Mehmet, Ozay; Tahiroglu, M. - In: International Journal of Social Economics 29 (2002) 1/2, pp. 152-162
This paper examines the phenomen of microstates and, in particular, their often exceptionally high per‐capita levels of income. It suggests that the small size of a state, in terms of both area and population, may be economically advantageous. The special characteristics of microstates are...