Best Multilateral: Inter-American Development Bank

Best Multilateral: Inter-American Development Bank

Typically, multilateral lenders come to the fore in moments of crisis and retreat from the spotlight once better times return. But this past year, a kind of limbo has descended. No one can argue that all is well: on any day the wrong European headline can freeze up financial markets across the whole of Latin America. But at the same time, many financial institutions have become inured to global uncertainties and, armed with a belief in the regionĀ¹s inherent stability, have pressed on regardless. This is the backdrop for multilateral lenders operating in Latin America: they must be ready to intervene in case of crisis, but also continue to find ways to facilitate the flow of capital ­ eve

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