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Closing the Gap

By Román Mayorga


American Development Bank. Summary This document deals with the support that the Inter-American Development Bank (IDB) can offer for creating, disseminating, and making practical use of knowledge in the countries of Latin America and the Caribbean (LAC). Unlike the approach taken by other international financial institutions in the 1960s, at the outset of that decade the IDB began financing the development of higher education and science and technology. Since then, it has approved many loans and technical cooperation operations in those fields and for agricultural research and extension activities, middle-level technical education, and job training. The IDB's contribution has been the main, although by no means the only source of external support for science and technology development in LAC for more than three decades. Although the region's capacity in this field is relatively weak in comparison with other developed and newlyindustrialized countries, it would have been much weaker without the Bank's support. Knowledge is increasingly recognized throughout the world as the most important resource of nations and a determining factor in their competitiveness on international markets. This study seeks to explain how the IDB has envisioned and performed its work in science and technology (S&T) and to offer a conceptual basis for a new strategy, needed to assist the region in tackling the challenges of the twentyfirs

Publisher: The World Bank
Year: 1997
OAI identifier: oai:CiteSeerX.psu:
Provided by: CiteSeerX
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