Science and Technology for Development: An IDB Strategy

By SDS (04/01, GN-1013-2, En, Es) See also Education, Training and Science & Technology

This strategy (GN 1013-2) was favorably considered by the Board of Directors of the Inter-American Development Bank on October 4, 2000.

This paper reviews and updates the Bank's strategy for supporting science and technology in Latin America and the Caribbean. Beginning with the fundamental importance of science and technology in the globalized economy, the paper reviews conditions in the region, the Bank's experience to date, and the challenges ahead. The IDB's current strategy for support of science and technology in the region emphasizes a strong sectoral and system-wide approach; the importance of increased support for technological development in the productive sector; continued support of scientific research but with a more focussed approach and increased linkages with technology; and strengthening of related human resource and institutional development. In addition, the Bank is placing a new emphasis on science and technology development in smaller poorer countries. On the basis of the paper, the IDB has already increased its lending for science and technology which, it is hoped, will have an important impact on economic and social development in the region.


Last updated: 05/08/07

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