Sri Lanka's external performance defies global trends on two counts. First, the level of openness as measured by the ratio of trade in goods and services, after a strong increase in 1987-95 and stagnation in 1996-2004, sharply fell in 2005-10 to the levels experienced during the era of import substitution. Second, the share of clothing in manufactured exports has remained largely unchanged over the past 25 years. Had there been no economic growth...
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2013/06/01
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Documento de trabalho sobre pesquisa de políticas
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WPS6512
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1
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1
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2013/06/01
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Disclosed
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Increase in protectionism and its impact on Sri Lanka's performance in global markets
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Trade & International Integration
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