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.

The growing role of Latin American currencies

June 23, 2008
When the sovereign debts of both Brazil and Peru were upgraded to investment levels by international rating agencies in the first quarter of 2008, the two nations joined an exclusive club of financial winners whose other two Latin American members were Mexico and Chile. Mexico’s debt became investment grade in 2000, while Chile’s achieved that status in 1992.

More growth or less inequality?

September 20, 2005
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.

The winning card

September 06, 2005
Remittances and a cross-border network of businesses, nonprofits, credit unions, microfinance institutions and other financial players are connected through a debit and stored-value card platform that has one very simple result: everybody wins. The business model, combining efficient use of technology with cheaper remittances transactions and better business for financial institutions, was presented at IDB headquarters by UCLA professor and successful entrepreneur Raúl Hinojosa.

From alternation of power to development

May 24, 2005
As Mexican President Vicente Fox's term comes to a close, Eduardo Sojo Garza Aldape, a distinguished academic and close advisor to Fox, felt compelled to contribute to the policy debate. He presented his book, published in Spanish by Fondo de Cultura Económica under the title De la alternancia al desarrollo—Políticas públicas del Gobierno de Cambio , at the IDB, in association with the Washington-based Center for Strategic and International Studies (CSIS).

Racial and ethnic disparities in health in Latin America

May 03, 2005
Are Afro-descendants and indigenous peoples in better or worse health than Latin Americans of European descent? Four new studies on race, ethnicity and health in Latin America produced some unexpected and sometimes contradictory results. In poor rural villages in Mexico, for instance, indigenous groups report being in better health than non-indigenous groups, said Ashu Handa, a professor at the University of North Carolina at Chapel Hill. He took data from the PROGRESA cash transfer program for the poor and compared it with the National Health Survey findings.

Remittances continue to set records and exceed expectations

November 17, 2003
In 2003, Mexican emigrants living in the United States have sent home $14.5 billion in remittances.  This amount, 20 percent higher than that predicted by the Mexican government, will benefit about a quarter of the Mexican population. Mexico is now number one in the world among countries receiving remittances. Actually, Mexico’s remittances have surpassed tourism revenue and foreign investment, becoming the second source of foreign currency after oil exports.