Development in Independent Sri Lanka: What Went Wrong?
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Date
2000
Authors
Journal Title
Journal ISSN
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Publisher
Sameeksha
Abstract
Independent Sri Lanka's failure to live up to its initial promise in the area of economic development could be attributed inter alia to: (a) a foreign-exchange crisis which persisted till 1977 because the exigencies of electoral politics bound the country to welfare-oriented, inward-looking policies; and (b) the eruption of conflict between the two main communities as of 1983.
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Keywords
Liberalization, Economic liberalism, Economic policy, Economic development