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| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Schembri, Lawrence | - |
| dc.date.accessioned | 2020-10-13T06:25:27Z | - |
| dc.date.available | 2020-10-13T06:25:27Z | - |
| dc.date.issued | 2008 | - |
| dc.identifier.citation | Schembri, L. (2008). Macroeconomic stability and economic resilience in small states: the role of macroeconomic policies. In L. Briguglio, G. Cordina, N Farrugia, & C. Vigilance (Eds.), Small states and the pillars of economic resilience (pp. 37-58). Msida: University of Malta. Islands and Small States Institute & London: The Commonwealth Secretariat | en_GB |
| dc.identifier.isbn | 978-99909-49-24-7 | - |
| dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/61629 | - |
| dc.description.abstract | This chapter examines the role of macroeconomic stability in building economic resilience and considers which public policies are best suited towards this end, especially in small states. The paper argues that small states have difficulty achieving stable economic growth principally because they are highly exposed to external shocks. In this regard, economic resilience is an important and useful concept as it relates to the capacity of small states to respond to such shocks. The main argument put forward in this chapter is that fiscal deficits must be prudently managed to ensure that the path for public debt is sustainable; otherwise other macroeconomic policies will be undermined. | en_GB |
| dc.language.iso | en | en_GB |
| dc.publisher | University of Malta. Islands and Small States Institute & The Commonwealth Secretariat | en_GB |
| dc.rights | info:eu-repo/semantics/openAccess | en_GB |
| dc.subject | Macroeconomics -- Case studies | en_GB |
| dc.subject | Economics -- Legal aspects | en_GB |
| dc.subject | Environment -- Economic aspects | en_GB |
| dc.subject | Sustainable development | en_GB |
| dc.subject | States, Small -- Economic aspects | en_GB |
| dc.title | Macroeconomic stability and economic resilience in small states : the role of macroeconomic policies | en_GB |
| dc.title.alternative | Small states and the pillars of economic resilience | en_GB |
| dc.type | bookPart | en_GB |
| dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder | en_GB |
| dc.description.reviewed | peer-reviewed | en_GB |
| Appears in Collections: | Small states and the pillars of economic resilience | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Macroeconomic_stability_and_economic_resilience_in_small_states.pdf | 407.61 kB | Adobe PDF | View/Open |
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