The Weird and Wonderful Economy of Vatican City

Vatican City, a unique micronation, wields significant global influence through the Roman Catholic Church. Despite its small size and limited economic activities, it plays a crucial role in international relations. The distinction between Vatican City and the Holy See is vital, with the latter acting as a powerful entity under the Pope's leadership. Vatican City's economy relies heavily on international dependencies, with its currency and banking system being central to its operations. The Vatican Bank, despite controversies, manages significant assets. The nation's influence is its greatest asset, impacting global economic forces. While its economy is modest, the church's global reach and coordination of resources are substantial.

What are the implications of Vatican City's status as a non-democratic entity in relation to the European Union?

How does the Vatican Bank operate and what controversies has it faced?

In what ways does the influence of the Catholic Church extend beyond the borders of Vatican City?

What is the significance of Vatican City's GDP per capita in the context of its overall economy?