ABSTRACT
This paper applies the methodology of economic complexity to study the connection between economic complexity and development in four Latin American countries: Argentina, Brazil, Chile, and Mexico. The paper shows that, with the exception of Mexico (and its maquiladoras), the countries remained exporting mainly primary products, with an increase in this sector’s competitiveness while high complexity sectors lost competitiveness in the last decades.
KEYWORDS:
economic complexity; economic development; product space; Latin America