Thursday, October 29, 2015

Assignment #1: Open the Door to Ecuador


1.  Certain sectors of the Ecuadorian government would like to become less dependent on natural resource extraction as a source of economic growth. Instead, they are seeking to create a digital- and knowledge-based economy.

2. Information Communication Technology.

3.   the Information Communication Technology (ICT) sector has become an increasingly important source of growth for many Latin American countries.  A report published by the Economic Commission for Latin American and the Caribbean (ECLAC) discovered that between 1995-2008, there was a positive correlation between ICT capital, economic growth and productivity. During those years, ICT capital made up 14 percent of GDP growth in Brazil, 7 percent in Chile and Mexico, and 5 percent in Argentina.

4. public spaces that provide computer training and internet access to rural communities. Yes, these would work in New Brunswick.

5.  the country's first planned city of nearly 17 square miles designed to become a hub for technological research and scientific infrastructure. Life sciences, information and communications technology, nanoscience, renewable energy and petro chemistry. 

6. Yes, it will work out for the Ecuador because they know what they have to be successful and if they can do it, so can New Brunswick. 

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