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The Diversification of the Maltese Economy

Author

Listed:
  • Aaron G Grech

    (Central Bank of Malta)

Abstract

The Maltese economy has evolved very rapidly in recent years and has had a much better performance than neighbouring economies. This has coincided with a large decline in the share of industrial activity and the emergence of a large number of new services operators. Understanding whether this development could be long lasting is an important policy question. In this light, this note focuses on three issues: (i) Has the structure of the Maltese economy shifted over time? (ii) Has this shift made the Maltese economy less diversified? (iii) What could be the main macroeconomic effects of this shift?

Suggested Citation

  • Aaron G Grech, "undated". "The Diversification of the Maltese Economy," CBM Policy Papers PP/02/2015, Central Bank of Malta.
    • Handle: RePEc:mlt:ppaper:0215
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    File URL: https://www.centralbankmalta.org/file.aspx?f=1169
    File Function: First version,2015
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    More about this item

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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