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

G. Leduc and J. Weiller
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G. Leduc: University of Paris
J. Weiller: University of Paris

Chapter Chapter 13 in Economic Consequences of the Size of Nations, 1960, pp 200-219 from Palgrave Macmillan

Abstract: 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?’

Keywords: International Trade; World Trade; Foreign Market; Small Country; Capital Formation (search for similar items in EconPapers)
Date: 1960
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15210-0_13

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DOI: 10.1007/978-1-349-15210-0_13

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