Middle-income countries that focus on basic sciences, such as physics and chemistry, grow their economies faster than nations that invest in applied sciences, such as medicine or psychology, according to a paper by Venezuelan researchers.
They say that "investing in basic scientific research seem(s) to be the best way a middle-income country can foment fast economic growth", although they found no direct cause and effect between basic science and economic development.
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To read the original article: Basic science linked to faster economic growth
