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

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  • Prema-chandra Athukorala

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.

Suggested Citation

  • Prema-chandra Athukorala, 2014. "Sri Lanka's Post-conflict Development Challenge: Learning from the Past," Departmental Working Papers 2014-05, The Australian National University, Arndt-Corden Department of Economics.
    • Handle: RePEc:pas:papers:2014-05
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    File URL: https://crawford.anu.edu.au/acde/publications/publish/papers/wp2014/wp_econ_2014_05.pdf
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    Cited by:

    1. Navaratnam Ravinthirakumaran, 2014. "Applicability of Openness-led Growth Hypothesis in Sri Lanka," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 15(2), pages 241-263, September.

    More about this item

    Keywords

    Sri Lanka; ethnic conflict; economic growth; trade liberalization; foreign debt;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism

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