Small States in Transition

From Vulnerability to Competitiveness

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Measuring the Performance of Small States

This chapter measures the industrial competitiveness performance of small states in quantitative terms and benchmarks them against each other. Benchmarking exercises of this type allow governments to assess their country's performance in relation to: Countries at a similar level of development, or of similar characteristics, which they would like to outperform; and Countries at a higher level of development, whose performance they wish to emulate, and whose policy strategies they could learn from in order to do so.


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