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World Bank Institute up in arms for knowledge economies
2007-10-28 10:05:58
By Imani Lwinga
The World Bank Institute (WBI) has launched a book that strives to building knowledge economies.
The book titled `Building Knowledge Economies’ intends to promote local peoples` knowledge was launched at the Tanzania Global Development Learning Centre (TGDLC) in Dar es Salaam.
``Knowledge is being put to work every day to accelerate and deepen the development process,” noted a statement by WBI.
According to TGDLC Director, Charles Senkondo, the book argues that whatever their level of development, countries should consider embarking on a knowledge-and innovation- based development process.
The central role of knowledge and innovation in economic growth is widely acknowledged in advanced countries, and experience of those that have championed this new paradigm has led to the coining of the expression `knowledge economies.`
Mauritania stands as a vivid example of knowledge economies where a group of tourists is guided by young English-speaking formerly unemployed graduates who draw on the indigenous knowledge of nomads to help explain the movements of dunes, meteorological change and archaeological remains.
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