Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Western European Micro-States & Autonomous Regions
T2 - The Advantages of Size & Sovereignty
AU - Armstrong, Harvey
AU - Read, Robert Allan
PY - 1995/7
Y1 - 1995/7
N2 - Western Europe has a large number of sovereign micro-states and, in addition, there are also a number of regions of the European Union (EU) which have an unusually high degree of autonomy. This paper examines the economic performance of these micro-states and autonomous regions which is found to be superior to that of adjacent EU regions. The strong economic performance of these micro-states and autonomous regions is shown to be closely related to activity in the financial services sector, tourism and, where present, natural resources. Complex differences among the group of micro-states and autonomous regions are also revealed.
AB - Western Europe has a large number of sovereign micro-states and, in addition, there are also a number of regions of the European Union (EU) which have an unusually high degree of autonomy. This paper examines the economic performance of these micro-states and autonomous regions which is found to be superior to that of adjacent EU regions. The strong economic performance of these micro-states and autonomous regions is shown to be closely related to activity in the financial services sector, tourism and, where present, natural resources. Complex differences among the group of micro-states and autonomous regions are also revealed.
U2 - 10.1016/0305-750X(95)00040-J
DO - 10.1016/0305-750X(95)00040-J
M3 - Journal article
VL - 23
SP - 1229
EP - 1245
JO - World Development
JF - World Development
SN - 0305-750X
IS - 7
ER -