5 Questions You May Have asked: What is Economic Complexity and Which Countries are Increasing Their Economic Complexity?
Economic Complexity measures a country's knowledge and capabilities. It reflects the depth of expertise within a society. For instance, activities like gold mining require less specialized knowledge and a relatively small workforce compared to other industries.
Yaw • 5 Questions You May Have asked: What is Economic Complexity and Which Countries are Increasing Their Economic Complexity?
less coordination is required for less economically complex tasks