Too Small to Fail: Why Small Countries are Outperforming Larger Ones and What Lessons can be Learned

CID Student Ambassador Hubert Wu interviews James Breiding, Research Associate at CID on his upcoming book "Too small to fail: why small countries are outperforming larger ones and what lessons can be learned". Recorded on November 18th, 2016. ‘Too Small to Fail’ analyzes a number of successful countries that have created virtues out of their physical limitations. It attempts to understand what they do differently and why they seem to do it better. Why are they better-educated, more egalitarian, and wealthier? R.James Breiding is the author of Swiss Made - The Untold Story behind Switzerland's Success. Published in 10 languages and offered by 50 Swiss ambassadors as a diplomatic gift, ‘Swiss Made’ has become the most authoritative work on Swiss socio-economic history. Mr. Breiding is a graduate of IMD Lausanne and the Harvard Kennedy School. He has been selected as a fellow by Harvard University's Center for International Development in connection with his research on Swiss Made. His work has been widely published in publications like the Economist, the Financial Times, the Wall Street Journal, and the New York Times, etc. He worked as a chartered accountant and senior manager at Price Waterhouse Coopers; a director at NM Rothschild + Sons; and managing director at Templeton Investment. He founded, with the assistance of Sir John Templeton and other prominent investors, Naissance Capital, a Swiss ‘boutique’ Investment firm. He is a Swiss citizen.

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Incredible progress has been made throughout the world in recent years. However, globalization has failed to deliver on its promises. As problems like unequal access to education and healthcare, environmental degradation, and stretched finances persist, we must continue building on decades of transformative development work. The Center for International Development (CID) is a university-wide center based at the Harvard Kennedy School that seeks to solve these pressing development problems—and many more. At CID, we believe leveraging global talent is the key to enabling development for all. We teach to build capacity, conduct research that guides development policy, and convene talent to advance ideas for a thriving world. Addressing today’s challenges to international development also requires bridging academic expertise with practitioner experience. Through collaborative, in-country partnerships, CID’s research programs, faculty, and students deploy an analytical framework and context-dependent approaches to tackle development problems from all angles, in every region of the globe.