…von Col·lectiu Emma
We recommend the following report by Credit Suisse „The Success of Small Countries (pdf).“ More information from Credit Suisse on the study can be found here.
… in a world of free trade, political borders are economically irrelevant and small countries can be as successful as some of the larger ones, that can benefit from a large domestic market.
Small countries are more homogeneous and homogeneity plays an important role in determining the success of a country. Cultural, ethnic, religious and linguistic diversity creates a ceiling to the potential size of a country. Homogeneous countries tend to have higher HDI scores.
… wealth inequality is less pronounced for small than large countries.
Scotland and Catalonia show higher HDI scores than the U.K. and Spain, respectively.
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