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strategy
Providing loans for tourism
Implementation:
In thirty-three years of operations in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has made 33 loans for US$963 million to finance tourism and microenterprise projects costing a total of $1,900 million.
Broader:
Providing loans
Providing low-interest loans
Facilitates:
Assisting tourist industry in developing countries
Reducing uncertainty of development programmes due to short-term loans
Facilitated by:
Freeing up availability of loans
Problems:
Bad loans
Bank fraud
Bank fraud
Deteriorating terms of international financial loans to vulnerable countries
Deteriorating terms of international financial loans to vulnerable countries
Deteriorating terms of international financial loans to vulnerable countries
Deteriorating terms of international financial loans to vulnerable countries
Deteriorating terms of international financial loans to vulnerable countries
Inadequate diversification of loans to vulnerable countries
Insufficient programme funding
Limited availability of loans
Limited availability of loans
Limited availability of loans
Restrictive conditions on loans through intergovernmental facilities
Reverse flow of financial aid
Uncertainty of development programmes due to short-term loans
Unethical financial practices
Unpaid debts
Organizations:
Inter-American Development Bank
Subjects:
Transportation, Telecommunications
→
Tourism
Commerce
→
Credit
Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals: