Abstract

This paper examines the phenomen of microstates and, in particular, their often exceptionally high per‐capita levels of income. It suggests that the small size of a state, in terms of both area and population, may be economically advantageous. The special characteristics of microstates are defined and a case study of the Turkish Republic of North Cyprus is used to examine them further. Conclusions are drawn and, hopefully, discussion will be stimulated regarding the relatively unexplored field of microstates.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.