Lessons From the Political Economy of Small Islands e-bog

Small islands often enjoy a distinct juridical personality. Many, whether fully sovereign or not, successfully deploy this "e;gift of jurisdiction"e; to economic advantage, offsetting the potentially adverse effects of smallness, isolation and peripherality. These legal powers, reflected in supportive policy and culture, are themselves key economic resources in a development strategy. Globalization can be richly asymmetrical, offering lucrative opportunities for differentiation and nice strategies for small island jurisdictions. This book documents such lessons from a most unlikely group of North Atlantic Islands.