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CentrePiece article
Small Isn't Beautiful: the Cost Disadvantages of Small Remote Economies
Pedro Martins and L. Alan Winters
June 2005
Paper No' CEPCP186:
Full Paper (pdf)

CentrePiece 10 (2) Summer 2005

Small remote economies like Anguilla and Vanuatu face huge competitive challenges, not least the higher costs of doing business. L Alan Winters and Pedro Martins measure the size of their cost disadvantages and explore potential solutions.

This paper has been published as:
'When Comparative Advantage is Not Enough: Business Costs in Small Remote Economies' by L Alan Winters and Pedro Martins,World Trade Review 3(3).