What are roles of fundamental research on the socio economic development of Tanzania according to economic research forum article?

According to the Economic Research Forum article, fundamental research plays several important roles in the socio-economic development of Tanzania:

1. Generating knowledge: Fundamental research helps to generate new knowledge and insights that can inform policy decisions and drive innovation in various sectors of the economy.

2. Fostering human capital development: Fundamental research helps to build the capacity of researchers and academics in Tanzania, contributing to the development of a skilled workforce and promoting knowledge transfer.

3. Informing policy-making: Fundamental research provides evidence-based insights that can inform policy-making and help policymakers design effective strategies to address socio-economic challenges in Tanzania.

4. Promoting sustainable development: Fundamental research can help to identify sustainable development pathways and solutions to pressing socio-economic issues, such as poverty reduction, environmental conservation, and inclusive growth.

5. Enhancing international collaboration: Fundamental research can facilitate collaboration with international partners, leading to the exchange of knowledge, expertise, and resources that can benefit Tanzania's socio-economic development.

Overall, fundamental research plays a crucial role in driving socio-economic development in Tanzania by generating knowledge, fostering human capital development, informing policy-making, promoting sustainable development, and enhancing international collaboration.