With a strong recovery from the global crisis, the Philippines policy focus will shift again to a long-term development agenda. Despite favorable initial conditions, the Philippines long-term growth performance has been disappointing. Over the decades, the economy has suffered from high...

The growth diagnostics methodology pioneered by Hausmann et al. (2005) is becoming a key piece of the toolkit for donor agencies in formulate their operational strategies. This paper aims at clarifying the primary objectives of the approach, highlighting some limitations for operational use. The...

The key factor underlying China’s fast development during the last 50 years is its ability to master and accumulate new and more complex capabilities, reflected in the increase in diversification and sophistication of its export basket. This accumulation was policy induced and not the result...

This paper analyzes the degree of structural transformation in the Kyrgyz Republic's economy by applying the new approach developed by Hausmann and Klinger (2007) and Hidalgo et al. (2007). We focus on the level of sophistication of the country's exports, and discuss policy options to transform...