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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.
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.
1. Introduction: Development in the Long Run.- 2. Agriculture, 1800-1964.- 3. Trade and Industry, 1800-1938.- 4. The State and the Economy, 1938-1986.- 5. The Liberal Age, 1987-Present.- 6. Final Remarks.
