Development studies on the middle-income trap have highlighted the challenges for developing economies to transform their productive systems from simple towards high value-added activities. Here, we use trade data of 116 countries to quantify the stages of productive sophistication and reveal...

A country's productive structure determines its future path of economic diversification, economic growth, and income inequality. In this article, we identify Paraguay's structural constraints and opportunities for economic diversification and inclusive growth. For this purpose, we advance...

A country's productive structure determines its future path of economic diversification, economic growth, and income inequality. In this article, we identify Paraguay's structural constraints and opportunities for economic diversification and inclusive growth. For this purpose, we advance...