Submitted Assignment from the year 2019 in the subject Business economics - Economic Policy, grade: 80.00, University of Malta (Department of Social Policy), course: B.A. (Hons) Social Wellbeing Studies, language: English, abstract: The social security system is aimed towards supporting residents by providing them with financial support as well as maintaining their overall wellbeing and protecting them from poverty. In the Maltese scenario this system is regulated under Chapter 318 of the Laws of Malta. Social security benefits are important in society as they support residents and vulnerable groups from becoming financially deprived. Yet, I personally feel that more monitoring needs to be adopted in order to ensure that such benefits are really going to people who need them rather than to those who do not. The government spends a lot of money in this area and residents contribute to be entitled for certain benefits, so it is important to ensure that the right people are receiving these benefits.

At head of title on cover: Case history.

The island of Malta, a nonaligned power, received full independence from Great Britain in 1964. Malta's consequent classification as a developing nation compelled its government to initiate many changes in its political, social, and economic ideologies. Central to its efforts for redevelopment was a stronger emphasis on expansion of its international educational environment, which included vocational, technical, and academic training. The island has continued to prepare and maintain itself to accommodate the emerging multinational business community, recognizing the importance and impact it would have on the country's future. In post-secondary education, emphasis was placed on career-oriented (work-study) programs, and included the mastery of four foreign languages. In its search for economic, social, and political stability, Malta's destiny was strongly influenced by situational factors--societal, cultural, religious, foreign, and political. Viewing Malta as a case study, this volume sheds light on the functioning of an educational system in a developing nation, demonstrates education's role in improving a nation's socioeconomic system, and supports economic theories that maintain that investment in education is a natural tool for economic development. It also provides information on approaches and techniques other countries use to resolve their educational problems and adds to the knowledge of international and business education.

The book presents a multifaceted analysis of the social security system in the Balkan states and offers a comprehensive overview and recommendations on social problems in the region.

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, including attending to the conflicting demands of environmental conservation and economic development.