Subject (Course): The Inter-American Development Bank (IADB). Syllabus:
- Introduction to the Inter-American Development Bank (IADB).
- The operational chart of the Inter-American Development Bank.
- Member countries.
- Integration of the regional infrastructure in South America (IIRSA).
- Case Study: Integration and development hubs in Latin America.
- Inter-American Investment Corporation.
- Multilateral Investment Fund.
- Project Cycle of the Inter-American Development Bank: preparation, approval, implementation, completion, and evaluation.
The objectives of the subject “Inter-American Development Bank (IDB)” are:
- To understand the goals, structure, and functions of the Inter-American Development Bank
- To know the Initiative for Integration of Regional Infrastructure in South America, the Multilateral Investment Fund, and the Inter-American Investment Corporation
- To explore the funds and financial instruments of the Inter-American Development Bank
- To understand the projects and operations of the Inter-American Development Bank.
Sample of the subject - Inter-American Development Bank:
Subject Description (Inter-American Development Bank).
The Inter-American Development Bank (IADB) was created in 1959 as a partnership between nineteen Latin American countries and the United States.
- The Inter-American Development Bank is owned by forty-eight member economies, of which
twenty-six are borrowing members in Latin America and the Caribbean.
- Each economy of the Inter-American Development Bank has his voting power, based on its subscription to the institution's ordinary capital resources.
- The Inter-American Development Bank is the largest source of multilateral financing for economic, social, and institutional development in Latin America and the Caribbean.
- The Inter-American Development Bank Group is composed of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation and the Multilateral Investment Fund.
The Inter-American Investment Corporation is a multilateral investment institution that is part of the Inter-American Development Bank Group. Its mandate is to promote the economic development of its Latin American and Caribbean member countries by financing private enterprise, preferably small and medium in scale.
Multilateral Investment Fund.
The Latin American microcredit portfolio grew by 35% a year, with the number of customers increasing by 25% annually.
Borrowing member countries
- Inter-American Development Bank has twenty-six borrowing member countries, all of them in Latin America and the Caribbean.
- Together; they have a 50.02% of the voting power on the Inter-American Development Bank
Groups I and II
In 1999, the Inter-American Development Bank started using a
nation grouping for goals of monitoring
the distribution of its lending. This criterion divides countries into Groups I
and II, based on their gross national product per capita in 1997.
- On the basis of their lower per capita revenue, the Inter-American Development Bank channels 35% of its lending volume to the Group II countries: Belize, Bolivia, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Paraguay, Peru, and Suriname.
- 65% of the lending volume is thus channelled to the Group I countries: Argentina, the Bahamas, Barbados, Brazil, Chile, Mexico, Trinidad and Tobago, Uruguay, and Venezuela.
Furthermore, to these two groups, the Inter-American Development Bank has the mandate to devote at least 50% of its operations and 40% of its resources to programs that promote social equity and reduce poverty.
The Inter-American Development Bank non-borrowing members include the United States, Canada, Japan, Israel, the Republic of Korea, China, and sixteen European countries: Austria, Belgium, Croatia, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Portugal, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom.
The Integration of Regional Infrastructure in South America is an institutional mechanism for the coordination of intergovernmental actions performed by the twelve South American countries. Its main goal is to create a common agenda related to actions and projects of infrastructure integration regarding transport, energy, and communications.
Integration and development hubs are multinational territories involving natural
spaces, human settlements, production areas, and actual international trade flow.
Infrastructure investments will create new opportunities for sustainable development for the population of these territories.
Integration and development hubs in Latin America: Andean, Southern Andean, Capricorn, Paraguay-Parana Waterway, Amazon, Guianese Shield, Southern, Central Inter-oceanic, the MERCOSUR-Chile, and Peru-Brazil-Bolivia.
Inter-American Development Bank Project Cycle.
Each project the Inter-American Development Bank finances passes through a
series of stages; principally preparation, approval, implementation, and termination and evaluation, known as the Project Cycle.