Credit Suisse On Why Many Small Countries Are Successful

Calling the rise of small states amid a world of globalization a key megatrend, a new report from Credit Suisse notes a negative correlation between size and a country’s gross domestic product. This was among some of the surprising results in the study that found that, unlike the corporate world, there is not an economy of scale with larger government.

UN Human Development Index populated by small countries

When factoring the quality of life, and adding factors such as healthcare, education and intangible infrastructure as measures of success, small countries did very well in the study.  In fact half of the top thirty countries in the UN Human Development Index,...