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Financial Institutions

Trade :

The Undervalued Driver of Regional Integration in Latin America
Volume, number, page: 
n.5 , pp.1-10.
Many regional organisations in Latin America are currently in crisis. Trade agreements, however, have made progress in the region. Today, 80 per cent of intra-regional trade is already under preferences. In March 2017 several international financial organisations – the World Bank, the International Monetary Fund (IMF), and the Inter-American Development Bank (IDB) – each independently proposed the creation of a Latin American and Caribbean free trade area

The EIB outside the EU

Delivering on EU policies Reporting on results
Volume, number, page: 
[80 p.]
This annual report presents the results of EIB activities, delivering on EU policies outside Europe. The 2016 report on “The EIB outside the EU” presents the EIB's activity in the past year, delivering EU policies beyond Europe's borders: in Pre-accession countries, African Caribbean and Pacific countries, Eastern neighbours, Mediterranean partner countries, Asia and Latin America. It describes how the Bank is working to deliver results on issues such as the SDGs, climate and migration, and the financial and technical contribution we are able to provide. This year's report is the fifth since the introduction of the Results Measurement (ReM) framework which is used for keeping track and reporting of EIB projects results outside the EU.

The Euro Experience: A Review of the Euro Crisis, Policy Issues, Issues Going Forward and Policy Implications for Latin America

Washington DC
Volume, number, page: 
This policy brief reviews the experience of the countries under the Euro currency,
focusing on those that have been under significant pressure in recent years—
Greece, Ireland, Portugal and Spain, referred to as “emerging” economies. At
first they experienced stable growth and converged to the most advanced
countries, but subsequent adjustment has proven elusive due to macroeconomic
conditions, worsening structural deficiencies, and incomplete integration. The
conditions for the survival of the Euro zone are complex and still far from
fulfillment. While Latin America has recently experienced a similar period of
stable growth, there is no room for complacency. The main lesson from Europe’s
experience is that Latin America must take advantage of the current context of
growth, stability and optimism in order to carry out much-needed reforms that
will leave countries adequately prepared to face a downturn in the world
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