Why small, open economies must rethink ‘strategic incompleteness’
When law is selectively enforced in the global arena, small states need a new playbook to maintain openness
FOR two generations, smallness looked less like a liability than an economic strategy.
Luxembourg and Ireland built financial centres of global reach. Singapore coordinated commerce and capital across a region many times its size.
Meanwhile, Gulf monarchies converted concentrated resources and small populations into commercial and diplomatic influence.
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