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The non-zero costs of zero-covid

November 12, 2021

Ricardo Hausmann, Frank Neffke, Michele Coscia and business travel research in The Economist

Some know-how is also tacit, embodied in people or teams. To transmit this know-how it is necessary to move the minds that carry it. Increasing spending on business travel by 10% raises productivity by 0.2-0.5% in the visited sector, according to a study of American travellers by Mariacristina Piva of the Università Cattolica del Sacro Cuore and her co-authors. ...

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How Afghanistan Was Really Lost

November 9, 2021

Ricardo Hausmann for Project Syndicate

The West’s failure in Afghanistan may well have resulted from not spending enough money in the right places. A different balance between US military expenditure and economic aid might have convinced ordinary Afghans that they had a significant stake in the success of the state that the US and its allies were striving to build.

HKS faculty examine why the Afghan government fell and suggest pathways to stability

November 8, 2021

Ricardo Hausmann in HKS News

The second Dean’s Discussion of the semester explored Afghanistan's complicated future following the end of the U.S. military presence. Moderator Sarah Wald, the dean’s chief of staff and an adjunct lecturer in public policy, began with a broad question: What’s next for Afghanistan? Three HKS faculty members provided perspectives on what it would take to develop a safer and more prosperous country.

Economist Ricardo Hausmann, the Rafik Hariri Professor of the Practice of International Political Economy, said his focus...

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Vietnam’s Factories Are Open Again. Where Are the Workers?

November 4, 2021

Atlas of Economic Complexity in Bloomberg Businessweek

As relations between the U.S. and China have deteriorated, Vietnam has emerged as a manufacturing hot spot, with annual exports climbing almost twentyfold in the past two decades, to $283 billion in 2020. Samsung Electronics Co. manufactures refrigerators and dishwashers there; subcontractors for Urban Outfitters, Calvin Klein, and Gap make T-shirts, jeans, and sweaters; and Nike, Adidas, and Puma get hundreds of millions of pairs of...

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ESG Will Not Help the Global South

October 6, 2021

Ricardo Hausmann for Project Syndicate

Now that environment, social, and governance standards have gone mainstream among investors in the advanced economies, the question is what ESG criteria will mean for developing countries. A closer examination shows that such standards have little to offer export-dependent economies, and may even prove counterproductive.

Brasil cai em rankings mundiais de corrupção,democracia, violência e produtividade

October 4, 2021

Tim Cheston, Atlas of Economic Complexity in Folha de S.Paulo (English)

Outro ranking no qual o Brasil despencou foi o de complexidade econômica,calculado pela Universidade Harvard. O país passou da 26ª para a 53ª posição,entre 2000 e 2019 —ano mais recente para o qual há dados.

Calculado pelo Laboratório de Crescimento da instituição, o índice parte da ideiade que o nível de conhecimento em uma sociedade...

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Mind the Mind Gap

August 27, 2021

Ricardo Hausmann for Project Syndicate

While developing countries have been catching up to their richer counterparts on some key metrics, they appear to be falling behind on others. Most worrisome is a growing gap in the local capabilities needed to make the most of new technological innovations.

Are Economists in Love with Tough Love?

August 4, 2021

Ricardo Hausmann for Project Syndicate

Vigorous economic competition certainly has a place in today’s world. But economists may currently be overly reliant on this default approach, attributing to a lack of discipline outcomes that may instead result from insufficient solidarity and concern.

China Is Exporting More Sophisticated Products Despite Trade War

August 3, 2021

Tim Cheston, Atlas ECI Rankings in Bloomberg News

The technological level of China’s exports increased through the trade war with the U.S., according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade.

China ranked 16th globally when judged by the complexity of its exports in 2019, moving up three places ahead of countries including Ireland since the onset of the trade war in 2018, according to a new study by Harvard University’s Growth Lab.

The index measures the diversity and technological...

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