Micro States Economics. The MIRAB and SITE/PROFIT Model in European Small States : Grin Verlag : 9783668543461 : 3668543461 : 08 Nov 2017 : Seminar paper from the year 2017 in the subject Economics - International Economic Relations, grade: 1,7, University of Göttingen, course: Micro States (Seminar), language: English, abstract: Being socioeconomically successful is a task in itself. However, being socioeconomically successful as a Small State seems to be a more difficult task. If you look at the gross domestic product per capita you might not find a correlation between a low GDP per capita and the smallness of a state. If you take a look at the GDP in absolute numbers you will find a correlation. GDP figures often cover up economic troubles which Small States experience. The problem consists in the higher vulnerability of Small States, in general and economic terms. Briguglio has pointed out how smallness hampers economic growth and/or makes it dependant on others. To give some examp