What is the inter -American development bank?

Mezi -American development bank, sometimes simply referred to as IDB, or occasionally as IADB, is a group designed to strengthen the development in Latin America and the Caribbean. It is mainly borrowed to governments or government organizations, although there are some exceptions. The inter -American development bank has existed since 1959 and is one of the strongest driving forces of the economic financing of the region.

Funds are obtained by inter -American development bank through bond issuing for standard interest rates. These bonds are largely guaranteed by Member Nations, which include some of the richest countries on Earth. Due to this strong warranty, the inter-American development bank maintains a stable credit rating Triple-A, allowing the bank to offer interest rates to the nations in Latin America and the Caribbean, which are competitive with the best interest rates offering private rates to the private sector.

.e powerful nations that guarantee funds inter -American development baNky, take responsibility for bonds, if there is a failure, in fact does not build capital that would give the country. This means that membership in the inter -American development bank has a minimum impact on the country itself because their budgets are not affected. And even if their budgets would be affected, if there were extensive starting settings, it is unlikely that this will happen, even in relatively desperate circumstances.

There are 48 countries that own the inter -American development bank, and from these 48 countries are 22, which are not borrowing members who are members to influence policy and guarantee bonds. These 22 non -lending members are Spain, Switzerland, the United States, the United Kingdom, Norway, Italy, Israel, Japan, the Republic of Korea, the Netherlands, China, Belgium, Croatia, Austria, Canada, Slovenia, Sweden, France, Finland, Germany, Portugal and Denmark. Remaining26 nations are members who can borrow funds from the bank to support government projects, and they are Brazil, Mexico, Argentina, Chila, Columbia, Venezuela, Ecuador, Salvador, Guatemala, Honduras, Triragua, Peruay, Costray, Chlame, Guy, Guy, Guy Coundame, Chlame, Costray, Triragua, Peru, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama, Panama. and Tobago, Bahamas, Barbados, Haiti, Dominican Republic and Jamaica.

The bank has a total normal capital of over $ 100 billion in the US (USD). In fact, just over 4% or $ 4 billion (USD) is paid. The remaining 96% is the electoral capital that Member States have committed as a capital subscription. This working capital goes to a number of different government and government organization projectsThey want to continue and in some cases they can find a way to companies in the private sector through an inter-American investment corporation or IIC, or directly through Inter-American Development Bank.

Theoretically, the Bank exists to help promote economic prosperity in Latin American and Caribbean countries that it finances, and thanks to this economic prosperity it should support social good. However, the group is criticized as its investment, which many consider to be against these goals. Many groups of watches accuse the inter -American development bank for the support of economic policies that are destructive to both the general environment and the rights of indigenous people in regions that are active.