Hi Jacob,

Sounds interesting. Can you say a little more about it?

I have an interest in compare countries because I research economic development. A new and innovative method is always good.

Interesting. At the same time, there is always an upside to higher risks(one way to think about vulnerability). One possible upside is the potential of reaping high growth and faster returns, as smaller countries adjust faster to changes. Especially disruptive innovations. Perhaps in this sense your approach allows for a measurement for innovative tendencies of small nation's, the premise being having to innovate in order to surmount the vulnerabilities they face.

Small states may be as complex as large ones. Multi-layered complexities at the small state level may warrant the use of multiple methodologies.

Article The Economics of Small States; Observations from Scotland - a Comment

We can try to implement when we start a work on a new edited collection or a special issue. I will be sure to keep you posted. Best, Petar

Jacob, just saw this comment. Absolutely relevant. One of the comments I got from the referees is that my paper at this point is not clustering countries. For this project, that was the point; however, I want to further investigate this, so your analysis seems like a good angle to this. What email address you are using? Lets talk further

Thank you all for your comments. You can reach me further at [email protected]

This topic is extremely relevant. This would be an interesting and helpful addition to this literature. There are some works from UWI on this issue, but I have not seen it done with this methodology. Looking forward to seeing it in print.