The Structure Of The Product Space And The Evolution Of Comparative Advantage

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The Atlas of Economic Complexity

Author : Ricardo Hausmann
Publisher : MIT Press
ISBN 13 : 0262317737
Total Pages : 369 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Atlas of Economic Complexity by : Ricardo Hausmann

Download or read book The Atlas of Economic Complexity written by Ricardo Hausmann and published by MIT Press. This book was released on 2014-01-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge 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 economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative 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 knowledge and prosperity.

New Perspectives on Structural Change

Author : Ludovico Alcorta
Publisher : Oxford University Press
ISBN 13 : 0198850115
Total Pages : 743 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis New Perspectives on Structural Change by : Ludovico Alcorta

Download or read book New Perspectives on Structural Change written by Ludovico Alcorta and published by Oxford University Press. This book was released on 2021 with total page 743 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a comprehensive edited volume that outlines the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field.

The Oxford Handbook of the Ethiopian Economy

Author : Fantu Cheru
Publisher : Oxford University Press
ISBN 13 : 0192546449
Total Pages : 1000 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis The Oxford Handbook of the Ethiopian Economy by : Fantu Cheru

Download or read book The Oxford Handbook of the Ethiopian Economy written by Fantu Cheru and published by Oxford University Press. This book was released on 2019-01-10 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.

Global and Regional Dynamics in Knowledge Flows and Innovation

Author : Chris Van Egeraat
Publisher : Routledge
ISBN 13 : 1317682092
Total Pages : 218 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis Global and Regional Dynamics in Knowledge Flows and Innovation by : Chris Van Egeraat

Download or read book Global and Regional Dynamics in Knowledge Flows and Innovation written by Chris Van Egeraat and published by Routledge. This book was released on 2015-10-14 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, which in essence is the generation of knowledge and its subsequent application in the marketplace in the form of novel products and processes, has become the key concept in inquiries concerning the contemporary knowledge based economy. Geography plays a decisive role in the underlying processes that enable and support knowledge formation and diffusion activities. Place specific characteristics are considered especially important in this context, however, more recently investigation into innovative capacity of places has also turned its attention to external knowledge inputs through innovation networks, and increasingly recognize the evolutionary character of the processes that lead to knowledge creation and subsequent application in the marketplace. The chapters that comprise this book are embedded at the intersection of the dynamic processes of knowledge production and creative destruction. The first three contributions all discuss the role of global innovation networks, in the context of territorial and/or sectoral dynamics, while the following two chapters investigate the evolution of regional or metropolitan knowledge economies. The final three contributions adopt a knowledge base approach in order to provide insight into the organisation of innovation networks and spatiality of knowledge flows. This book was published in a special issue of European Planning Studies.

Industrial Development in Africa

Author : Berhanu Abegaz
Publisher : Routledge
ISBN 13 : 1351671103
Total Pages : 306 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Industrial Development in Africa by : Berhanu Abegaz

Download or read book Industrial Development in Africa written by Berhanu Abegaz and published by Routledge. This book was released on 2018-02-21 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Development in Africa critically synthesizes and reframes the debates on African industrial development in a capability-opportunity framework. It recasts the challenge in a broader comparative context of successive waves of catchup industrialization experiences in the European periphery, Latin America, and East Asia. Berhanu Abegaz explores the case for resource-based and factor-based industrialization in North Africa and Sub-Saharan Africa by drawing on insights from the history of industrialization, development economics, political economy, and institutional economics. Unpacking complex and diverse experiences, the chapters look at Africa at several levels: continent-wide, sub-regions on both sides of the Sahara, and present analytical case studies of 12 representative countries: Egypt, Tunisia, Ethiopia, Kenya, Tanzania, Mauritius, Zimbabwe, South Africa, Ghana, Nigeria, Senegal, and Cote d’Ivoire. Industrial Development in Africa will be of interest to undergraduate and graduate students studying African development, African economics, and late-stage industrialization. The book will also be of interest to policymakers.

