Author: R. P. C. R. Rajapakse
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
Book Description
Sri Lanka has taken several steps towards the development of the financial sector of the country, with the objective of achieving both internal and external stability. Specially, after the economic liberalization 1977, several new financial institution were created and steps were taken to develop the financial markets. However these markets are in their infancy and measures needed to be taken to develop them to the extent that they will help provide capital for the local enterprises. The exchange rate was changed from a fixed peg to a managed float and finally to a free float ,with a view to achieving a realistic level for the rupee that would encourage exports from the country.
Development of the Financial System of Sri Lanka Since Independence in 1948
Author: R. P. C. R. Rajapakse
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
Book Description
Sri Lanka has taken several steps towards the development of the financial sector of the country, with the objective of achieving both internal and external stability. Specially, after the economic liberalization 1977, several new financial institution were created and steps were taken to develop the financial markets. However these markets are in their infancy and measures needed to be taken to develop them to the extent that they will help provide capital for the local enterprises. The exchange rate was changed from a fixed peg to a managed float and finally to a free float ,with a view to achieving a realistic level for the rupee that would encourage exports from the country.
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
Book Description
Sri Lanka has taken several steps towards the development of the financial sector of the country, with the objective of achieving both internal and external stability. Specially, after the economic liberalization 1977, several new financial institution were created and steps were taken to develop the financial markets. However these markets are in their infancy and measures needed to be taken to develop them to the extent that they will help provide capital for the local enterprises. The exchange rate was changed from a fixed peg to a managed float and finally to a free float ,with a view to achieving a realistic level for the rupee that would encourage exports from the country.
Sri Lanka's Development Since Independence
Author: W. D. Lakshman
Publisher: Nova Publishers
ISBN: 9781560727842
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Social, political, economic and constitutional developments are considered as well as the evolution of science and arts in the development process. This is in accordance with the Sri Lankan tradition of seeing the world as a connected whole."--BOOK JACKET.
Publisher: Nova Publishers
ISBN: 9781560727842
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Social, political, economic and constitutional developments are considered as well as the evolution of science and arts in the development process. This is in accordance with the Sri Lankan tradition of seeing the world as a connected whole."--BOOK JACKET.
Development of Sri Lanka's Economy Since Independence in Focusing on the Trade Balance and Exchange Rate Movement 1948
Author: R. P. C. R. Rajapakse
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
Book Description
At the time of Independence in 1948, Sri Lanka's economy was highly dependent on international trade, but concentrated on exporting few agricultural product exports , hence experiencing balance of payment problems. For the past fifty years Sri Lanka was experiment ground for different economic policy packages. For the first three decades after independence the focus was on import substitution.Once the limitations of such policy for development was identified, and influenced by the Asian success stories, Sri Lanka decided to focus on export oriented industrializationfrom1977. After two decades, the country has identified several weaknesses in the economy that had prevented her from achieving rapid economic growth. Although the manufacturing sector has shown considerable growth, the high import dependency of the industry has resulted in low value addition. While creating small scale industry with forward linkages to the manufacturing industry the country should make an effort to attract foreign capital as well as technology that is necessary to create a strong industrial base.
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
Book Description
At the time of Independence in 1948, Sri Lanka's economy was highly dependent on international trade, but concentrated on exporting few agricultural product exports , hence experiencing balance of payment problems. For the past fifty years Sri Lanka was experiment ground for different economic policy packages. For the first three decades after independence the focus was on import substitution.Once the limitations of such policy for development was identified, and influenced by the Asian success stories, Sri Lanka decided to focus on export oriented industrializationfrom1977. After two decades, the country has identified several weaknesses in the economy that had prevented her from achieving rapid economic growth. Although the manufacturing sector has shown considerable growth, the high import dependency of the industry has resulted in low value addition. While creating small scale industry with forward linkages to the manufacturing industry the country should make an effort to attract foreign capital as well as technology that is necessary to create a strong industrial base.
Development of Sri Lanka's Economy Since Independence in 1948 - Focusing on Trade Balance and Exchange Rate Movements
Author: R. P. C. R. Rajapakse
Publisher:
ISBN:
Category :
Languages : en
Pages : 23
Book Description
At the time of independence in 1948, Sri Lanka's economy was highly dependent on international trade, but concentrated on exporting few agricultural product exports, hence experiencing balance of payment problems. For the past fifty years Sri Lanka was experiment ground for different economic policy packages. For the first three decades after independence the focus was on import substitution. Once the limitations of such policy for development was identified, and influenced by the Asian success stories, Sri Lanka.
Publisher:
ISBN:
Category :
Languages : en
Pages : 23
Book Description
At the time of independence in 1948, Sri Lanka's economy was highly dependent on international trade, but concentrated on exporting few agricultural product exports, hence experiencing balance of payment problems. For the past fifty years Sri Lanka was experiment ground for different economic policy packages. For the first three decades after independence the focus was on import substitution. Once the limitations of such policy for development was identified, and influenced by the Asian success stories, Sri Lanka.
Economy of the Conflict Region in Sri Lanka
Author: Muttukrishna Sarvananthan
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116
Book Description
Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
The Sri Lankan Economy
Author: Prema-chandra Athukorala
Publisher: Asian Development Bank
ISBN: 9292579746
Category : Business & Economics
Languages : en
Pages : 291
Book Description
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
Publisher: Asian Development Bank
ISBN: 9292579746
Category : Business & Economics
Languages : en
Pages : 291
Book Description
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
Economic Progress of Independent Sri Lanka
Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Book Description
This Publication Has Been Prepared By A Team Of Research Officers Of The Central Bank Of Sri Lanka On The Occasion Of The Fiftieth Anniversary Of Independence. After 50 Years, Sri Lanka Has Been Able To Diversify The Economy Substantially, With Strong Industrial And Services Sectors And A Dynamic Export Base.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Book Description
This Publication Has Been Prepared By A Team Of Research Officers Of The Central Bank Of Sri Lanka On The Occasion Of The Fiftieth Anniversary Of Independence. After 50 Years, Sri Lanka Has Been Able To Diversify The Economy Substantially, With Strong Industrial And Services Sectors And A Dynamic Export Base.
Macroeconomic Policies, Crises, and Growth in Sri Lanka, 1969-90
Author: Prema-chandra Athukorala
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
This Time Is Different
Author: Carmen M. Reinhart
Publisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513
Book Description
An empirical investigation of financial crises during the last 800 years.
Publisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513
Book Description
An empirical investigation of financial crises during the last 800 years.