The Success of Small Countries or What’s Wrong With Being XXL in the World Economy?

... 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 ... ... far across the regional realm of the respective large economies. The smaller economies have far greater flexibility (just like SMEs in the corporate world) to innovate, experiment and build alliances across the globe. Singapore is a great illustration of ...