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The world's 50 poorest nations must harness science, technology and innovation in order to achieve the kind of economic growth needed to reduce poverty, according to a new United Nations report titled “Knowledge, Technological Learning and Innovation”, which was released recently. Prepared by the UN Conference on Trade and Development (UNCTAD), the report focuses on how the Governments of least developed countries (LDCs) and their development partners can promote technological progress.

The recently released report is particularly important because it focuses on a new area that one usually don't associate with the least developed countries, which is their emerging interest to use science and technology as a vehicle for economic transformation. The report very clearly lays out why science and technology matters for the LDCs