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Introduction: Development in the Long Run

In: The Economy of Modern Malta

Author

Listed:
  • Paul Caruana Galizia

    (Humboldt-University of Berlin)

Abstract

This chapter makes the case for a wide-ranging, empirical account of Maltese modern economic history. It shows that many of the institutions and industries that define success or failure in the modern economy are directly linked to past legacies, particularly colonialism. This chapter then develops a discussion of Malta’s long-run development around the following aggregate measures of welfare: real wages, per capita GDP, and population growth. It compares these measures to other colonial and developed economies to provide an assessment of Malta’s progress, and an assessment of the consensus critique of colonial rule. It concludes with a survey of development in post-colonial Malta.

Suggested Citation

  • Paul Caruana Galizia, 2017. "Introduction: Development in the Long Run," Palgrave Studies in Economic History, in: The Economy of Modern Malta, chapter 0, pages 1-38, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-1-137-56598-3_1
    DOI: 10.1057/978-1-137-56598-3_1
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