Economically highly developed countries of Western Europe

These include: Switzerland, Austria, Belgium, the Netherlands, the Scandinavian countries, Finland.

Due to their favorable geographical position, using a high level of skilled labor and accumulated own and attracted capital from all over the world, these countries have reached a very high level of development of productive forces. Their per capita indicators exceed those in the countries of the “big seven”. However, these countries have a narrower specialization in MRI, which is primarily due to the lack of natural and labor resources. A few corporations in these countries extend their influence to the whole world, and at the same time, they direct up to half of their products to external markets, and from there they receive 3/4 of the necessary raw materials and food.

In these countries, such non-productive sectors as: intermediary trade; banking; representation services; tourism; medical services and others.

A subtype of “small highly developed countries” are the mini-states of Western Europe – Luxembourg, Iceland, Monaco, Liechtenstein and others.

They differ from other “privileged nations” by a very small population and an even narrower specialization in MRI. As a rule, one or two branches of the economy develop here. Consequently, the dependence of these countries on imports and exports is even higher.