Perhaps, not suprisingly, Physics can help explain why some economies are more likely to develop than others, as this story by Tim Harford explains.
The essentially story is simple. Economic development is the process of replacing the production of relatively low valued goods and services with higher valued ones. Some countries focus on sectors that can easily and smoothly transition up the value chain, while others do not. Guess which ones are likely to develop....
See here for more details....
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