How Economic Complexity Explains Which Countries Become Rich

Join Ricardo Hausmann, a Harvard professor and economic complexity expert, as he delves into why some countries prosper while others struggle. He explains the concept of economic complexity and how a nation's economic growth can be predicted. Hausmann emphasizes the role of diversified exports and collective societal knowledge in driving development. He uses fascinating examples from countries like Bangladesh and Japan to illustrate how diversifying economies can lead to improved wealth. It's a deep dive into the intricate dance of economies and their evolution.