Economic Complexity and Quality of Life in Latin America and Asia Between 2010 and 2014

Abstract

The objective of this article is to measure the efficiency of the Latin American and Asian countries in converting economic complexity into quality of life between 2010 and 2014. The method used was Data Envelopment Analysis (DEA). The results showed in 2014, all Asian countries were efficient except China and Philippines. Cuba was the country that most served as benchmark for inefficient countries. The window analysis showed only Japan, South Korea and Singapore remained effective over time.