The world stills sees Australia as only a source of resources – by Jeffrey Lang

Analysis and Commentary, Manufacturing News, Technology

The latest Harvard Kennedy School Economic Complexity Index (ECI) rating has seen Australia’s ranking plummet to 93rd, placing us between Uganda and Pakistan in the bottom third of monitored nations for economic complexity. Here Jeffrey Lang points to the root of the nation’s industrial problems. The problem is Australia’s sovereign capabilities is centric to still…

Australia’s lack of economic complexity on display – again

Analysis and Commentary, Manufacturing News

Australia’s overreliance on exporting largely undifferentiated commodities has been laid bare in data released by the Harvard Kennedy School which shows that the country’s Economic Complexity Index (ECI) rating has plummeted to 93rd, down 12 positions in the past ten years. The Harvard Index systematically ranks 133 countries by their ability to manufacture and export…