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Clinton Speaks on Poverty and Politics in Latin America
A highlight of the IDB?s ?Building Opportunities for the Majority? conference in June was a conversation between Luis Alberto Moreno, the Bank?s president, and Bill Clinton, the 42nd president of the United States. Clinton participated in the conference because the IDB?s new initiative dovetails with many of the activities of the William J. Clinton Foundation. Moreno and Clinton discussed a wide range of topics, including inequality, trade, alternative energy, AIDS and the rewards of public serv...
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- Latin America
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New business in new markets
Excerpt: Despite some progress, the Millennium Development Goals remain elusive. The role of the private sector in helping to deliver these goals is increasingly being recognized, and many are urging the business community to mobilize and strengthen its contribution to poverty-reduction strategies. A partnership between the Netherlands’ development organization SNV and the WBCSD aims at helping companies in Central America and the Andean regions do more pro-poor business, especia...
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- Latin America
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Peso power brings hope to poor
Excerpt: E very weekend Hilario Amador makes the short journey to the city centre of Zacatecas where he deposits 120 pesos with Patrimonio Hoy, a self-help building scheme run by Cemex, Mexico’s largest cement company. The money is equal to about 20 per cent of his weekly wage at a local abattoir and it has allowed the 38-year-old to receive regular supplies of the materials he needs to tile the floor, repair the roof and build two extra rooms...
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- Latin America
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Banco ProCredit looks to boost loan portfolio 57% this year – Ecuador
Excerpt: Ecuadorian niche bank Banco ProCredit aims to increase its loan portfolio to US$115mn by the end of this year, up 57% on end-2005, CEO Pedro Arriola told BNamericas. The bank’s strategy focuses on strong growth in the small and microenterprises segment, a significant increase in its deposits base and development of a wide range of financial products, the executive said. The average loan extended by ProCredit is US$2,500 and its clients typically earn just US$5...
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- Latin America
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Development bank seeks new approach to Latin America’s problems
Excerpt: With leftist politicians on the rise throughout Latin America, Washington policymakers are turning their sights on the left-behind majorities fueling the populist surge. It is the latest struggle for the hearts and minds of people in a region swept first by free market reforms favored by the U.S. government and now buffeted by a shift to more home-grown policies that sometimes fly in the face of the United States. Sensing a seismic shift in South American sentimen...
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- Latin America
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The World Is Hot
Abstract: New York Times columnist Thomas Friedman writes about climate change and its impact in the developing world. Note: TimesSelect is needed to view this article....
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- Latin America
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PM to address IDB conference in Washington DC
Abstract: Jamaican Prime Minister Portia Simpson-Miller is one of many speakers at the Inter-American Bank’s conference, "Building Opportunity for the Majority."...
- Region
- Latin America
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Too soon to call a turn
Abstract: In an opinion piece, Richard Lapper explores the possibility of shifting political winds in Latin America. He also discusses the BOP and the new agenda of Inter-American Development Bank, which is being pushed ahead in full force by the Bank’s new president, Luis Alberto Moreno....
- Region
- Latin America