Heine Offers Comments on Upcoming IDB Presidential Election

In an interview with the Associated Press, Jorge Heine, Research Professor at Boston University’s Frederick S. Pardee School of Global Studies, discusses the upcoming election of a new president of the Inter-American Development Bank (IDB). 

The article, titled “Cinco nominados, incluyendo una mujer, aspiran a dirigir BID” (Five nominees, including a woman, aspire to lead IDB), lays out the candidate pool for the largest source of financing from Latin America and the Caribbean, each of the candidate’s priorities and what they bring to the table, as well as and what to expect ahead of the November 20 vote of the IDB Board of Governors.

In his comments, Heine underscores the IDB’s significance given the crisis in the region, as well as the importance of the Bank being led once again by a Latin American. The previous IDB president – Mauricio Claver-Carone – was an official in former President Donald Trump‘s administration and the first American to lead the IDB since its creation in 1959. With a Latin American at the helm again, Heine argues the Bank can focus on the region’s development needs as opposed to the priorities of United States foreign policy. As he puts it, “it is essential that it resume its task of promoting the development of Latin America and not become a foreign policy tool for the United States.”

The full article can be read (in Spanish) on the Associated Press‘ website.

Ambassador Jorge Heine is a Research Professor at the Pardee School of Global Studies at Boston University. He has served as ambassador of Chile to China (2014-2017), to India (2003-2007) and to South Africa (1994-1999), and as a Cabinet Minister in the Chilean Government. Read more about Ambassador Heine on his faculty profile.