Economic Complexity and Employment Expansion in Africa Summary Introduction

As productive knowledge is expensive to acquire and cannot be easily transferred to other countries, the higher the economic complexity (or productive knowledge) of a product, the harder it is for a country to obtain the capabilities required to produce that product. [...] Countries which export products on the periphery of the product space have limited diversification opportunities compared to those countries which export products in the core of the product space. [...] This is a result of the high degree of inter-connectedness of products in the core compared to those on the periphery. [...] Not only is the high-cost of the electricity supply a concern, but so is the stability of power supply. [...] The structure of the product space and evolution of comparative advantage.