Resource Library

Sri Lanka State of the Economy

Keeping Sri Lanka on the Growth Expressway

Publisher: Institute for Policy Studies (IPS)

Place of Publish: Sri Lanka, Colombo

Year: 2012

Page Numbers: 173

Acc. No: 4264

Class No: 330 SRI-SL

Category: Books & Reports

Subjects: Economics

Type of Resource: Monograph

Languages: English

ISBN: 978-955-8708-72-9

The State of the Economy 2012 report envisages many opportunities and challenges towards sustained and equitable growth for Sri Lanka in the coming years. Even though economic growth alone is not sufficient to decide the growth of a country, rapid growth over a period of years has enabled Sri Lanka to grow from low income levels to middle-income status. The report highlights that infrastructure development over the past few years has contributed towards this growth, but it is a challenge to keep the momentum of the sustainability. Therefore, in order to bring about an economic, political and social growth, the existence of a steady and politically induced growth process, an active role of the government and regulatory institutions is vital.