Development, Political, and Economic Difficulties in the Caribbean

Author : Ann Marie Bissessar
Publisher : Springer
ISBN 13 : 3030029948
Total Pages : 365 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Development, Political, and Economic Difficulties in the Caribbean by : Ann Marie Bissessar

Download or read book Development, Political, and Economic Difficulties in the Caribbean written by Ann Marie Bissessar and published by Springer. This book was released on 2019-01-23 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume focuses on the attempts of various Caribbean countries to diversify their economies and societies. It is done in the context of political and economic difficulties that these countries have faced since the 2007-2008 economic crash and how successful they have been in moving their economies in a different direction. The contributors use very distinct levels of analysis in order to provide a nuanced view of diversification efforts in Trinidad and Tobago, Jamaica, Cuba, the French Antilles, and the Dutch Antilles. The book will appeal to academic researchers, practitioners, policy makers, and everyone who is interested in the politics and development of the Caribbean region.

High Performance Export Portfolio: Design Growth-Enhancing Export Structure with Machine Learning

Author : Ms. Natasha X Che
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis High Performance Export Portfolio: Design Growth-Enhancing Export Structure with Machine Learning by : Ms. Natasha X Che

Download or read book High Performance Export Portfolio: Design Growth-Enhancing Export Structure with Machine Learning written by Ms. Natasha X Che and published by International Monetary Fund. This book was released on 2022-04-29 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the relationship between export structure and growth performance. We design an export recommendation system using a collaborative filtering algorithm based on countries' revealed comparative advantages. The system is used to produce export portfolio recommendations covering over 190 economies and over 30 years. We find that economies with their export structure more aligned with the recommended export structure achieve better growth performance, in terms of both higher GDP growth rate and lower growth volatility. These findings demonstrate that export structure matters for obtaining high and stable growth. Our recommendation system can serve as a practical tool for policymakers seeking actionable insights on their countries’ export potential and diversification strategies that may be complex and hard to quantify.

Evolutionary Economic Geography

Author : Dieter Kogler
Publisher : Routledge
ISBN 13 : 1317358090
Total Pages : 396 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Evolutionary Economic Geography by : Dieter Kogler

Download or read book Evolutionary Economic Geography written by Dieter Kogler and published by Routledge. This book was released on 2017-10-02 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic geographers increasingly consider the significance of history in shaping the contemporary socio-economic landscape, and increasingly believe that experiences and competencies, acquired over time by individuals and entities in particular localities, to a large degree determine present configurations as well as future regional trajectories. Attempts to trace, understand, and investigate the pathways from past to present have given rise to the thriving and exciting sub-field of Evolutionary Economic Geography (EEG). EEG highlights the important factors that initiate, inhibit, or consolidate the contextual settings and relationships in which regions and their respective agents, which comprise and shape economic activity and social reproduction, change over time. It has at its core the production and destruction of novelty in space, and the links between innovation and regional economic fortunes. The creation of knowledge, its movement and recombination within different regional ensembles of economic agents and institutions plays a critical role in the evolution of the space-economy. EEG provides a framework to disentangle the complexity of technological change and regional economic development based on a variety of theoretical and methodological approaches. In only a short time, EEG has established itself as a promising and rapidly evolving research framework with its focus on the driving forces of regional development across various scales and its attempt to translate findings into public policy. This book advances the theoretical foundations of EEG, and demonstrates how EEG utilises and operationalises conceptual frameworks, both established and new. Contributions also point to future research avenues and extensions of EEG, attempting to build stronger ties between theory, empirical evidence, and relevance to policy. This book was originally published as a special issue of Regional Studies.

Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy

Author : Arias Gomez, Helmuth Yesid
Publisher : IGI Global
ISBN 13 : 1668459787
Total Pages : 379 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy by : Arias Gomez, Helmuth Yesid

Download or read book Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy written by Arias Gomez, Helmuth Yesid and published by IGI Global. This book was released on 2023-01-23 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic activity is embedded in specific surroundings, and ultimately, these conditions determine productivity and efficiency. However, the use of space in the formal models has been troublesome, but in practical activity, the territory is a crucial determinant when the agents make economic decisions. The interaction between economic activity, territory, and space has become a definitive bedrock in theories throughout the history of thought, such as location theory, urban economics, and new economic geography. Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy analyzes the interaction between territory, economic activity, and human development, sharing interesting histories and deploying an extensive set of methodologies, places, and points of view. Covering key topics such as territorial planning, urban economics, and natural resources, this premier reference source is ideal for economists, policymakers, government officials, industry professionals, researchers, academicians, practitioners, scholars, instructors, and students.

