Why do some microstates, especially those in Europe, tend to be immensely wealthy? e.g. Monaco, Singapore, San Marino

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Why do some microstates, especially those in Europe, tend to be immensely wealthy? e.g. Monaco, Singapore, San Marino

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Anonymous 0 Comments

Singapore got built up as a British colony, got its independence while the Brits were otherwise occupied, and managed both prosperity and an enticing tax code through revenue of its sea post (for years, the busiest in the world thanks to its incredibly strategic placement).

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