Civic culture is key to reduce violence, study finds

May 30, 2012
IDB-sponsored study explores how changes in civic culture are needed to achieve long-term success in mitigating violence Any successful strategy to prevent violence should include measures to recognize and change behaviors prompted by beliefs, emotions and cultural factors, according to a new study sponsored by the Inter-American Development Bank (IDB).

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.

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.

Making a difference one violin at a time

May 15, 2006
While walking down Sabana Grande, Caracas’s raucous pedestrian boulevard, it is impossible not to be bombarded with the competing beats of reggeton and salsa blasting from the many CD pirateers’ booths along the way. This cacophony characteristic of Caracas’s bustling urban environment lies in stark contrast to the sounds encountered at the city’s Montalbán music school, the heart of the celebrated State Foundation for the National System of Youth and Children’s Orchestras of Venezuela (FESNOJIV).

Making a difference one violin at a time

May 01, 2006
By Norah Sullivan While walking down Sabana Grande, Caracas’s raucous pedestrian boulevard, it is impossible not to be bombarded with the competing beats of reggeton and salsa blasting from CD vendors’ booths along the way. This cacophony characteristic of the bustling urban environment of Venezuela’s capital lies in stark contrast to the sounds encountered at the city’s Montalbán music school, the heart of the celebrated State Foundation for the National System of Youth and Children’s Orchestras of Venezuela (FESNOJIV).

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.

Latin America moves ahead despite external threats

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.