Become complex or stay poor

Gazing into crystal balls and predicting the economic future of countries has become one of the fastest-growing industries in academia. Institutions like the World Bank, the World Economic Forum and countless experts are all at it – crunching numbers and graphs to peer into the future. Now Harvard University has come up with a controversial system that predicts growth patterns on how complex a society or an industry is – and some of the results they have arrived at are startling. Richard Walker reveals all.