Economic Characteristics Associated With Size: Development Problems Confronting Smaller Third World States
Looney, Robert E.
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This paper examines whether small developing countries have a particular unique set of characteristics (other than size per se) that tends to set them apart from developing countries as a whole? The main findings are that smallness appears to be a constraint on growth in two regards-momentum and the effectiveness of government expenditures. Small countries can be defined as those states not capable of sustaining momentum from one time period to another and/or those countries not capable of stimulating economic growth through cutting defense expenditures.
Singapore Economic Review, October 1992.Refereed Journal Article
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