Building economic complexity in Africa
Date
2019
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Abstract
The paper reports on and summarizes four country case studies (Ghana, Kenya, Senegal and South Africa) in terms of: the degree and extent of economic complexity; a detailed product space analysis; firm interviews to identify what prevents or enables firms to diversify; and the employment potential associated with frontier products. Economic complexity and product space analytics identify potential avenues for economic diversification or frontier products. Building economic complexity, or accumulating productive knowledge, is associated with the process of structural transformation – shifts from less complex low productivity activities toward high productivity and more complex activities and products.
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Synthesis Report
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Keywords
ECONOMIC ANALYSIS, EXPORT ORIENTED INDUSTRIES, MANUFACTURING, DIVERSIFICATION, PRODUCTION FACTORS, ECONOMIC GROWTH, EMPLOYMENT OPPORTUNITIES, EXPORT POLICY, TRADE FACILITATION, SENEGAL, GHANA, KENYA, SOUTH AFRICA, SOUTH OF SAHARA