Crowding Not a Problem in Monaco

The Principality of Monaco is the most densely populated country in the world and yet has one of the highest standards of living anywhere across the globe. On the other hand, the most sparsely populated country in the world, the Republic of Mongolia, is in pretty poor shape. A new study looks at why no one should be freaking out about over-population and over-crowding. It does not seem to be bar to prosperity. Personally, I would also point out that Monaco is a stable, strong constitutional monarchy whereas Mongolia is a socialist republic still largely controlled by the old communist party. I am certain that plays a part as well.