East Timor: Development Challenges for the World's Newest Nation

By Joao M. Saldanha; Hal Hill | Go to book overview

17

Country Size and Economic
Performance: A Commentary with
Implications for East Timor

João M. Saldanha

José Tavares

The relationship between country size and economic welfare is imprinted, rightly or not, in the perceptions of policy-makers and lay people. In spite of this, little attention has been devoted until recently to studying the specific issues that affect small countries. There are at least three good reasons to study small countries. First, about one in four countries has a population of less than 2 million people, even if the share of the world population living in these countries is less than 1 per cent. 1 Second, the number of small countries has increased substantially in the 1990s and is likely to continue to increase. As international trade and capital flows expand and democracy becomes the norm, the relative cost of being small decreases. 2 Third, small countries are not just smaller versions of large countries.

We distinguish political viability (the ability of a state to survive in the international community) from economic viability (its capacity to ensure a reasonable level of prosperity for its citizens). Our focus is on economic viability, more specifically, economic growth. We study the relationship between country size and economic growth in light of the economics literature, deriving implications for the case of East Timor.


SIZE AND ECONOMIC PERFORMANCE

Economies of Scale

Neoclassical growth theory identified the sources of per capita income growth as capital accumulation (the increase in the amount of physical or human capital available to each worker) and exogenous technological progress (the increase in output over time, using the same amount of capital and labour).

-275-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
East Timor: Development Challenges for the World's Newest Nation
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 381

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.