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

Link to document included: https://publications.iadb.org/bitstream/handle/11319/8173/Inter-American-Development-Bank-Sustainability-Report-2016.PDF?sequence=1

Link to press release included: http://www.iadb.org/en/news/news-releases/2017-04-01/idb-publishes-2016-sustainability-report,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: https://publications.iadb.org/bitstream/handle/11319/8203/2017-Latin-American-and-Caribbean-Macroeconomic-Report-Routes-to-Growth-in-a-New-Trade-World.pdf?sequence=9

Link to Press Release included: http://www.iadb.org/en/news/news-releases/2017-04-02/idb-report-urges-trade-integration,11763.html

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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