Ways should be found to promote the technology sector domestically, and to supply venture capital to these enterprises. The Chilean government, conscious that the Internet is increasingly a window to the economy, has moved to conduct all public sector procurement via the Internet. By 2005 all inquiries from the public sector will be done through the Internet. In a globalized economy the rate of return is becoming more universal. While globalization has allowed emerging economies access to new markets, they must become increasingly creative and competitive, while maintaining a firm commitment to sound fiscal policies, and introduce an improved social network.
Growth is essential and the first priority.
Labor flexibility, for example, where people can be employed and dismissed according to market conditions, is important. Maintaining competitiveness involves reducing or eliminating social tensions. Education A participant made the observation that the New Economy requires making education a top priority. President Lagos agreed with the statement, and added that a challenge in a rapidly changing world will be to educate students so that they will have the tools to continue learning for the rest of their lives. This is no longer sufficient, and greater emphasis on quality is needed.