πŸ“… 2023-01-13 β€” Session: Analyzed Chile’s Economic Complexity and Export Diversification

πŸ•’ 18:00–20:00
🏷️ Labels: Economic Complexity, Chile, Export Diversification, Trade Agreements, Regional Development
πŸ“‚ Project: Business
⭐ Priority: MEDIUM

Session Goal: The session aimed to explore and analyze the economic complexity and export diversification of Chile, focusing on the impact of trade agreements and the potential for regional development.

Key Activities:

  • Reviewed the concept of evolutionary economic geography, emphasizing path dependency in regional development.
  • Discussed the innovative approach of Hausmann and Hidalgo on economic complexity, highlighting the relationship between economic activities and regional success.
  • Analyzed the impact of foreign trade on Chile’s economy, considering the challenges and opportunities presented by trade agreements.
  • Proposed a technical study to develop an economic complexity indicator for Chilean exports, aiming to identify diversification opportunities.
  • Communicated the addition of a theoretical review section in a shared Google Docs document, inviting team feedback.

Achievements:

  • Gained insights into the importance of economic complexity in regional development and export diversification.
  • Identified the need for a methodological approach to measure economic complexity in Chile.
  • Facilitated team collaboration through document updates and feedback requests.

Pending Tasks:

  • Develop a detailed methodology for the economic complexity indicator.
  • Continue collaboration with team members to refine the theoretical review and gather feedback.