EDUCATION, TRAINING & LABOR
Growth Lab tool helps regional planners and policymakers identify development opportunities
Policymakers, urban planners, and businesspeople now have unprecedented access to key economic data for more than 1,000 urban areas in 79 countries, thanks to the launch of the new Metroverse analytical tool from the Growth Lab at the Center for International Development at Harvard Kennedy School. Founder and Director Ricardo Hausmann says the Growth Lab’s research has found that the range and nature of current capabilities (existing industries, suppliers, infrastructure, skills in the workforce, education) strongly influence how an economy’s future diversification unfolds. “The process of development is the process of accumulating productive capabilities,” Hausmann says. The project is an outgrowth of the Atlas of Economic Complexity, which examines countries’ technological capabilities and knowledge resources to illuminate possibilities and predict prospects for future economic growth. |