Finance & Development, December 2011

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
ISBN 13 : 1451953690
Total Pages : 60 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Finance & Development, December 2011 by : International Monetary Fund. External Relations Dept.

Download or read book Finance & Development, December 2011 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2011-12-07 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa's Middle-Class Motor finds growing evidence that a recent resurgence in the continent's economic well-being has staying power. In his overview article, Harvard professor Calestous Juma says the emphasis for too long has been on eradicating poverty through aid rather than promoting prosperity through improved infrastructure, education, entrepreneurship, and trade. That is now changing: there is a growing emphasis on policies that produce a middle class. The new African middle class may not have the buying power of a Western middle class but it demands enough goods and services to support stronger economic growth, which, as IMF African Department head Antoinette Sayeh points out, in turn helps the poorest members of society. Oxford University economist Paul Collier discusses a crucial component of Africa's needed infrastructure: railways. It is a continent eminently suited to rail, development of which has been held back more by political than economic reasons. But even as sub-Saharan African thrives, its largest and most important economy, South Africa, has had an anemic performance in recent years. We also profile Ngozi Okonjo-Iweala, Nigeria's colorful economic czar. "Picture This" mines current trends to predict what Africa will look like a half century from now and "Data Spotlight" looks at increased regional trade in Africa. Elsewhere, Cornell Professor Eswar Prasad, examines a global role reversal in which emerging, not advanced, economies are displaying resilience in the face of the global economic crisis. The University of Queensland's John Quiggin, who wrote Zombie Economics, examines whether it makes sense in many cases to sell public enterprises. Economists Raghuram Rajan of the University of Chicago and Rodney Ramcharan of the U.S. Federal Reserve find clues to current asset booms and busts in the behavior of U.S. farmland prices a century ago.

The Oxford Handbook of Structural Transformation

Author : Célestin Monga
Publisher :
ISBN 13 : 0198793847
Total Pages : 741 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Oxford Handbook of Structural Transformation by : Célestin Monga

Download or read book The Oxford Handbook of Structural Transformation written by Célestin Monga and published by . This book was released on 2019 with total page 741 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.

Handbook of Regional Innovation and Growth

Author : Philip Cooke
Publisher : Edward Elgar Publishing
ISBN 13 : 0857931504
Total Pages : 649 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Handbook of Regional Innovation and Growth by : Philip Cooke

Download or read book Handbook of Regional Innovation and Growth written by Philip Cooke and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, economic growth is widely understood to be conditioned by productivity increases which are, in turn, profoundly affected by innovation. This volume explores these key relationships between innovation and growth, bringing together experts from both fields to compile a unique Handbook. The Handbook considers innovation from fresh perspectives, encompassing topics such as services innovation, inward investment and innovation, creative industry innovation and green innovation. It is divided into seven sections, dealing with regional innovation and growth theory, dynamics, evolution, agglomeration, innovation 'worlds', innovation system institutions, and innovation governance and policy. This definitive compendium on regional innovation and growth will undoubtedly appeal to teachers, students, researchers and practitioners of innovation and growth dynamics worldwide.

