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‘Technological neglect traps poorest nations in poverty’ July 22, 2007

Posted by bdoza in BANGLADESH, TECHNOLOGY, UN.

‘The world poorest countries are being sapped of the technological capacity they need to break out of the poverty trap and catch up with the rest of the world, the UN’s trade and development agency said in its report.

The UN body argued that the Science, technology and innnovation were not luxuries for the the world poorest, but necessities that would allow them to leapfrog into the 21st century.
” We do not see the real mainstreaming of technological policies in the poverty reduction stretagies,” UNCTAD President told.
He also told that 50 LDCs also needed to build the right envornment for technological development, which would encourage investment in education and infrastructure and allow them to break loose from the poverty line.”
“Only some of the LDCs- Bangladesh, Combodia and Laos … were showing sign of taking that path” he added.

The report also painted critical pictures of Governments in the poorest countries for their underestimating or neglecting the value of technological development.
It said that foreign aid and investment flows are not building sufficient technical know how, infrastructure or innovative business that would enable the poorest countries develop independently and creats jobs in the longer term.
Foreign Direct Investment y pivate companies was often focused on mining and oil industries or commodities producing little in the way of durable technology transfer into the poorest economies, it commented.

Bangladesh must come out this coglomere by proper applications of technological innovations in defferent fields of economic development.



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