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social science subjects > economics > economic concepts > organizations (economics) > Inter-American Development Bank
... > contexts > population characteristics > socioeconomic factors > poverty > poverty relief initiatives > Inter-American Development Bank

Preferred term

Inter-American Development Bank  

Definition

  • A regional development institution for the Americas was first proposed in 1890 at the First Inter-American Conference held in Washington, D.C. Not until 1959 did it come into being, as a complement to the World Bank's Latin American activities. The Inter-American Development Bank (IDB) was the first regional development bank and originally included the United States and 19 Latin American nations. [Source: Encyclopedia of Business in Today's World; Inter-American Development Bank]

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https://concepts.sagepub.com/social-science/concept/Inter-American_Development_Bank

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