Page 56 - The Atlas of Economic Complexity
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MAPPING PATHS TO PROSPERITY  |  57













































                  countries that do well in this index, given their income lev-  ing  for  a  new  location  or  looking  to  diversify  into  a  new
                  el,  tend  to  achieve  higher  levels  of  economic  growth. The   product. These maps carry information about the produc-
                  ability  to  successfully  export  new  products  is  a  reflection   tive capabilities that are present in a given country and the
                  of  the  fact  that  the  country  has  acquired  new  productive   degree to which these capabilities are relevant to support a
                  knowledge that will then open up further opportunities for   particular new industry.
                  progress. What a country needs to do to achieve this will be   A map does not tell people where to go, but it does help
                  highly specific to the context of the country and the prod-  them determine their destination and chart their journey to-
                  uct. Better seeds could cause an agricultural revolution; im-  wards it. A map empowers by describing opportunities that
                  proved  infrastructure  could  open  up  new  possibilities  for   would not be obvious in the absence of it. If the secret to
                  light  manufactures;  clarifying  property  rights  and  human   development is the accumulation of productive knowledge,
                  subject regulations may allow for participation in pharma-   at a societal rather than individual level, then the process
                  ceutical research; changing the responsiveness of training   necessarily requires the involvement of many explorers, not
                  institutions to the needs of new sectors may unleash their   just a few planners. This is why the maps we provide in this
                  growth; etc.                                                 Atlas are intended for everyone to use.
                    The Economic Complexity Index is not easy to manipu-
                  late through a narrow set of decisions. Ultimately, countries
                  improve on the index by being able to increase the number
                  of different activities they can successfully engage in and by
                  moving towards activities that are more complex. The policy
                  message for most countries is clear: create an environment
                  where a greater diversity of productive activities can thrive
                  and, in particular, activities that are relatively more com-
                  plex. Countries are more likely to succeed in this agenda if
                  they focus on products that are close to their current set of
                  productive capabilities, as this would facilitate the identi-
                  fication  and  provision  of  the  missing  capabilities. The  ECI
                  therefore, is accompanied by maps that help chart the op-
                  portunities  and  rewards  available  for  each  country. These
                  are maps that are specific to each country and do not repre-
                  sent one-size-fits-all development advice.
                     These maps, however, could also be used by firms search-
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