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Full Description
This book addresses the issues surrounding the prospects of small countries in an integrated, globalized world. The contributors support the thesis that the new global environment does not represent a twilight for small countries, but recognise that the honeymoon has not been as comfortable as others had expected. They demonstrate that by entering the global arena or by consolidating into regional alliances small countries do not 'lose', and may even gain sovereignty in areas previously closed to them.
Contents
List of Tables List of Figures Notes on the Contributors Introduction: Small Countries in a Globalised World: Their Honeymoon or Twilight?; M.Svetlicic, D.Salvatore & J.P.Damijan PART I: THE EMERGENCE AND PERFORMANCE OF SMALL COUNTRIES Nations, Conglomerates and Empires: Trade-off Between Income and Sovereignty; B.Milanovic The Economic Performance of Small Versus Large Nations; D.Salvatore Main Economic Characteristics of Small Countries: Some Empirical Evidence; J.P.Damijan PART II: TRANSITION OF SMALL CENTRAL EUROPEAN COUNTRIES History of Czech Economic and Political Alignments Viewed as a Transition; V.Benacek From Monetary Integration via Monetary Independence to a New Integration? (The Case of Slovenia); I.Ribnikar Enterprise Sector Restructuring in a Small Economy: The Case of Slovenia; M.Simoneti, M.Rojec & M.Rems PART III: PROSPECTS OF SMALL COUNTRIES IN A GLOBALISING WORLD Competitiveness of Small Countries; J.D.Daniels & M.Svetlicic Experiences of a Small Country's Short Stay in the EU: The Case of Austria; F.Breuss The Contribution of Large, ('Western') Multinations to the Catching-up of Small ('Eastern') Countries; C.Bellak Index Abstracts