Malta: Recent Economic Developments

International Monetary Fund

No 1995/052, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Malta during 1990–95. The paper presents an overview of some of the main structural policies and describes recent developments in the domestic economy. It notes that, whereas policies have favored private initiative, the government has retained a significant presence in the economy both through its direct control of resources and through an active industrial policy. The policy mix has helped to accentuate certain trends in the structure of output since 1987: in particular, the importance of services has continued to grow at the expense of manufacturing.

Keywords: ISCR; CR; exchange rate; central bank; current account; foreign exchange; private sector; Maltese lira; banking system; Imports; Public sector; Exports; Commercial banks; Europe (search for similar items in EconPapers)
Pages: 145
Date: 1995-06-08
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