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Belize : Formulation of a national STI strategy and action plan and establishment of a Belize-Korea science, technology and innovation (STI) institute

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Title Belize
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Sub Title

Formulation of a national STI strategy and action plan and establishment of a Belize-Korea science, technology and innovation (STI) institute

Project Category Consulting Programs
Material Type Reports
Author(English)

Choi, Hyungsub et al.

Publisher

[Sejong]:Korea Development Institute

Date 2015
Project Consulting Programs
Series Title; No Knowledge Sharing Program / 2014/15
ISBN 978-89-8063-951-9 94320; 978-89-8063-827-7 (set)
Pages 124
Subject Country Belize(Americas)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Science/Technology
Holding KDI; KDI School
Supervisor Ministry of Strategy and Finance (MOSF), Republic of Korea
Organizer Korea Development Institute
Sponsor Ministry of Strategy and Finance (MOSF), Republic of Korea
Type Report
Project Term 2014-01-01 ~ 2015-12-31

Abstract

The Belizean economy is small, open and based on commodities, as well as dominated by non-technology-intensive activities. The service industry is the biggest contributor to GDP and employment, but agriculture accounts for most exports. Output of agricultural commodities and tourism accounts for almost 60 percent of exported goods and services. Realizing its heavy reliance on outdated views of socioeconomic development and production and management systems, the Belizean government devised a strategy to provide a level playing field for all businesses and entrepreneurs, marked by the use of appropriate technology to increase productivity and competitiveness in an environmentally sustainable way. Development of sci-tech initiatives applied to strategic economic areas can serve as the driver of a resilient Belizean economy. (The rest omitted)