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THE ATLAS OF ECONOMIC COMPLEXITY MAPPING PATHS TO PROSPERITY

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Allocation of scarce resources; land, labour, capital, foreign exchange; present and future consumption, optimum use of taxes and subsidy. Public ownership and planning, relationship between plans and projects selection and investment programme; private sector projects, method of evaluation of private projects, social cost- benefit and switching values, uses and abuses of sensitivity analysis. Accounting prices for traded and non-traded goods, marginal social costs and marginal social benefits, financing of projects, impact of project outputs on production and consumption elsewhere. Shadow wage rates and accounting rate of interest, uncertainty and investment criteria, external effects related to inputs and outputs of the projects, indicators of economic worthiness in project appraisal;. | THE ATLAS OF ECONOMIC COMPLEXITY MAPPING PATHS TO PROSPERITY Hausmann Hidalgo et al. Center for International Development w st Harvard University HARVARD Kennedy School JOHN F. KENHEDYSCHOOL 0FGOVERNRENT Macro Connections IU I Media lab J I lir Bii IK Ila illliill I Il Ilin BBSS is THE ATLAS OF ECONOMIC COMPLEXITY MAPPING PATHS TO PROSPERITY Hausmann Hidalgo et .