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Given the small size of the Maltese economy, Malta is considered auto saksasta 'small open economy'. Open economy needs an economic policy different from a closed economy. Against the South American countries have been practicing that should tell'import substitution policy that encourages close import markets thereby auto saksasta allowing them to produce those items themselves, the plan Development auto saksasta of the Prime Minister Mintoff for years 1973-1979 was not based on this policy. All resources that could earn the country, Mintoff wanted literally build them to Malta to machine production to export to abroad. Both the manufacturing factories, as well as maritime services including repair and shipbuilding and'freeport 'were aimed at exporting to international markets and not to the small market of country . By exporting country could earn foreign money to use them to invest, buy oil and buys which goods from abroad for consumption Maltese.
Trade was seeing that many importers were monopolistic or restrictive trade to thrive in the sense of lack of fair competition. Today the European Union is much against these'sole Agencies and push governments to open up and allow competition. Although this policy was not popular at that time, reasoning that if he Mintoff still a monopoly, government and is best enjoyed by everyone. Then worked for the government this trade could make himself a gain for the consumer and the "box of Malta". The class struggle was fierce because these rich and powerful families felt that the government confiscated their job. Therefore his fight was against the importers and not against anyone in'business.
For those who were'business and wanted to produce for the local market was jitrattahom otherwise. At the time knew that these families which held that sort of Maltese manufacturing, auto saksasta is targeted only for the local market, not reach far beyond the pressing of the grapes auto saksasta to make the wine, the production of foodstuffs, including confectionery, pasta, salt and pepper, the matches, wax and wood work. The machines were primitive, almost all hand, and not conducive to exports or employment of hundreds of people. That is why the policy of development of Mintoff was aimed at manufacturing of large companies of foreign owners that their markets were abroad. These owners when investing have produced auto saksasta a package that includes foreign investment, know-how of doing the product, training of personnel, R & D, and foreign markets had already. Often they were subsidiaries of international companies. It is noteworthy that these companies have enjoyed a treaty of association that was made with the European Common Market by the previous government.
The policy of so called "import substitution auto saksasta is based on the economic policy argument called 'infant auto saksasta industry'. It states that where the people of underdeveloped auto saksasta countries must tħajjru jindustrijalizza necessarily want to protect auto saksasta it during its infancy. As tree when small, yet p