Abstract:
National prosperity is central to development economics. It determines the affluence of a
nation and the living standard of the population. A multiplicity of factors can influence
national prosperity. Industrial migration has been accredited as a driver of high and
sustained economic growth across diverse nations in the world. This research sought to
answer whether a conclusive relationship exists between industrial migration and national
prosperity.
The research design selected was mixed-methods, which included a quantitative descriptive
study and an explanatory study. Economic Complexity data was collected from the
Observatory of Economic Complexity and data related to national prosperity were collected
from the World Bank.
Evidence confirmed that a relationship was been found between industrial migration and
national prosperity. Nations, who successfully migrated through the industrial forest,
benefitted from rising income levels. The implications of these findings are critical to
development economics.
