Sri Lanka : Recent Economic and Policy Developments.

This paper reviews economic and policy developments in Sri Lanka during 1996-98. Despite the slowdown in world trade and economic growth, Sri Lanka's economy grew in 1998 at close to its historic average rate. The recorded 4 3/4 percent growth in real GDP was lower than 1997 when the economy wa...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/136
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic and policy developments in Sri Lanka during 1996-98. Despite the slowdown in world trade and economic growth, Sri Lanka's economy grew in 1998 at close to its historic average rate. The recorded 4 3/4 percent growth in real GDP was lower than 1997 when the economy was recovering after a bad harvest. In the first twelve months following the outbreak of the Southeast Asian crisis, Sri Lanka was helped by reduced export competition and lower commodity prices. But by the middle of 1998, growth in Sri Lanka started to slow markedly.
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Physical Description:1 online resource (129 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students