Historical Perspective on Doing Business in Sri Lanka

John E. Spillan () and Mohammad Rahman ()
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John E. Spillan: University of North Carolina at Pembroke
Mohammad Rahman: University of North Carolina at Pembroke

Chapter Chapter 4 in Doing Business in Bangladesh and Sri Lanka, 2023, pp 47-58 from Springer

Abstract: Abstract Sri LankaHistorical Perspective on Doing Business in Sri Lanka shifted its socialist outlook orientation in 1977 and came under the administration of the United National Party (UNP) from 1997 to 1994. Since that time, the government has begun to privatize, deregulate, and expose the economy to foreign competition (The Economy of Sri Lanka, 2020). In 2001, Sri Lanka was on the verge of bankruptcy due to debt that was 101% of GDP.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-37822-5_4

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DOI: 10.1007/978-3-031-37822-5_4

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