Latin America

Sex scandal paves way for political changes at the IDB

As IDB president, Cuban-American hawk Mauricio Claver-Carone clashed with U.S. Democrats and left-leaning Latin American administrations. He has now been fired over sexual misconduct

Mauricio Claver-Carone’s nomination broke a 60-year IDB tradition of having a Latin American preside over the institution. Photo: Jeffrey Arguedas/EFE/Folhapress
Mauricio Claver-Carone’s nomination broke a 60-year IDB tradition of having a Latin American preside over the institution. Photo: Jeffrey Arguedas/EFE/Folhapress

The Inter-American Development Bank (IDB) is not used to grabbing headlines, but two years of noisy internal power struggles have captured international attention. Now, a scandal at the top of the organization that led to the firing of President Mauricio Claver-Carone may have been the final storm before a return to normalcy.

Mr. Claver-Carone’s nomination, pushed for by former U.S. President Donald Trump in 2020, broke a 60-year IDB tradition of having a Latin American preside over the institution.

Many in the region saw the breaking of this unwritten rule as altering a well-established power balance that compensated for traditional...

Less expensive than a coffee

Enjoy any plan of your choice for US$1 for the first month