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- DescriptionWhy do some countries grow and others do t? The authors of The Atlas of Ecomic Complexity offer readers an explanation based on Ecomic Complexity, a measure of a society's productive kwledge. Prosperous societies are those that have the kwledge to make a larger variety of more complex products. The Atlas of Ecomic Complexity attempts to measure the amount of productive kwledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the Product Space, the authors are able to identify each country's adjacent possible, or potential new products, making it easier to find paths to ecomic diversification and growth. In addition, they argue that a country's ecomic complexity and its position in the product space are better predictors of ecomic growth than many other well-kwn development indicators, including measures of competitiveness, governance, finance, and schooling. Using invative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive kwledge and prosperity.
- Author BiographyRicardo Hausmann is Director of the Center for International Development at Harvard University, Professor of the Practice of Economic Development at Harvard Kennedy School, and George Cowan Professor at the Santa Fe Institute. Cesar A> Hidalgo is ABC Career Development Professor at the MIT Media Lab.
- Author(s)Alexander Simoes,Cesar A. Hidalgo,Michele Coscia,Muhammed A. Yildirim,Ricardo Hausmann,Sebastian Bustos
- PublisherMIT Press Ltd
- Date of Publication18/02/2014
- SubjectEconomics: Professional & General
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Content Note640 figures, 20 tables
- Weight1897 g
- Width254 mm
- Height315 mm
- Spine28 mm
- Format DetailsTrade paperback (US)
- Interest AgeFrom 18
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