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Financial Deepening and Its Implications for the Sri Lankan Economy
Author : Hemachandra, W.M.
Publisher: Central Bank of Sri Lanka (CBSL)
Place of Publish: Sri Lanka, Colombo
Year: 2005
Page Numbers: 290
Acc. No: 1967
Class No: 330 HEM-SL
Category: Books & Reports
Subjects: Economics
Type of Resource: Monograph
Languages: English
ISBN: 955-575-101-3
This study articulates a theoretical framework for the financial deepening that has occurred in Sri Lanka since independence in 1948. It highlights the importance of the unorganised sector in financial deepening. Furthermore, in developing countries such as Sri Lanka, activist policies by the government play a crucial rule in financial deepening. As a result, the study emphasises on these facets that have been ignored by the financial sector deepening analyses of developing economies.
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