Kore7 says: New cluster-analysis of the world's product export space reveals the differences in connectivity and diversity between nations' production capacities as well as the very sizable developmental gaps in this network that keep poorer countries on the industrial fringes. The rich countries of the industrialized world tend to have broad portfolios of industries, and accordingly occupy large areas of the product space, usually including much of the network's core. Fast-growing developing countries such as China, Thailand, and Hungary are strong in some of those central, well-connected regions. The poorest countries, especially those in sub-Saharan Africa, tend to specialize in a few of the peripheral products—such as oil for Nigeria and copper for Zambia.EDIT:My first title was too generic ("Mapping the Wealth of Nations.") Mapping the wealth of nations? I like it! And a sly little allusion to Adam Smith? What's not to love. However, I wonder: are we making a mistake in analyzing this on the national level? Are we overlooking the fact that most local economies contain people living in both first and third world conditions? Access and infrastructure is certainly an issue in determining whether one lives among the haves or the have nots, but I would suggest that in our current society, access and infrustructure are no longer merely geographically determined. In some of the richest cities in the world, we still find people with now access or infrastructure to allow them to prosper as their neighbors do. I can t... |
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