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.

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.

The $10 Billion Question: Which Investments Work Best?

March 31, 2008
*This article is presented as a website feature. It is part of the January-April 2008 issue of IDEA, an IDB newsletter on economic and social policy published three times a year.

Empowering poor people to create wealth

June 23, 2006
When asked by IDB President Moreno what advice he would give to a newly elected Latin American President, Bill Clinton said that the most important thing would be to carry out microeconomic reforms to help people become entrepreneurs and move into the middle class, without getting bogged down in yesterday’s debate over fiscal responsibility versus unbridled social spending, neither of which have managed to lessen the world’s largest income gap.

“Greening” at IDB headquarters and country offices

April 28, 2006
You can learn a lot from the back of a Starbuck’s napkin. Above the friendly recycling arrows, it relays that the product is made from 100 percent recycled fibers, at least 40 percent post-consumer material and that no bleach was used in its production, a mini advertisement for the company’s environmental savviness. This informal way to disclose corporate sustainable practices to coffee drinkers worldwide is reflective of the trail blazed by private companies over the past decade in issuing reports on corporate social responsibility.

Avian flu and Latin America

January 30, 2006
Will the avian flu infect Latin America? The avian influenza virus is on the move and getting stronger. Since 2003, it has been infecting more than just birds; humans, too, have been affected. World Health Organization (WHO) figures show that a total of 152 people have contracted the disease, resulting in 83 deaths, representing 54% of the infected population.

Hidden in plain sight: Undocumented citizens in Latin America

January 27, 2006
Identity is an increasingly hot topic in today's world. Whether it's hunting for terrorists, searching for lost children, identifying casualties from the tsunami and Hurricane Katrina, or naming bodies in mass graves, identity is the point of departure. Even the more mundane activities of life—driving a car, getting on an airplane, going to school—are predicated on proof of identity. In this light, the factthat millions of Latin Americans have no official identity is shocking indeed.

Measuring the opposite of corruption

January 26, 2006
In many countries in Latin America and the Caribbean, corruption is reluctantly accepted as part of the political workings of government, as an inevitable occurrence among those in power. However while everyone is well aware of its pervasiveness, the extent of corruption remains difficult to measure accurately, for it is hard to gauge what cannot be seen.