5min chapter

Odd Lots cover image

How Economic Complexity Explains Which Countries Become Rich

Odd Lots

CHAPTER

The Consequences of Too Much Complexity

Is there a point at which there can be too much complexity? I think it's more on a corporate level than on an economy wide level. One of the most pass trading ideas in the field of economic development is that you should focus on adding value to your raw materials. Slovenia, with 2 million people, export $35 billion or more and then incredibly large diversity of things. They do pretty sophisticated stuff, and with only too many people.

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