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Large countries have bigger internal markets, allowing more specialisation and returns to scale.
There is money to be made, Mr Urban believes, from more specialisation.
These countries hope that more bilateral agreements will enable more specialisation.
The idea – one championed by Margaret Thatcher in the 1980s – is that creating a larger market should encourage more competition, more economies of scale, more specialisation, and ultimately higher productivity and economic growth.
"The need in master's training is mostly not for a master's programme providing more depth and more specialisation, but one that actually gives our students a broader range of skills," he says.
More advanced training, however, means more specialisation, so mathematicians with a postdoc may have more difficulty finding employment than those with less training, unless they have a speciality that is rare and in demand.
Similar(52)
Later, this trend reversed and specialisation fell notwithstanding the fact that America is today more specialised than Europe.What happened?
Early specialisation might allow us to compete in the ever more specialised labour market, but it equips us for nothing else.
18 While the investigators found no improvement in outcomes among the more specialised group of hospitals, about 84% of the hospitals were classified as "low specialisation," with only 1.8% of the hospitals being classified as "high specialisation".
When barriers to trade are high, a bigger domestic market allows for more internal specialisation.
We live in a world where academic research has fragmented into ever more minute specialisation and where mass-marketised higher education means teaching has become, too often, a matter of processing students through examinations.
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