Small Country's Destiny Revisited: the Case of Luxembourg
The main street of Luxembourg City looked rather deserted on a cold wintry weekend, with windchill sending temperatures down to negatives even on the Fahrenheit scale. Yet, the wealth of the tiny Western European country could not have been more evident. Luxury cars from the "normal" Mercedes, BMW, and Audi to the more flashy Lamborghini are ubiquitous, yet blending in with the old town with visual evidence of ducal glory dating from the 8th century in a perfect mix of tradition and modernity . In a continent dominated by wars among major powers, the tiny country somehow survived AND became its wealthiest... Even as tourists quickly poke fun at the description coded by UNESCO at the World Heritage-listed Luxembourg Old Town proclaiming the country to "have played significant role in European history," in terms of defining what the existence of micro-states means in the modern era, the millennium-old living example of Luxembourg is perhaps playing a very significa