3min chapter

Odd Lots cover image

How Economic Complexity Explains Which Countries Become Rich

Odd Lots

CHAPTER

The Importance of Complexity in Trade

I'm curious about work you've done of looking at services through the complexity lens. Can countries rise up and become rich if they never go through the manufacturing process? I think so let me give you the example of Panama. It's a bunch of service industries that are connected to each other. That made having regional headquarters of multinational corporations very practical because from Panama City you can go to anywhere in Latin America or the US.

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