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).

Innovation is the key to sustainable development in Latin America and the Caribbean

November 08, 2010
The countries of Latin America and the Caribbean are making comparatively low investments in research and development, and the region’s private sector is also comparatively under-represented in R&D spending, according to a new study by the Inter-American Development Bank. Through a comparative analysis of R&D investments in developed countries, the study, entitled “The need to innovate,” concludes that companies in Latin America and the Caribbean have favored technology procurement strategies instead of promote endogenous generation of technology and new ideas.

Income inequality increases the probability of being emotionally depressed, IDB study says

September 22, 2010
Income inequality can increase the probability of being emotionally depressed, particularly among people living in urban areas, according to a new study by the Inter-American Development Bank (IDB).

High taxes and evasion eroding economic growth in Latin America and the Caribbean

March 04, 2010
Complex tax systems and widespread evasion are distorting investment decisions by companies in Latin America and the Caribbean, reducing the efficiency of markets and preventing governments from investing in infrastructure, education and other key public goods. This hinders the productive possibilities of the region’s economies, according to a newly released study 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.

Inter-American Development Bank named Best Multilateral by LatinFinance

November 07, 2008
LatinFinance, the leading source of financial market intelligence for the Latin American and the Caribbean, named the Inter-American Development Bank (IDB) as the best multilateral institution this year. LatinFinance praised the bank’s efforts to finance the largest ongoing infra-structure projects in the region, highlighting the bank’s innovative lending instruments.

Countries need to spend more to prevent food crisis from deepening poverty

August 12, 2008
Latin American and Caribbean countries should strengthen social programs to alleviate the impact of higher food prices among 71 million poor people in the region, newly-released numbers on the potential impact of food prices by Inter-American Development Bank show. More than 26 million people in Latin America and the Caribbean could fall into extreme poverty if food prices remain high, according to the IDB.

IDB expands local-currency financing

April 14, 2008
The financial crisis of the 1980s and 1990s in Latin America has resulted in an increasing sophistication on the part of governments in the management of their monetary assets in the 21st century.