In global discussions on development, nations are often judged by their vast landmasses, military power, strong currencies, and large international airports. Yet, a small European country nestled between Switzerland and Austria challenges this conventional understanding.

One of the world's smallest sovereign countries, Liechtenstein has neither its own international airport nor a national currency. Nevertheless, it ranks among the wealthiest countries in terms of per capita income and stands as a model of economic efficiency.

Despite its size, which covers just 160 square kilometers, Liechtenstein has built an economic structure that rivals the world's major economies. It does not have its own central bank and has adopted the Swiss franc as its official currency.

This strategic decision

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