The Economy of Modern Malta: From the Nineteenth to the Twenty-First Century

ISBN-13: 9781137565976 / Angielski / Twarda / 2016 / 384 str.

Paul Caruana Galizia

Opis

By extending coverage up to the present, the book explains how one of the world's smallest nation-states achieved lasting economic development, quintupling its per capita income level since 1970, when many other postcolonial and advanced economies stagnated.

Spis treści

1. Introduction: Development in the Long Run

Economics and Maltese History

Development under Colonialism

Critique of Colonial Rule

The Colonial Economy in Comparative Perspective

Development in Post-Colonial Malta

2. Agriculture, 1800-1964

Geographical Setting

Agricultural Output and Productivity

Agriculture during World War II

Attempts at Agricultural Modernization

Land and Labor in Agriculture

3. Trade and Industry, 1800-1938

The Role of the Colonial Government

Deindustrialization and the Fate of Cotton Handicrafts

Manufacturing Failure

British Military Expenditure and the Dockyards

The Entrepôt: Coaling, Shipping, and Banking

Industrial Diversification in the Interwar Period

4. The State and the Economy, 1938-1986

The Costs of World War II

Reconstruction and Early Development Planning

Independence Planning and Industry

Consolidating State Control

5. The Liberal Age, 1987-Present

Malta’s Liberal Transition: When and Why?

Inequality and Welfare

Globalization and Liberalization

Structural Change

6. Final Remarks

Economic Institutions in Contemporary Malta

O autorze

Paul Caruana Galizia is a Marie Curie Early-Career Fellow in the Institute of Economic History at the Humboldt University of Berlin, Germany. He is also the author of Mediterranean Labor Markets in the First Age of Globalization.

Blurb

This book provides the first wide-ranging account of the Maltese economy in the modern era, from colonialism to European Union membership. It sets arguments about growth and development, and the impact and legacy of colonization, against detailed histories of agriculture, manufacturing and trade, and different economic policy regimes. It is based on volumes of newly collected archival evidence and the latest thinking in economic history. By extending coverage up to the present, the book explains how one of the world's smallest nation-states achieved lasting economic development, quintupling its per capita income level since 1970, when many other postcolonial and advanced economies stagnated.