Tarmo Kalvet, Senior Research Fellow, Tallinn University of Technology, Tallinn, Estonia
The seminar discusses if small states can be considered weak states. Further, successes/failures of small states in the world economy are looked at. Two major schools of thought are elaborated – democratic corporatism and the concept of vulnerability and resilience. Finally, changes in the international economy and challenges to existing theories are discussed.
1) Handel, M.I. 1981. Weak States in the International System. London: F. Cass. 149-183.
2) Kattel, R., T. Kalvet and T. Randma-Liiv. 2010. Small States and Innovation. In: R. Steinmetz and A. Wivel (eds.) Small States in Europe: Challenges and Opportunities. Aldershot: Ashgate, 65-86.