The Success of Small Countries or What’s Wrong With Being XXL in the World Economy?
... 7.4% in 2020, which compares with the share in total world population of 4.4%. The contribution of small economies to global GDP increased among both developing and developed countries, with the former delivering a greater increment in their contribution ... ... against China, while the initiations in trade disputes and restrictions were led by the developed economies such as the US and the EU. Large economies also tend to have significantly more allocations towards defence compared to small economies. Hard power tends ...
12.04.2022