IDB publishes two new reports; advises that Latin America and the Caribbean move towards a more integrated regional trade area

The IDB has published two documents:

  1. Sustainability Report for 2016 which highlights the strategic priorities of the IDB and the progress which has been achieved

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Link to press release included:,11757.html


2.       IDB 2017 Macroeconomic Report: Routes to Growth in a New Trade World. This report explores the fiscal position and trends in LAC as well as the case for regional integration. The report encourages LAC to pursue a simple route to integration, claiming that previous attempts were too complex and ambitious.

The IDB estimates that a Free Trade Area in LAC would create a $5T single market amounting to 7% of the world’s GDP. The IDB claims that Mexico and Brazil have the “Gravitational Pull” to kick start this initiative.

Link to report included:

Link to Press Release included:,11763.html

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