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Can small countries such as Puerto Rico attain economic prosperity?

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Can small countries such as Puerto Rico attain economic prosperity?

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A country s territorial extension, population density and size are not factors which determine wether a country will attain sound economic development. There are plenty of examples which go to show that a small country can become an economic power. Close to one-fourth of the world is composed of countries which have less population than Puerto Rico. Among them, there are some which are poorer than Puerto Rico, but many others such as Luxemburg, Brunei and Singapur are prosperous and wealthy when compared to Puerto Rico. What is important to a country s economic development is wether that country has the capacity to take advantage of its national assests natural, human, political and cultural resources; geograhic location and infrastructure in a creative manner, so as to maximize their potential. What is determinant in an independent nation s quest for economic prosperity is wether that nation can use its sovereign powers to exploit its resources and agree to beneficial treaties with ot

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