Sri Lanka's Post-conflict Development Challenge: Learning from the Past

Prema-chandra Athukorala

Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics

Abstract: The end of the ethnic conflict in Sri Lanka in 2009 generated widespread expectations of a period of sustained economic growth, building on the achievements of the liberalisation reforms sustained over three previous decades. However, recent developments have dampened that optimism, rekindling fears that Sri Lanka's tale of missed opportunities may continue. The analysis in this paper suggests that return to the failed past policies of inward-oriented development strategies offers no viable solutions for the economic problems confronting Sri Lanka.

Keywords: Sri Lanka; ethnic conflict; economic growth; trade liberalization; foreign debt (search for similar items in EconPapers)
JEL-codes: F34 F52 O11 O53 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2014
New Economics Papers: this item is included in nep-ger
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Persistent link: https://EconPapers.repec.org/RePEc:pas:papers:2014-05

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