Discover and read the best of Twitter Threads about #economiccomplexity
Most recents (2)
Climate change is making your morning coffee cup more expensive. Here's a brief story of how much more depends on your taste. /1 oec.world
#Brazil #Coffee #ClimateCrisis #ClimateEmergency #OECPro #ForeignTrade #EconomicComplexity #DataVisualization #DataScience
#Brazil #Coffee #ClimateCrisis #ClimateEmergency #OECPro #ForeignTrade #EconomicComplexity #DataVisualization #DataScience
Brazil grows 28% of the world's Robusta crop (bitter, used for instant coffee and espresso), and 41% of Arabica, the beans favored by Starbucks & Dunkin'. Trade data shows how coffee is affected by climate change, and how our taste for coffee could evolve in a warmer future. /2
Coffee is one of the most traded commodities ($30B in 2019). Two species, Arabica(70%) and Robusta(30%), account for virtually all production. Climate change studies suggest a 50% reduction in the area suitable for Arabica by 2050. Robusta grows in hotter temperatures. /3
At the Growth Lab, an interdisciplinary team of researchers explores the secret of #EconomicGrowth from both an academic and applied angle. These are our most important academic papers of the past decade on #EconomicComplexity. (1/22) growthlab.cid.harvard.edu/academic-resea…
The economic complexity approach starts from the assumption that technology takes the form of tools, codes and #Knowhow. Knowhow grows by putting different bits of knowhow in different brains. (2/22)
Countries know more because individuals in them know different. Complex places have more diverse #knowhow. Complex products require more knowhow. Knowhow diffuses with people and teams of people. Once distributed, it needs tying back together by firms, cities or countries. (3/22)
