Development Banks and Technological Development

Fabio S. Erber, Submitted to the International Development Research Centre (IDRC) of Canada, the Organisation of American States (OAS), Organisation for Economic Co-operation and Development (OECD) and the World Bank, 21st  (February, 1980)

This is a proposal for a comparative study of the role of Development Banks in less-developed countries (LDC), insofar as their importance for LDC development. The main objectives of project are: • To describe and evaluate the experience of Development Banks in LDCs as regards its positive and negative influence in local technological development. • To verify such experience in the broader contexto of the countries’ financial systems and Government policies, especially regarding Science and technology policy. • To suggest measures to improve the effectiveness of the Banks’ action as promoters of local technological development and, by extension, of social and economic development to policy-makers of the Development Banks and Government. The Project represents a pioneering effort in technology policy research (in LDCs and elsewhere) and it will also produce results of immediate relevance to policy-makers involved with local technological development in LDCs, in the Development Banks and in the Government. The studies will be carried out in Argentina, Brazil, Colombia, India, Ivory Cost, Korea, Malaysia and Peru. The comparative framework of the Project will not only provide a basis for better policy suggestions, but, in the final stage, shall have research and policy conclusions applicable not only to the countries participating in the Project, but also to other countries, as well as international agencies and research and financial institutions of advanced countries.

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