Abstract
The relationship between the size of a nation and its development has been discussed intensively and statements on the subject differ widely. Economics of scale is a common argument which attributes better chances for development to bigger states. But is this also valid for tourism? Andorra is the example of a highly specialized microstate which is big enough to offer all the tourist is looking for within its narrowborders. On the other hand a small political group governing a small country is highly flexible to the challenge of its surroundings which is the essential condition for development according to Schumpeter's theory (1926).
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