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How Economic Complexity Explains Which Countries Become Rich

Odd Lots

CHAPTER

Navigating Economic Complexity and Diversification

This chapter examines the interplay between complexity and efficiency in business and economic systems, discussing how countries can thrive beyond raw material value addition. It highlights successful examples of economic diversification, such as Dubai and Panama, which illustrate the role of strategic policy and supportive infrastructure. The conversation further explores emerging global trends and the significance of adapting to changes in the economy, including the impacts of decarbonization.

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