Which country does score high by economic complexity?
Country rankings
| Rank | Country | Economic complexity index (2018) |
|---|---|---|
| 1 | Japan | 2.43 |
| 2 | Switzerland | 2.17 |
| 3 | South Korea | 2.11 |
| 4 | Germany | 2.09 |
What is the economic complexity ranking system?
The Economic Complexity Index (ECI) is a holistic measure of the productive capabilities of large economic systems, usually cities, regions, or countries.
How do you cite Atlas of Economic Complexity?
When referring to concepts, visualizations and data from the Atlas, please cite the following reference(s): The Growth Lab at Harvard University. The Atlas of Economic Complexity. http://www.atlas.cid.harvard.edu.
What is the purpose of economic complexity index?
The complexity of a country’s exports is found to highly predict current income levels, or where complexity exceed expectations for a country’s income level, the country is predicted to experience more rapid growth in the future. ECI therefore provides a useful measure of economic development.
Which country has the best economic system in the world?
The following are the top 10 countries viewed as the most economically stable.
- Netherlands.
- Sweden.
- Australia.
- Denmark. Most Economically Stable Rank: 4.
- Japan. Most Economically Stable Rank: 5.
- Denmark. Most Economically Stable Rank: 4.
- Germany. Most Economically Stable Rank: 3.
- Canada. Most Economically Stable Rank: 2.
What is the rank of UAE in terms of complex economy?
Overview In 2020 United Arab Emirates was the number 33 economy in the world in terms of GDP (current US$), the number 24 in total exports, the number 22 in total imports, the number 28 economy in terms of GDP per capita (current US$) and the number 51 most complex economy according to the Economic Complexity Index ( …
Who gave the concept of world economics complex?
Alfred Marshall provides a still widely cited definition in his textbook Principles of Economics (1890) that extends analysis beyond wealth and from the societal to the microeconomic level: Economics is a study of man in the ordinary business of life.
What’s OECD countries?
The OECD’s 38 members are: Austria, Australia, Belgium, Canada, Chile, Colombia, Costa Rica, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovak …
What are China’s main imports and exports?
China Exports And Imports
| Rank | Exports Product | Import Product |
|---|---|---|
| 1 | Computers | Crude Petroleum |
| 2 | Broadcasting Equipment | Integrated Circuits |
| 3 | Telephones | Iron Ore |
| 4 | Integrated Circuits | Gold |
What is the Economic Complexity Index?
Harvard Growth Lab’s Country Rankings assess the current state of a country’s productive knowledge, through the Economic Complexity Index (ECI). Countries improve their ECI by increasing the number and complexity of the products they successfully export.
What is the Atlas of Economic Complexity?
Explore Harvard Growth Lab’s annual ranking of country and product complexity. The Atlas of Economic Complexity is part of Harvard’s Growth Lab Viz Hub, a portfolio of award-winning, interactive visualizations powered by the Growth Lab’s research and insights.
Which country has the most economic complexity?
Countries by Economic Complexity Rank Country Economic Complexity Index 1 Japan 2.61 2 South Korea 2.37 3 Switzerland 2.33 4 Singapore 2.25
How does economic complexity affect economic growth?
o economic complexity seems to matter: it affects a country’s level of income per capita and drives its future growth. It is also dis- tinct from what is captured by measures of human capital, governance and competi- tiveness. But how does complexity evolve? How do societies increase the amount of productive knowledge embedded in them?