Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/140427
Title: Book review : Economic development in the world’s smallest economies : how geography, demographics, and culture define economic activity
Authors: Vella, Melchior
Keywords: States, Small -- Economic conditions
Economic development
Geopolitics
Islands -- Economic conditions
Landlocked states
Demography -- Economic aspects
Issue Date: 2025
Publisher: University of Malta. Islands and Small States Institute
Citation: Vella, M. (2025). Economic development in the world’s smallest economies : how geography, demographics, and culture define economic activity, by A. A. Teperek. Small States & Territories, 8(2), 537-538.
Abstract: Traditional economic growth models, such as the Solow-Swan model or endogenous growth theories, rely on the advantages of large markets; they thus theorise away small state development. Yet, for small states whose domestic markets are inherently limited, diseconomies of scale are a fact of life. [excerpt]
URI: https://www.um.edu.mt/library/oar/handle/123456789/140427
ISSN: 26168006
Appears in Collections:SST Vol. 8, No. 2, November 2025



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