In global discourse on development, nations are often measured by their vast territories, military strength, robust currencies, and massive international airports. Yet, a tiny European country nestled between Switzerland and Austria defies this traditional understanding.
Liechtenstein, one of the smallest sovereign states in the world, has neither its own international airport nor a national currency. Still, it ranks among the wealthiest countries in terms of per capita income and stands as a model of economic efficiency.
Despite its size, covering just 160 square kilometres, Liechtenstein has built an economic structure that rivals major global economies. It does not operate its own central bank and has adopted the Swiss Franc as its official currency.
This strategic decision has shiel

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