More than half of the world's sovereign states are small economies.
The majority are in sub-Saharan Africa and the Caribbean Basin. For
small economies, the globalization process involves opportunities,
but also important risks because of their vulnerability and lack of
diversification. This book discusses the advantages and pitfalls of
different strategies for small developing economies to become more
integrated into the world economy. It should help with the
formulation of a coherent and effective policy response.
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