The Inter-American Development Bank is in the process of forming a new four-year strategy to adjust to new dynamics in Latin America and the Caribbean as it rises to a middle-income region.
Officials within IDB are quick to clarify that it is a bank, not a donor, departing from providing basic aid toward more technologically advanced, targeted and complex projects based on changing priorities of clients.
And the bank’s head strategist said the new strategy — to be approved at the annual board meeting on March 26 in Busan before it rolls out in January 2016 — aims to reflect these new top priorities.
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About the author
Claire Luke
Claire is a journalist passionate about all things development, with a particular interest in labor, having worked previously for the Indonesia-based International Labor Organization. She has experience reporting in Cambodia, Nicaragua and Burma, and is happy to be immersed in the action of D.C. Claire is a master's candidate in development economics at the George Washington Elliott School of International Affairs and received her bachelor's degree in political philosophy from the College of the Holy Cross.
