Paraguay, March 16 -- The Inter-American Development Bank Group (IDB Group) today launched LAC Crece, a platform for accelerating private-sector-led growth through sequenced, prioritized, and financed action. Through LAC Crece, the IDB Group helps align public action and private investment to unlock productivity, growth, and jobs. Over the past 60 years, Latin America and the Caribbean expanded at an average annual rate of just 1.8%, while East Asian economies grew more than three times faster. This gap has compounded over time, helping to explain why countries that were once poorer than those in the Americas are now far ahead in development. LAC Crece focuses on unlocking private investment by helping governments address the practical barr...