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Report 2 small countries are economically viable

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Information about Report 2 small countries are economically viable

Published on March 8, 2014

Author: albert.macia

Source: slideshare.net

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Small countries are economically viable November, 2011

The number of states has experienced a great increase in the last 60 years Evolution of the number of states x 2,6 196 74 1945 Source: “Trade, Growth and the Size of Countries”, Alberto Alesina, Enrico Spolaore, Romain Wacziarg 2011 2

The increase of the international trading is leading to the birth of new economically viable contries Evolution of the number of countries and the internationalisation rate of the econonomy 160 140 0.7 Internationasl trading VS GBD 0.6 120 0.5 100 Number of states (Without Africa subsahariana) 0.4 80 Number of states 0.3 Internationasl trading VS GBD (average of 61 countries) 60 0.2 40 20 0.1 0 0.0 1950 1960 Source : “Trade, Growth and the Size of Countries”, Alberto Alesina, Enrico Spolaore, Romain Wacziarg 1970 1980 1990 3

The Global Competitiveness Report, from the World Economic Forum rates the countries depending on its competitiveness. Twelve pillars of competitiveness  Basic requirements      Efficency factors     Innovation factors   Institutions Infrastructures Macroeconomic environment Health and Education Education and Master Efficiency of the market goods Labor market efficiency Development of the financial market Technological situation Size of the marketing Sophistication of the business Innovation Source: “The Global Competitiveness Report 2011–2012”, Professor Xavier Sala-i-Martin, Columbia University, Chief Advisor of the Centre for Global Competitiveness and Performance. World Economic Forum. Geneva, Switzerland 2011 4

According to the mentioned report, 8 out of 20 Countries with greater competitiveness are European small counties Ranking of the Global Competitiveness Index 2011-2012 Switzerland Singapore Sweden Finland USA Germany Holland Danmark Japan UK Hong Kong Canada Taiwan Qatar Belgium Norway Saudi Arabia France Austria Australia 5.74 5.63 5.61 5.47 5.43 5.41 5.41 5.40 5.40 5.39 5.36 5.33 5.26 5.24 5.20 5.18 The ranking shows that small countries are at least as efficient as the big ones 5.17 5.14 5.14 5.11 Source : “The Global Competitiveness Report 2011–2012”, Professor Xavier Sala-i-Martin, Columbia University, Chief Advisor of the Centre for Global Competitiveness and Performance. World Economic Forum. Geneva, Switzerland 2011 5

The IMD istitute publishes another Ranking where also 8 out of 20 states with great competitiviness are Small European States Ranking of the World Competitiveness Scoreboard 2011 Hong Kong USA Singapore Sweden Switzerland Taiwan Canada Qatar Australia Germany Luxemburg Denmark Norway Netherlands Finland Malaysia Israel Austria China UK Source: “The World Competitiveness Scoreboard 2011”, Lausanne‟s Institute for Management Development 100.0 100.0 98.6 94.1 92.6 92.0 90.8 90.2 89.3 87.8 86.5 86.4 86.3 85.7 84.4 84.1 81.6 81.6 81.1 80.3 6

In 2011, the IMD institute has released a new ranking with the states that are in a better position to overtake the crisis  Denmark is the first one.  Followed by small nations such:   Big States have a worse position in that Ranking:        Qatar, Norway , Hong Kong, Switzerland i Sweden USA: 28th position China: 18th position Brasil: 22nd position Germany: 24th position Japan: 26th position South Corea: 29th position Big states from the Southern Europe drop dramatically in the ranking    France: 44th Italy: 47th Spain: 50th According Prof. Stephane Garelli, head of studies at the IMD:  Small economies are better prepared to thrive and survive during a crisis  ...and manage a more secure financial policy Source: “The World Competitiveness Scoreboard 2011”, Lausanne‟s Institute for Management Development 7

Catalonia is geographically as big as the some of the most competitive European states European countries with similar dimensions of Catalonia (surface on Thousands of km2) Irland Lithuania Latvia Croatia Bosnia Eslovàquia Estonia Denmark Netherlands Switzerland Moldavia Catalonia Belgium Albania Macedònia Slovenia Montenegro Cyprus Source: Wikipedia, 2011 70 65 65 57 51 49 45 43 42 41 34 32 31 29 26 In terms of surface, Catalonia is similar to Denmark, Netherlands, Switzerlan d or Belgium 20 14 9 8

Catalonia has a similar population to the some of the most competitive European states Population of the European States (milions of inhabitants) Germany UK France Italy Spain (including Catalonia) Poland Romania Netherlands Greece Portugal Belgium Czech Republic Hungary Sweden Austria Bulgaria Switzerland Serbia Catalonia Denmark Slovakia Finland Norway Croatia Moldavia Irland Bosnia Lithuania Albania Latvia Macedonia Slovenia Estonia 83.3 61.1 59.8 58.8 45.1 38.6 21.7 16.3 10.6 10.4 10.3 10.3 10.1 9.1 8.2 7.6 7.5 7.5 7.2 5.6 5.4 5.2 4.5 4.4 4.4 4.2 3.8 3.6 3.6 2.4 Catalonia has a population similar to Sweden and Switzerland and greater than Denmark, Finland and Norway. 2.1 1.9 1.4 Note: Including countries with a population greater than 1 Milion people Source: Wikipedia, 2011 9

The smallest European countries have experienced a greater growth compared with the big ones (1/2) Increase of the GBD per capita; Founders of the EU 1979 - 1991 The 3 smallest countries founders of the EU The 3 bigest countries founders of the EU Source: Adam Price (Harvard University) 1992 - 1998 2.0 % 1.7 % 1999 - 2007 2.3 % 1.3 % 2.6 % 1.6 % 10

The smallest European countries have experienced a greater growth compared with the big ones (2/2) European Countries. Growth of the GBD 5% The small states have experienced a greater grow between 2002-2007 States with population between 4,6 and 10,5 million people 4% 3% 2% States with a population greater than 38 milion people 1% 0% 2001 Source: Eurostat 2002 2003 2004 2005 2006 2007 11

EU members recently independent had grown more than twice that the medium value of EU Growth of the GBD Creixement del PIB 9% 8% 7% European Countries recently independent 6% (Czech, Slovakia, Croatia, Latvia, S lovenia, Estonia) 5% 4% 3% European Union Average 2% 1% 0% 2000 Source: Eurostat 2001 2002 2003 2004 2005 2006 12

The smallest countries of the European Union are the ones with greater growth; They are overtaking the crises with a better shape Growth of the European GBD VS Population. 2nd quarter of 2011 4.0% Lithuania The smallest countries have experienced a growth greter than the 0,7% 3.0% Growth of the GBD during 2nd quarter 2011 Latvia 2.0% Estonia Irland 1.0% The biggest countries have experienced a growth below teh 0,3% Finland Austria Sweden Belgium UK Spain Slovakia Italy France 0.0% 0 20 40 60 Germany 80 Population (milions of inhabitants) Source: El Punt-Avui, 19/09/11 13

Summary „SMALL‟ being Will continue being a plus regarding the wealth for the Nations continuarà essent un plus en matèria de riquesa per a les Nacions Jim Mather, ex Minister for Enterprise, Energy and Tourism and until the 2011 election, Member of the Scottish Parliament. Barcelona 21Setembre2011 14

Només amb un Estat propi Catalunya serà econòmicament viable Empresaris per l’Estat propi www.ccncat.cat info@ccncat.cat

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