Return to search

Economic complexity and product space of Visegrad countries : a new perspective on Czech Republic, Hungary, Poland and Slovakia

Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2017. / Cataloged from PDF version of thesis. / Includes bibliographical references (page 68). / In 1991, four Central European countries (the Czech Republic, Hungary, Poland and Slovakia) decided to form a political alliance called the Visegrad Group to explore paths of cooperation in various domains. Since the fall of communism, these countries have followed a formidable development trajectory that culminated with their integration in the European Union in 2004. In this thesis, we approach this region using a new macroeconomic theory that provides a framework to evaluate the complexity of economies and their productive structures. After analyzing trade data at a world level we find that V4 countries have complex economic structures. They also demonstrate a high level of robustness as they maintain consistent Economic Complexity Rankings when we vary the theory's underlying assumptions. We show that V4 countries have acquired capabilities relevant to many sectors, which provides them with numerous development opportunities. Based on those findings, we suggest policy recommendations leading both to stronger regional integration and to the creation of a more attractive business environment. / by Kalman de Chalendar and Marc Giraud. / S.M. in Management Studies

Identiferoai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/111460
Date January 2017
CreatorsDe Chalendar, Kalman (Kalman Olivier Petro), Giraud, Marc
ContributorsRoberto Rigobon., Sloan School of Management., Sloan School of Management.
PublisherMassachusetts Institute of Technology
Source SetsM.I.T. Theses and Dissertation
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Format68 pages, application/pdf
Coverageec-----
RightsMIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission., http://dspace.mit.edu/handle/1721.1/7582

Page generated in 0.0018 seconds