What industrial strategies have led Austria and Czech Republic to produce high-complex products?
Austria has a GDP per capita of 47,380 US$ and ranks number seven in the Economic Complexity Index (2017). Austria produces complex products like machinery, chemical products and medical devices.
Czech Republic has a GDP per capita of 20,379 US$ and ranks number six in the Economic Complexity Index (2017). By developing highly complex products like electronics and industrial machinery, the Czech Republic shows a great economic growth potential.