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International Trade and Economic Integration as a Means of Over-Coming the Disadvantages of a Small Nation

In: Economic Consequences of the Size of Nations

Author

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  • T. Scitovsky

    (Stanford University)

Abstract

I propose in this paper to attempt a theoretical discussion, first of some of the factors that inhibit efficiency and growth in too small an economy, and second of the influence international trade and economic integration are likely to exert on these factors. Strictly speaking, the task I have been asked to undertake comprises only the second of these two. But to discuss the influence of trade and integration on the inhibiting factors, these latter must first be analysed; also, the discussion of these factors and their influencing must be closely co-ordinated; and at the time of writing I have no way of knowing the coverage and approach of the other papers. I can only hope, therefore, that this paper will not repeat too much of what has already been said and discussed at an earlier stage, and that whatever repetition it contains may not be too boring.

Suggested Citation

  • T. Scitovsky, 1960. "International Trade and Economic Integration as a Means of Over-Coming the Disadvantages of a Small Nation," International Economic Association Series, in: E. A. G. Robinson (ed.), Economic Consequences of the Size of Nations, chapter 0, pages 282-290, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-15210-0_18
    DOI: 10.1007/978-1-349-15210-0_18
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    Citations

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    Cited by:

    1. Armstrong, H. & De Kervenoael, R. J. & Li, X. & Read, R., 1998. "A comparison of the economic performance of different micro-states, and between micro-states and larger countries," World Development, Elsevier, vol. 26(4), pages 639-656, April.
    2. Sondermann, David & Lehtimäki, Jonne, 2020. "Baldwin vs. Cecchini revisited: the growth impact of the European Single Market," Working Paper Series 2392, European Central Bank.
    3. Easterly, William & Kraay, Aart, 2000. "Small States, Small Problems? Income, Growth, and Volatility in Small States," World Development, Elsevier, vol. 28(11), pages 2013-2027, November.
    4. Armstrong, Harvey & Read, Robert, 1995. "Western European micro-states and EU autonomous regions: The advantages of size and sovereignty," World Development, Elsevier, vol. 23(7), pages 1229-1245, July.
    5. Abdelkader Sid Ahmed, 1992. "Maghreb : quelle intégration à la lumière des expériences dans le Tiers Monde ?," Revue Tiers Monde, Programme National Persée, vol. 33(129), pages 67-97.
    6. Harvey W. Armstrong & Robert Read, 2002. "The phantom of liberty?: economic growth and the vulnerability of small states," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(4), pages 435-458.
    7. Liou, F. M. & Ding, C. G., 2002. "Subgrouping Small States Based on Socioeconomic Characteristics," World Development, Elsevier, vol. 30(7), pages 1289-1306, July.
    8. Easterly, William*Kraay, Aart, 1999. "Small states, small problems?," Policy Research Working Paper Series 2139, The World Bank.

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