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Vassiliou's classic work 5 published in 1962, Hald's 1968 study 6 and Kaminarides
more theoretical work 7
published, with unfortunate timing, in 1973. Such an
approach deals exclusively with economic development in a single political and
economic entity, within internationally recognised and largely natural boundaries 8 .
Unfortunately geo-political reality intervened, leaving subsequent researchers one of
two options. Research can continue this intellectual tradition by dealing exclusively
with one political and economic entity as Christodoulou 9 , Dodd 10 and, to a slightly
lesser extent, Wilson 11
have done. Alternatively, again following the earlier
approach, research could deal with the island as a whole, necessitating analysis of
two very different economic realities. In a speculative and more legalistic sense,
Andreas Theophanous alone has recently done this 12 . The current thesis attempts to
offer some background and some more analysis along the road to justifying contrary
conclusions to those offered by Theophanous. However, Theophanous has opened
the way to viewing Cypriot economic development in a comparative context, asking
5 Meyer A.J. & Vassiliou S. 1962. The Economy of Cyprus. Cambridge: Harvard University Press.
6 Hald M.W. 1968. A Study of the Cyprus Economy. Nicosia: Printing Office of the Republic of
Cyprus.
7 Kaminarides J.S. 1973. The Cyprus Economy: A Case in the Industrialisation Process. Nicosia:
Socrates Publishing Company.
8 The Treaty of Establishment provided that Britain retain perpetual sovereignty over 256 sq.
kilometres of the island's territory (British Sovereign Base Areas - SBA's) and reserved rights over
15 other areas including water sources and off base radar and intelligence gathering installations. The
SBA's are British Dependent Territories and the Commander of British Forces in Cyprus has
executive and legislative authority.
9 Christodoulou 1992. op. cit.
10 Dodd C.H. (ed.) 1993. The Political. Social and Economic Development of Northern Cyprus.
Huntingdon: Eothen Press.
11 Wilson R. 1992. Cyprus and the International Economy. Basingstoke: Macmillan.
12 Theophanous, A. 1996. The Political Economy of a Federal Cyprus. Nicosia: Intercollege Press.
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