Development depends on a nation's ability to produce sophisticated goods, making economic complexity crucial. Considered as an ecological sophistication of technological, social, and cultural factors, ecological structural change, the core of Green New Developmentalism, can address environmental...

The article aims to analyze the ecological transition and the structural change by considering the role of Medium-Income Trap (MIT) with respect to exchange rate overvaluation and (re)industrialization, according to the Structuralist-New Developmentalist (SND) approach. The ecological challenges...