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Macroeconomic Policy Frameworks of Small States

Macroeconomic Policy Frameworks of Small States

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Malta's socio-economic successes have been remarkable. Key policy decisions have enabled this small island state to cope with its inherent vulnerabilities. This book reviews the implementation of macroeconomic policies in Malta, identifying the key issues, lessons learnt and best practices which could be adapted by other small states. It also sets out the country's challenges for the future, which include managing a huge fiscal deficit, a high unemployment rate and attending to the conflicting demands of environmental conservation and economic development.

Preface
The Country Profile
Introduction
Fiscal Policy Framework
Part I - Key Issues and Lessons Learnt
Part II Fiscal Policy Strategies in Small States
Monetary Policy Framework
Part I - Key Issues And Lessons Learnt
Part II - Monetary Policy Strategies, Targets, Instruments, Transmission Mechanism, For
Addressing The Most Common Shocks Facing The Small States
Part III- Country Case Studies

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