The Liberal Age, 1987–2008

Paul Caruana Galizia
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Paul Caruana Galizia: Humboldt-University of Berlin

Chapter Chapter 5 in The Economy of Modern Malta, 2017, pp 305-365 from Palgrave Macmillan

Abstract: Abstract This chapter covers the liberalization, or reglobalization, of Malta’s economy from 1987 onwards, when the country’s economic institutions went from an inward to outward orientation in the run-up to European Union (EU) membership. The chapter covers the root-and-branch overhaul of the economy that this process required. The change is shown by detailed analyses of individual sectors and policies. It looks at the effect of trade liberalization in inequality and welfare, and on structural change, particularly the shift towards a more financial economy.

Keywords: European Union; International Monetary Fund; Small Open Economy; Public Sector Employment; Service Export (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-1-137-56598-3_5

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DOI: 10.1057/978-1-137-56598-3_5

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