“The IDB (Inter-American Development Bank) will work with the region to boost investment through greater integration and nearshoring. My goal is for the Western Hemisphere to be the most attractive region for direct investment in the world”, Mauricio Claver-Carone, the Bank’s new President told IDB staff on October 1.
In a positive and detailed first address deserving careful consideration, the former Senior Director for the Western Hemisphere at the US National Security Council painted a picture of a very different future hemisphere; one that is economically integrated, in which the US plays a critical role not just bilaterally but by exercising leadership with other multilateral development institutions.