Funny to see this on the first page of HN (I'm Maltese, although living in the US now).
Lots of truth in what he said... Malta has not done badly at all since independence but Singapore is a tough one to compare to. Currently Malta's GDP per capita stands at $33k or so which is certainly nothing to sneeze at, but still around half of Singapore's.
Interesting too that history repeats itself. Back then it was the Suez Canal crisis and now it's this:
Lots of truth in what he said... Malta has not done badly at all since independence but Singapore is a tough one to compare to. Currently Malta's GDP per capita stands at $33k or so which is certainly nothing to sneeze at, but still around half of Singapore's.
Interesting too that history repeats itself. Back then it was the Suez Canal crisis and now it's this:
https://timesofmalta.com/articles/view/freeport-talks-client...