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The visualizations presented in The Atlas were created in The Observatory of Economic Complexity (OEC), a data visualizations engine created by Alex Simoes and Cesar A. Hidalgo in the Macro Connections group at the MIT Media Lab. The Observatory of Economic Complexity was launched in 2011.
When we dig deeper into the export data of both countries, we can deduce that the differences were mainly in the composition of their relative export baskets. The more countries direct their efforts to more sophisticated products, the more it is reflected in the ECI score, and hence their potential economic growth.
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A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
Gran Atlas Aguilar (Spain, 1969/1970) Historical Atlas of China (Taiwan, 1980) The Historical Atlas of China (China, 1982) National Geographic Atlas of the World (United States, 1963–present) Pergamon World Atlas (1962/1968) Times Atlas of the World (United Kingdom, 1895–present) Dorling Kindersley Atlas of the World 1994–present
In economics, a Swan Diagram, also known as the Australian model (because it was originally published by Australian economist Trevor Swan [1] in 1956 to model the Australian economy during the Great Depression), represents the situation of a country with a currency peg. [2]