Led by Ricardo Hausmann, the Growth Lab at Harvard's Center for International Development works to understand the dynamics of growth and to translate those insights into more effective policy-making in developing countries. The Growth Lab places increased economic diversity and complexity at the center of the development story and uncovers how countries move into industries that offer increased productivity.
Go to The Growth Lab at Harvard University webpageEach year, researchers at the Growth Lab of the Center for International Development release growth forecasts for the upcoming decade as well as rankings of countries by their current economic complexity. The Economic Complexity Index (ECI) is a measure of the amount of capabilities and know-how of a given country determined by the diversity, ubiquity, and complexity of the products it exports.
Growth projections are calculated through a process largely based on determining whether a country's economic complexity is higher or lower than expected given its level of income. They expect countries whose economic complexity is greater than theywould expect for its level of income to grow faster than those that are "too rich" for their current level of complexity. In this data, a country's growth projection value for a given year is for the decade beginning with that year. For example, a value in a 2017 row is the projection of annualized growth for 2017–2027.