Young people with big ideas that transform society

March 14, 2013
Participate and follow us on Twitter using @bidjuventud How does one solve old problems? With new ideas PANAMA CITY – We must listen to the voices of young people, with their fresh ideas and their plans for the future. And especially in Latin America and the Caribbean, the region with the world’s youngest population, where the average age is only 27.

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.

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.

Venture capital for low-income markets

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.

A hand up for small and medium-sized businesses in Central America, Panama and the Dominican Republic

January 26, 2007
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, will launch FINPYME (Financiación Innovadora de PYME), an innovative program for financing small and medium-size companies, in five Central American countries, Panama, and the Dominican Republic starting February 1. The initiative seeks to improve access to financing for smaller companies

Video art mirrors Latin American socioeconomic issues

December 04, 2006
The IDB Cultural Center opens its Third Inter-American Biennial of Video Art Exhibit on December 4 to broaden the discussion of economic and social issues in Latin America and the Caribbean through the creative channel of video art and documentaries.  This new video art exhibit, which runs through January 19, displays a great deal of diversity and offers different visions of current issues in the region, ranging from  faulty social policies and chaotic cities to ecological disasters.

Latinos from the Far East

March 01, 2006
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.

A home-grown solution for Latin America’s water crisis

March 01, 2006
By Luis Alberto Moreno*As delegates gathered at the IV World Water Forum in Mexico City earlier this month, many were asking whether the private sector still has a role to play in solving the critical sanitation problems of the developing world.

Where Asian culture meets Latin & Caribbean culture

September 28, 2005
Inter-American Development Bank President Enrique V. Iglesias and Integration and Regional Program Department Manager Nohra Rey de Marulanda inaugurated the Contemporary Japanese Garden “Contemporary Karesansui,” located on the Terrace of the new IDB conference center, on September 28. The conference center was opened earlier this year in order to accommodate IDB business meetings more efficiently while undertaking activities in association with the greater metropolitan DC community.