Una investigación sobre la naturaleza y las causas de la riqueza de las naciones para el siglo XXI

La plétora de teorías económicas de desarrollo tradicionales sufren serias limitaciones para generar el desarrollo que prometen. El propósito de este esfuerzo académico será examinar dichas limitaciones, ofreciendo una metodología alternativa de desarrollo económico que esté libre de dichos percance

When Adam Smith wrote the wealth of nations (1776), the richest country on the planet (probably the Netherlands) was about four times as rich as the poorest (probably Ethiopia) (Hausmann 2005). Nowadays, the richest country, Liechtenstein is no less than to two-hundred times richer than the poorest, the Central African Republic (World Bank 2018). It is very clear that something in the way we deal with economic development is very wrong. In the following academic effort, we will explore the limitations of the established theories and paradigms in the discipline, and propose an alternative approach to economic development, one capable of restoring the discipline’s power to explain and generate the wealth of nations in the 21st Century. To accomplish that goal, we will start our journey from the diagnostic approach to development, which we will try to enhance by adding analytical tools that crystallise the latest discoveries from the most innovative research efforts to the existing diagnostic model: the Hausmann, Rodrik and Velasco’s model (2005).