4min chapter

Odd Lots cover image

How Economic Complexity Explains Which Countries Become Rich

Odd Lots

CHAPTER

The Role of Government Policy in Diversification

Every technology, every industry, lives in an environment of relatively specific public goods that the government needs to provide. For example, it's going to be extremely difficult to sell electric vehicles in a society that cannot assure people that they are going to be charging stations. So I do think that there's an important contributing role that industrial policies can play to facilitate monkeys moving.

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