This book addresses the issues surrounding the prospects of small countries in an integrated, globalized world. The contributors support the thesis that the new global environment does not represent a twilight for small countries, but recognise that the honeymoon has not been as comfortable as others had expected. They demonstrate that by entering the global arena or by consolidating into regional alliances small countries do not 'lose', and may even gain sovereignty in areas previously closed to them.

VLADIMIR BENACEK IES FSV UK FRITZ BREUSS WIFO Austrian Institute of Economic Research, Vienna JOHN D. DANIELS Samuel Friedland Chair, University of Miami CHRISTIAN BELLAK Wirtschaftsuniversität Wien BRANKO MILANOVIC The World Bank IVAN RIBNIKAR Faculty of Economics, University of Ljubljana MATIJA ROJEC Faculty of Social Sciences, University of Ljubljana MARKO SIMONETI CEEPN MARKO REMS CEEPN