Support pledged for Central America

Monday, December 1, 1997 - 03:00
A package of measures designed to spur Central America's economic integration and help the region compete on the international marketplace attracted over $12 million in assistance pledges from a group of donors meeting in October in Brussels, Belgium.Participants at the Regional Consultative Group for Central America also agreed on a long-term strategy to reform the regional institutions that promote trade and subregional integration as a major step toward creating a unified economic area.

New uses for ancient traditions

Monday, December 1, 1997 - 03:00
Anthropologist Juan Paiva Villafuente came to the Andean village of Corca to devise a system for maintaining a newly rehabilitated local road. He left with a new appreciation for the power of ancient traditions and the ability of local people to take charge of their future. Corca is typical of communities throughout the Peruvian Andes, where an estimated 1.6 million extremely poor people have been largely bypassed by Peru's otherwise remarkable economic recovery.

Traffic nightmares

Monday, December 1, 1997 - 03:00
Without radical improvements in transportation planning, many Latin American cities are headed for collapse." This stark assessment was offered by Henry Malbrán, technical advisor to Chile's Secretariat of Transport and Telecommunications, at a recent gathering of transportation planners at BID headquarters in Washington, D.C.Although Latin American companies and individuals have learned to live with bottlenecks and delays, the economic recovery of the last few years has shown that transportation woes are reaching the crisis point in many of the region's cities.

Rain forest management

Monday, December 1, 1997 - 03:00
Nearly every day brings news of still more inroads into the cultures and territories of native peoples, so it is refreshing to hear of one case where an indigenous community has held its own.Only "discovered" in 1982, the Awá people live in 18 communities scattered throughout a vast area of virtually undisturbed tropical forest straddling the border between Ecuador and Colombia. Although outsiders have made numerous attempts to exploit their territory, the 3,000 Awá have resisted, thanks to a partnership between local and international groups and the support of the Ecuadorian government.

Project Updates: Drinking water in Honduras

Monday, December 1, 1997 - 03:00
HONDURAS From pushcarts to faucets The long-familiar sight of the water vendor, pushing his cart through the steep, dusty streets of Tegucigalpa, Honduras, is about to disappear. One by one, works to construct potable water systems are being inaugurated throughout the city's poorer neighborhoods as part of an IDB-financed project to improve the supply of water for the country's capital.

New Projects: Relief from "El Niño"

Monday, December 1, 1997 - 03:00
Assistance for weather victims Someone is doing something about the weather, or at least to mitigate its effects. The IDB approved separate loans to Ecuador and Peru in November to help those countries cope with the flooding and droughts caused by the El Niño weather phenomenon.

Latest Loans: Environmental management in Argentina

Monday, December 1, 1997 - 03:00
The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF). ARGENTINA A $250 million IDB loan to help curb industrial pollution, improve environmental management, and control flooding in the Matanza-Riachuelo Basin. A $82.5 million IDB loan to improve post-secondary technical education and increase the availability, relevance, and quality of skilled manpower in the labor market. BAHAMAS


Monday, December 1, 1997 - 03:00
The IDB issued a 150 billion Italian Lira bond (around $85 million) under its Euro Medium- Term Program. J.P. Morgan, Citibank and Caboto were the lead managers of the issue, which was priced at 100.908 percent.  

Three moments in Jamaican art

Monday, December 1, 1997 - 03:00
In art as well as geography, Jamaica is a world removed. For most of its history, the country's painting and sculpture developed quite independently from what was happening in the rest of the Caribbean and the world. Today, Jamaican artists, particularly the more progressive, remain largely unknown abroad.Similarly, showings of Jamaican art, mainly in the United States and England, typically have presented the works with scant reference to artistic movements elsewhere.

We've made some changes

Saturday, November 1, 1997 - 03:00
The winds of renewal blowing across Latin America have also rustled the pages of the IDB's monthly magazine. We have a new name, a new design, and a rejuvenated mission.First the name. Our old moniker, THE IDB, implied that this is a publication about an institution, whereas it is really about Latin America and the Caribbean and the complex currents that are reshaping its societies. Second, the design. We think it's cleaner, more active, and more clearly focused. Busy readers should find it easier to home in on what interests them most. And finally, the mission.