@article {1635483,
	title = {The Economic Complexity of Namibia: A Roadmap for Productive Diversification },
	year = {2022},
	abstract = {After a large growth acceleration within the context of the commodity super cycle (2000-2015), Namibia has been grappling with three interrelated challenges: economic growth, fiscal sustainability, and inclusion. Accelerating technological progress and enhancing Namibia{\textquoteright}s knowhow agglomeration is crucial to the process of fostering new engines of growth that will deliver progress across the three targets. Using net exports data at the four-digit level, we estimate the economic complexity of Namibia {\textendash} a measure of knowhow agglomeration {\textendash} vis-{\`a}-vis its peers. Our results suggest that Namibia{\textquoteright}s economy is relatively less complex and attractive opportunities to diversify tend to be more distant. Based on economic complexity metrics, we define a place-specific path for productive diversification, identifying industries with high potential and providing inputs {\textendash} related to their feasibility and attractiveness in Namibia {\textendash} for further prioritization. Namibia{\textquoteright}s path to structural transformation will likely be steeper than for most peers, calling for a more active policy stance geared towards progressive accumulation of productive capacities, well-targeted {\textquotedblleft}long jumps{\textquotedblright}, and strengthening state capacity to sort out market failures associated with the process of self-discovery.},
	author = {Hausmann, Ricardo and Miguel Angel Santos and Douglas Barrios and Nikita Taniparti and Tudela Pye, Jorge and Lu, Jessie}
}
