job market?
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.
April 14, 2005
For small companies to compete against bigger ones, they must invest in human capital, says Félix Mitnik, coordinator of a project for supply chain development in Cordoba, Argentina, financed by the IDB's Multilateral Investment Fund (MIF). But the project, designed to increase the levels of productivity and competitiveness in small companies, revealed that they themselves invest little in training. Are they acting against their own interests then?