Small States in Transition

From Vulnerability to Competitiveness

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This study deals with a pressing economic policy question facing the world's smallest economies: how can small states enhance their industrial competitiveness and alleviate the economic vulnerabilities associated with small country size? There is a widespread perception that small size (i.e. economies with 1.5 million people or less) hinders the achievement of industrial competitiveness. This study seeks to address this issue.


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