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The Political Economy of Controlling Transnationals: The Pharmaceutical Industry in Sri Lanka

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Abstract

This paper attempts to analyse the experience of Sri Lanka in reforming the structure of production, importation and distribution of pharmaceuticals during the period 1972–76. Since the pharmaceutical industry is one of vital concern for every developing country, and since it is overwhelmingly dominated by transnational companies (TNCs) that possess considerable market power as well as proven ability to resist reform, such an analysis can serve two purposes.

The authors are grateful to the State Pharmaceuticals Corporation, Sri Lanka, for permission to publish the findings of their research into its operations and to T. Attapattu for collecting statistical material. They wishto thank Ajit Singh for comments on an earlier draft. They retain full responsibility for the contents of this paper.

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© 1980 Sanjaya Lall

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Lall, S. (1980). The Political Economy of Controlling Transnationals: The Pharmaceutical Industry in Sri Lanka. In: The Multinational Corporation. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05228-8_9

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