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In recent years, financial crises in developed nations have wreaked havoc around the world and leaders are hungry for new insights into the central challenges of growth and development. Research at the CID’s Growth Lab works to solve the mysteries of growth and articulate the policy implications that emerge.
The Growth Lab is gaining increasing attention as the global hub for Structural Transformation, a view of development that gives a central role to the complexity of a country’s economy and identifies the capabilities a country needs to produce more sophisticated products and services.
The Lab's research seeks to understand:
To answer these questions, The Growth Lab faculty and fellows engage in theoretical and empirical research on the determinants of growth and its social, political, and environmental sustainability.
CID Director Ricardo Hausmann with South African President Jacob Zuma and former Chilean Finance Minister Andres Velasco in South Africa in June 2010.