Globalization in an Age of Crisis

Author : Robert C. Feenstra
Publisher : University of Chicago Press
ISBN 13 : 022603089X
Total Pages : 433 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Globalization in an Age of Crisis by : Robert C. Feenstra

Download or read book Globalization in an Age of Crisis written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2014-01-07 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Along with its painful economic costs, the financial crisis of 2008 raised concerns over the future of international policy making. As in recessions past, new policy initiatives emerged, approaches that placed greater importance on protecting national interests than promoting international economic cooperation. Whether in fiscal or monetary policies, the control of currencies and capital flows, the regulation of finance, or the implementation of protectionist policies and barriers to trade, there has been an almost worldwide trend toward the prioritizing of national economic security. But what are the underlying economic causes of this trend, and what can economic research reveal about the possible consequences? Prompted by these questions, Robert C. Feenstra and Alan M. Taylor have brought together top researchers with policy makers and practitioners whose contributions consider the ways in which the global economic order might address the challenges of globalization that have arisen over the last two decades and that have been intensified by the recent crisis. Chapters in this volume consider the critical linkages between issues, including exchange rates, global imbalances, and financial regulation, and plumb the political and economic outcomes of past policies for what they might tell us about the future of the global economic cooperation.

Botswana

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484343948
Total Pages : 43 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Botswana by : International Monetary Fund. African Dept.

Download or read book Botswana written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-23 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper examines fiscal policy implications for labor market and economic diversification in Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle-income countries, including Botswana. It is noted that reforms aimed at reducing the rents and the size of the public sector is likely to significantly improve market outcomes in Botswana. As part of efforts to find new engines of growth and support sustainable long-term and broad-based growth, Botswana has over the years also vigorously pursued policies to diversify the economy.

Handbook of Research on Increasing the Competitiveness of SMEs

Author : Perez-Uribe, Rafael
Publisher : IGI Global
ISBN 13 : 1522594264
Total Pages : 712 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Handbook of Research on Increasing the Competitiveness of SMEs by : Perez-Uribe, Rafael

Download or read book Handbook of Research on Increasing the Competitiveness of SMEs written by Perez-Uribe, Rafael and published by IGI Global. This book was released on 2019-12-06 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries have been competing against each other in order to attract financial investment and human capital for decades. However, emerging economies have a long way to go before they achieve the same levels of competitiveness as a developed economy. Lack of firm institutions, inadequate infrastructure, and a lack of trust in the legal system are urgent and unavoidable factors that emerging economies must address. The Handbook of Research on Increasing the Competitiveness of SMEs provides innovative insights on integrating, adapting, and building models and strategies compatible with the development of competitiveness in small and medium enterprises in emerging countries. The content within this publication examines quality management, organizational leadership, and digital security. It is designed for policymakers, entrepreneurs, managers, executives, business professionals, academicians, researchers, and students.

The New Trend of Global Industrial Division of Labor and China’s Responses

Author : Bei Jin
Publisher : Springer Nature
ISBN 13 : 981195674X
Total Pages : 294 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis The New Trend of Global Industrial Division of Labor and China’s Responses by : Bei Jin

Download or read book The New Trend of Global Industrial Division of Labor and China’s Responses written by Bei Jin and published by Springer Nature. This book was released on 2022-11-02 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the dynamic process of International Division of Labor with constant development and changes. The process reflects not only the development level of productivity, but also relations between countries. What would be the evolution path for the International Division of Labor? How to improve China's and emerging economies' competitiveness to meet the new industrial revolution? The book aims to answer the questions under the global context. China would explore the innovation in new economic forms to strengthen international cooperation and avoid the intensified trade frictions brought about by its industrial upgrading.

South African Economic Policy Under Democracy

Author : Janine Aron
Publisher : Oxford University Press
ISBN 13 : 0199551464
Total Pages : 377 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis South African Economic Policy Under Democracy by : Janine Aron

Download or read book South African Economic Policy Under Democracy written by Janine Aron and published by Oxford University Press. This book was released on 2009-03-19 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa experienced a momentous change of government from the Apartheid regime to its first democratic government in 1994. This book provides an up-to-date and comprehensive assessment of South Africa's economic policies and performance under democracy. The book includes a stand-alone introduction and economic overview, as well as chapters on growth, monetary and exchange rate policy and fiscal policy, on capital flows and trade policy, on investment and industrial and competition policy, on the effect of AIDs in the macroeconomy, and on unemployment, education and inequality and poverty. Each chapter, and the overview chapter in particular, also addresses prospects for the future.