Better results in education and health spending to leverage growth (IADB-RG-T4369)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Bolivia
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Venezuela
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.45 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Oct 7, 2023


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, by examining the efficiency and efficacy of health and education expenditures, this research can uncover disparities in resource allocation and utilization, leading to informed interventions that promote equitable access to vital services. Conducting research on discrimination against minorities in Andean countries is of paramount importance as it sheds light on the pervasive social inequalities that often go unnoticed. Such research not only uncovers the lived experiences of marginalized communities but also serves as a catalyst for policy changes and societal awareness. These investigations hold the potential to transform societal attitudes, fostering inclusivity and equal opportunity while bolstering the overall development of Andean nations. In addressing these critical issues, research acts as a guiding compass, steering countries towards a more just, prosperous, and harmonious future for all their citizens.

The objective of this Technical Cooperation (TC) is twofold. On the one hand, the research aims to rigorously evaluate the efficiency of current health and education systems, pinpointing areas of resource allocation and utilization that may be hindering optimal outcomes. On the other hand, this research seeks to comprehensively understand the extent and manifestations of discrimination against minorities within Andean countries, particularly within the realms of health, education, and labor markets. By delving into these domains, the study seeks to illuminate the nuanced ways in which marginalized communities face barriers and biases that hinder their access to quality healthcare, equitable educational opportunities, and fair participation in the labor force. By merging the investigation of discrimination with assessments of efficiency, this research endeavors to provide actionable insights that can inform evidence-based policy reforms, foster social equity, and ultimately contribute to the holistic betterment of minority experiences in Andean societies.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contact information provided at the time of disclosure.

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).

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How it works