Finance Department Chair Dr. Christophe Schinkus co-authored an article in the July 2022 issue of Quality & Quantity Journal. In the article titled “How Do Countries Deal With Global Uncertainty? Domestic Ability To Absorb Shock Through the Lens of the Economic Complexity and Export Diversification,” the authors explore the degree to which countries’ economic complexity and export diversification play a role in helping them absorb external shocks in the face of global uncertainties. Authors Schinkus and Canh Phuc Nguyen find that first, the volatility of economic growth and the misery index decrease as economic complexity rises. Second, while export diversification helps to reduce vulnerable effects on the misery index, economic complexity appears to exacerbate the vulnerable impacts of external shocks on the domestic economy.
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