Small countries with an open economy that aspire to a society of prosperity are always also countries of advanced economy that lead a rational and far-sighted economic policy. The Republic of Croatia has a tradition and a model of a successful country management from the Republic of Dubrovnik...

Small, open developing economies in general, and small island developing states (SIDS) in particular, have specific macroeconomic characteristics due both to their openness and their small size. Small size means they can never have fully independent capital-intensive domestic economies, so to...