Economic Reforms and Growth Experiences: A Comparative Study of China and Sri Lanka

P.M. Bandula Jayathilake
Additional contact information
P.M. Bandula Jayathilake: Department of Business Management, Faculty of Management Studies, Rajarat University of Sri Lanka, Mihintale, Sri Lanka

International Journal of Management Science and Business Administration, 2015, vol. 1, issue 5, 30-37

Abstract: China has achieved extraordinary economic growth and development in last three decades since launch of open economic policy in 1978. Sri Lanka restructured its economy in 1977 as well, with aspiration of achieving sustainable economic growth and development. However, the growth performance of Sri Lanka since the initiation of the reforms has been relatively low and falling behind on many of fronts relative to the Chinese performance indicators, whereas the initial characteristics of the two countries and reforms are mostly comparable. This paper basically aimed to investigate the factors influencing the creation of the gap in growth performance between China and Sri Lanka over the past three decades after their economic reforms. The findings show that attraction of foreign direct investment, governance related factors and approaches used in the post reforms period are more vital in driving divergence in growth performance between the two countries.

Keywords: China; Economic Growth; Economic Reforms; Sri Lanka (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://researchleap.com/wp-content/uploads/2015/04 ... na-and-Sri-Lanka.pdf
http://researchleap.com/economic-reforms-and-growt ... china-and-sri-lanka/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:1:y:2015:i:5:p:30-37

DOI: 10.18775/ijmsba.1849-5664-5419.2014.15.1003

Access Statistics for this article

More articles in International Journal of Management Science and Business Administration from Inovatus Services Ltd.
Bibliographic data for series maintained by Bojan Obrenovic ().