ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Economic Liberalisation Policies in Sri Lanka-International Pressures, Constraints and Supports

Economic Liberalisation Policies in Sri Lanka International Pressures, Constraints and Supports Ronald J Herring Sri Lanka's development experience was long cited as evidence for the connection between "premature welfarism' and retarded growth. Since the introduction of a liberalisation regime in 1977, initially high growth rates prompted discussion of the nation as an 'IMF success' or vindication of the 'Singapore model' of an open economy divorced from extensive state intervention both internally and at the internal-external boundary.

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