1. The Iglesias Legacy and the IDB's Future
- Author:
- Nadia Martinez
- Publication Date:
- 06-2005
- Content Type:
- Policy Brief
- Institution:
- Foreign Policy In Focus
- Abstract:
- After 17 years at the helm of Latin America's largest source of development financing, the President of the Inter-American Development Bank (IDB) is stepping down. Enrique Iglesias is slated to pass the reins to his successor in September. Like the recent fight over the leadership position at the Organization of American States, this contest promises to be a long and arduous process of political negotiation. As the United States attempts to maintain its traditionally hegemonic role in Latin America, Brazil is more boldly gaining some of that ground. And with annual lending to Latin American countries surpassing $8 billion annually, the IDB has significant influence over the region's economies.
- Topic:
- International Relations and Government
- Political Geography:
- United States, America, Brazil, South America, and Latin America