Development of Sri Lanka's Economy Since Independence in 1948 - Focusing on Trade Balance and Exchange Rate Movements
Download or Read eBook Development of Sri Lanka's Economy Since Independence in 1948 - Focusing on Trade Balance and Exchange Rate Movements PDF written by R. P. C. R. Rajapakse and published by . This book was released on 2016 with total page 23 pages. Available in PDF, EPUB and Kindle.
Author | : R. P. C. R. Rajapakse |
Publisher | : |
Total Pages | : 23 |
Release | : 2016 |
ISBN-10 | : OCLC:1305916443 |
ISBN-13 | : |
Rating | : 4/5 (43 Downloads) |
Book Synopsis Development of Sri Lanka's Economy Since Independence in 1948 - Focusing on Trade Balance and Exchange Rate Movements by : R. P. C. R. Rajapakse
Book excerpt: 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.