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Inter-American Development Bank

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The Inter-American Development Bank is an international development finance institution headquartered in Washington, D.C., United States. It serves as one of the leading sources of development financing for the countries of Latin America and the Caribbean.

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economy4 h ago
AI may curb wage growth and slow hiring in some sectors

AI adoption may lead to lower wage growth and slower hiring in certain sectors. While AI could boost economic output in Latin America and the Caribbean by about 5.1% over a decade, it may also exert downward pressure on wages in affected areas.

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