HKS Authors

See citation below for complete author information.

Abstract

Highlights • Economic complexity offers a potentially powerful paradigm to understand key societal issues and challenges of our time. • This brief introduction to economic complexity summarizes key theoretical foundations and principles of economic complexity. • It also reviews the tools and metrics developed in the economic complexity literature that exploit information encoded in the structure of the economy to find new empirical patterns. • It finally aims is to highlight the insights from economic complexity to improve political decision-making.

Citation

Balland, Pierre-Alexandre, Tom Broekel, Dario Diodato, Elisa Giuliani, Ricardo Hausmann, Neave O'Clery, and David Rigby. "The new paradigm of economic complexity." Research Policy 51.3 (April 2022): 104450.