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List Of Countries By Economic Complexity
This list orders countries by their Economic Complexity Index (ECI), as it was defined and calculated by César Hidalgo and Ricardo Hausmann and published by The Observatory of Economic Complexity. Country rankings Factors affecting differences between countries As an illustration, we can observe the differences between Egypt and Thailand in ECI ranking between the years of 1995 and 2015, let us use the below figures as an example: *Difference in 1995: 0.71 ECI points for Thailand *Difference in 2015: 1.28824 ECI points for Thailand *Increase for Egypt 1995-2015: 0.18037 ECI Points *Increase for Thailand 1995-2015: 0.7575 ECI Points When we dig deeper into the export data of both countries, we can deduce that the differences were mainly in the composition of their relative export baskets. The more countries direct their efforts to more sophisticated products, the more it is reflected in the ECI score, and hence their potential economic growth. For example, from 1995-2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Map And Scatterplot Of Countries By Economic Complexity
A map is a symbolic depiction of interrelationships, commonly spatial, between things within a space. A map may be annotated with text and graphics. Like any graphic, a map may be fixed to paper or other durable media, or may be displayed on a transitory medium such as a computer screen. Some maps change interactively. Although maps are commonly used to depict geography, geographic elements, they may represent any space, real or fictional. The subject being mapped may be two-dimensional such as Earth's surface, three-dimensional such as Earth's interior, or from an abstract space of any dimension. Maps of geographic territory have a very long tradition and have existed from ancient times. The word "map" comes from the , wherein ''mappa'' meant 'napkin' or 'cloth' and ''mundi'' 'of the world'. Thus, "map" became a shortened term referring to a flat representation of Earth's surface. History Maps have been one of the most important human inventions for millennia, allowin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Complexity Index
The economic complexity index (ECI) is a holistic measure of the productive capabilities of large economic systems, usually cities, regions, or countries. In particular, the ECI looks to explain the knowledge accumulated in a population and that is expressed in the economic activities present in a city, country, or region. To achieve this goal, the ECI defines the knowledge available in a location, as the average knowledge of the activities present in it, and the knowledge of an activity as the average knowledge of the places where that economic activity is conducted. The product equivalent of the economic complexity index is the product complexity index or PCI. Higher economic complexity as compared to country's income level drives economic development. Background The ECI was developed by Cesar A. Hidalgo, from the MIT Media Lab and Ricardo Hausmann, from Harvard University's Kennedy School of Government. ECI data is available in The Observatory of Economic Complexity. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
César Hidalgo
César A. Hidalgo (born December 22, 1979) is a Chilean born, Chilean-Spanish-American physicist, author, and entrepreneur. He is a tenured professor of social and behavioral sciences at the Toulouse School of Economics and director of thCenter for Collective Learninga multidisciplinary research laboratory with offices at the Toulouse School of Economics and at Corvinus University of Budapest. He is also an Honorary Professor at the University of Manchester's Alliance Manchester Business School. Hidalgo is known for his work on economic complexity, relatedness, data visualization, applied artificial intelligence, and digital democracy. Before moving to France, Hidalgo was a professor at MIT where he directed the Collective Learning group. He is also a founder and partner at Datawheel, a data visualization and distribution company. Hidalgo works broadly in the field of collective intelligence. His contributions to the field includes the introduction of methods to measure economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ricardo Hausmann
Ricardo Hausmann (born 1956) is the former Director of the Center for International Development currently leading the Center for International Development's Growth Lab and is a professor of the Practice of Economic Development at the Harvard Kennedy School at Harvard University. He is also a former Venezuelan Minister of Planning and former Head of the Presidential Office of Coordination and Planning (1992–1993). He co-introduced several regularly used concepts in economics including #Original sin (economics), original sin, #Growth diagnostics, growth diagnostics, #Self-discovery, self-discovery, #Dark matter, dark matter, #The Product Space, the product space, and Economic complexity index, economic complexity. Ricardo is the father of theatre director and producer Michel Hausmann, art historian Carolina Hausmann, and comedian Joanna Hausmann. Early life and career Hausmann was born to a Jewish family in Venezuela. His father was a refugee of the Holocaust who was born in Lei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Observatory Of Economic Complexity
The Observatory of Economic Complexity (OEC) is an online data visualization and distribution platform for international trade data designed and owned bDatawheel Through interactive visualizations, the OEC aims to make global trade data accessible and understandable. The site consists of a series of periodically updated profiles dedicated to exploring trade data for countries and their regions, companies, products, and international organizations. It also features bilateral profiles that allow exploring the trade relationships between different countries and between countries and products. The platform has developed an arrangement of tools dedicated to exploring trade datasets and making data cuts with its Data, Company, and Trend Explorers or building custom visualizations with its Viz builder. The OEC also features economic complexity data through indicators, maps, rankings, and publications, making it a resource for researchers, trade experts, businesses, students, and other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Index Economic Complexity
Index (: indexes or indices) may refer to: Arts, entertainment, and media Fictional entities * Index (''A Certain Magical Index''), a character in the light novel series ''A Certain Magical Index'' * The Index, an item on the Halo Array in the ''Halo'' video game series Periodicals and news portals * ''Index Magazine'', a publication for art and culture * Index.hr, a Croatian online newspaper * index.hu, a Hungarian-language news and community portal * ''The Index'' (Kalamazoo College), a student newspaper * ''The Index'', an 1860s European propaganda journal created by Henry Hotze to support the Confederate States of America * ''Truman State University Index'', a student newspaper Other arts, entertainment and media * The Index (band) * ''Indexed'', a Web cartoon by Jessica Hagy * ''Index'', album by Ana Mena Business enterprises and events * Index (retailer), a former UK catalogue retailer * INDEX, a market research fair in Lucknow, India * Index Corporation, a Japanese v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lists Of Countries By Economic Indicator
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole". Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Complexity Economics
Complexity economics is the application of complex system, complexity science to the problems of economics. It relaxes several common assumptions in economics, including general equilibrium theory. While it does not reject the existence of an equilibrium, it features a non-equilibrium economics, non-equilibrium approach and sees such equilibria as a special case and as an emergent property resulting from complex interactions between economic agents.Beinhocker, Eric D. The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics. Boston, Massachusetts: Harvard Business School Press, 2006. The complexity science approach has also been applied to computational economics. Models The "nearly archetypal example" is an artificial stock market model created by the Santa Fe Institute in 1989. The model shows two different outcomes, one where "agents do not search much for Dependent and independent variables, predictors and there is convergence on a homogeneous rati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
