Ricardo Hausmann, Growth Lab research - Daily News
Professor Ricardo Hausmann of the Harvard Kennedy School of Government delivered a lecture entitled “Increasing your chances of success while leaving your comfort zone: adapting Sri Lanka’s growth model to new constraints,” yesterday at BMICH. Read more about Sri Lanka needs economic knowhow
Ricardo Hausmann, Growth Lab research - Lanka Business Online
Sri Lanka should rethink its immigration, diaspora and product development policies so as to encourage more complexity in exports, economist Ricardo Hausmann of Harvard University said in Colombo on Monday.
Harvard’s Center for International Development (CID) hosted its annual Global Empowerment Meeting (GEM) on April 13th and 14th, 2016. This year’s event was made possible in collaboration with the MasterCard Foundation. In its eighth year, GEM continues to feature cutting-edge research and initiatives in global development and bring together business leaders, policymakers and academics to discuss ideas that revolutionize development paradigms. This year’s theme was on learning—how individuals and societies learn and the vast socio-economic implications of this process. Read more about GEM16: How Individuals & Societies Learn
Diversification is critical to a country’s long term economic growth plan, especially as many older industries shrink in a world of globalization and rapid technological evolution. But establishing new industries in a region requires access to workers with the right skills and know-how. By definition, local workers lack experience in these new industries. So how do “pioneer” plants, the plants that are the first of their kind in a region, overcome this difficulty? Do they train locals or hire experienced workers from elsewhere? New research at the Center for International Development (CID) at Harvard University finds that pioneers are much more likely than other plants to hire their better-paid, higher-skilled workers from outside the region, lending evidence that mobility of workers is crucial for new industries to diffuse. Read more about Mobility of Workers Key for Diffusion of Industries