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It-teorema ta’ Ronald Coase
F’Dan l-artiklu xtaqt nagħti ġieh lir-rebbieħ tal-Premju Nobel fl-Ekonomija Ronald Coase, li miet biss ftit jiem ilu fl-età ta’ 102. Dan mhux rilevanti sempliċiment għax għex ħajja twila u sabiħa, imma għax kien ekonomista ta’ fama mondjali, kif ukoll rebbieħ ta’ premju prestiġjuż li kiseb għall-kontribut tiegħu fil-qasam tax-xjenza tal-ekonomija. Xtaqt ngħamillu ġieħ mhux għax…
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Stabbiltà makro-ekonomika
Ftit jiem ilu, ippreżentajt id-dokument ta’ qabel il-baġit, li kull Ministru tal-Finanzi jippreżenta għall-pubbliku u għall-imsieħba soċjali kull sena madwar xahrejn qabel ma jitressaq il-baġit proprju fil-Parlament. Dan isir biex ikun hemm konsultazzjoni wiesgħa man-nies, mal-‘stake holders’, dawk li jimpjegaw il-ħaddiema kif ukoll dawk li jirrapreżentaw lit-trejd unjins. Dan il-proċess konsultattiv jirrapreżenta parti essenzjali minn…
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Deficit aim ‘credible’
The Government decided to raise the target deficit for 2013 from 1.7 to 2.7 per cent to be more credible and realistic in its projections and would now have to face the European Commissioner to give him a detailed explanation of the €70 million increase in expenditure, which inevitably affected the deficit. “The Government…
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From ‘good performer’ to laggard
Only four years ago an EU official had gone on record saying that Malta had managed to learn the ropes of a complicated and highly bureaucratic system very well and was performing much above its weight. He was referring to the absorption of funds under the 2000-2006 financial programme. It was a nice compliment that…
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Cyprus: a lesson for life
There is nothing more undignified than the sight of a bankrupt person begging for assistance. The contrasts between the cosy and sometimes sumptuous living before the event and the state of helplessness and destitution soon after are stark indeed. While generous persons may come forward to offer their help, they know in their heart of…
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THE ECONOMY, PUBLIC FINANCE AND THE ELECTIONS
One tends to recall that the economy and elections are very much related. The famous statement “the economy stupid” was coined with this in mind. Leaders of contesting political parties can only ignore the economy at their own peril argues Prof Edward Scicluna. Let’s unearth why… Incumbent governments know how important it is to face…
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Our Plan for Economic Growth
There is no doubt that, since the Second World War, it has been the desire of every parent that his or her children should enjoy a better life than he or she had. Back before the early industrial revolution, in an agrarian society, dire poverty was accepted as a way of life. The poor, or…
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Nibqgħu sereni
Naħseb li kulħadd semagħha l-aħbar tal-ispeċjalista tal-qalb fl-isptar ġenerali tagħna li nnota li n-numru ta’ persuni deħlin bi problemi ċirkulatori u tal-qalb qed jiżdied sew tul din-il-kampanja elettorali twila. Jien ukoll ħadt nota tagħha, forsi bħal kulħadd, bi tbissima. Imma meta żżur il-familji fi djarhom u tarahom inkwetati ma tibqax xi ħaġa tad-daħk. In-nies huma…
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Il-pjan tagħna għat-tkabbir ekonomiku
MIT-TIENI gwerra ’l hawn l-aspirazzjoni ta’ kull ġenitur ta’ familja hi li t-tfal tiegħu jgħixu ħajja aħjar minnu. Din ma seħħietx qabel, speċjalment qabel ir-revoluzzjoni industrijali, għaliex f’dinja agrarja kont taqlagħha u tikolha. U min kien fqir kien irrassenjat li jibqa’ hekk u min kien sinjur ippretenda l-istess. Bil-makkinarju wieħed seta’ jinqala’ minn ħofra ta’…
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L-ekonomija ma tkejjilhiex fuq għajnejk
NIFTAKAR żmien ilu meta xi ħbieb tiegħi l-għada tal-‘meetings’ politiċi waqt kampanja elettorali kienu joqogħdu jxebbħu r-ritratti kbar li jiġu ppubblikata fuq il-ġurnali lokali biex jaraw liema partit kellu l-iżjed nies li attendew. Dan kienu jagħmluh biex irabbu l-kuraġġ li se jirbħu l-elezzjoni ta’ dak iż-żmien. Illum nafu li dan ma jgħodd xejn għax fil-verità…