IDB plans to double financing to private companies to boost job creation

Monday, March 28th 2011 - 04:55 UTC

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The Inter-American Development Bank Group expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region. Read full article

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GeoffWard
What would be really useful would be for the USA IDB Group to promote, and initially fund, road infrastructure building techniques that match, and better in quality, those of the Romans 2000 years ago.

Not a criticism, as roads were built for wheels, and South America never invented the wheel, and had to wait until very recently, in historic terms, for wheels to arrive from overseas. Therefore the roads of S.A. are a very recent thing, and many municipalities even now simply lay tarmac on sand, relying on cheap labour to be constantly employed in filling holes, patching roads and shoreing-up landslipped road margins.

But a single 44 tonne axle-weight truck can easily break up such a road along its full length in a single journey.

So when the Chinese say they want to build a 'dry canal' from the eastern seaboard to the pacific coast to facilitate bulk flow of (raw) materials to China, the quality of the road to be built will be at least as good as the roads of Telford in British Victorian times.

The USA knows how to build virgin roads across continents - they have been doing it across America since 1880. The technology transfer to (eg) Brasil would be worth its weight in errr apples/soya/cotton.
A road network across Brasil - even to equal that of the Romans across Europe 2000 years earlier - would be such a leap forward into the 21st century for South America.

CESMM3 protocols tell it like it is.

If a generation of civil engineering graduates AND federal and state governors and administrative managers learned and applied these protocols in national road construction, the paradigm shift could move so many areas of national infrastructure 'into the developed world'.
Mar 28th, 2011 - 06:12 pm - Link - Report abuse 0
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