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Venezuela and Nicaragua, the countries with the lowest “economic complexity” in LatAm

By Sebastián Osorio Idárraga

Economic growth is undoubtedly one of the main goals of every country and a constant concern for international organizations, especially in recent months when inflation has advanced by leaps and bounds.

One of the ways to evaluate this growth, beyond measuring the monetary value of the final goods and services produced in a country in a given time (Gross Domestic Product), is how the growth and product development process takes place through the Economic Complexity Index (ECI).

This index measures the knowledge intensity of an economy, taking into account the knowledge intensity of the . . .

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