At the 1964 annual meeting of the Inter-American Development Bank
(IDB) in Panama, Felipe Herrera, then the President of the
institution, argued that Cour institution must continue to
demonstrate that, being a bank, it is also more than a bank. What
is this institution that had the backing of both Latin American
countries and the United States, and that since Herrera many have
claimed it is more than a bank? And how did it come into existence?
General
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