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The Size of the Economy and Its Relation to Stability and Steady Progress: II

In: Economic Consequences of the Size of Nations

Author

Listed:
  • G. Leduc

    (University of Paris)

  • J. Weiller

    (University of Paris)

Abstract

The subject which has been assigned to us is defined by the title of this paper. But if any fruitful discussion is to follow this paper, it would seem indispensable to try to define its purport more closely. We find more explicit indications in the comments attached to the Programme of this Round Table, where the problems are formulated thus: ‘ How far is a large nation more stable than a small one: (a) in consequence of a smaller dependence on international trade in general; (b) in consequence of a smaller dependence on its ability to sell a small range of exported goods; (c) in consequence of wider opportunities for adjusting its economy to changes in both markets and technologies?… How far does a small nation have an advantage in its capacity to adjust more quickly its policies to changing conditions?’

Suggested Citation

  • G. Leduc & J. Weiller, 1960. "The Size of the Economy and Its Relation to Stability and Steady Progress: II," International Economic Association Series, in: E. A. G. Robinson (ed.), Economic Consequences of the Size of Nations, chapter 0, pages 200-219, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-15210-0_13
    DOI: 10.1007/978-1-349-15210-0_13
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