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Evaluating Economic Liberalization pp 211–232Cite as

Palgrave Macmillan

Market-Oriented Policy Reforms and Manufacturing for Export in Sri Lanka

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Part of the book series: Case-Studies in Economic Development ((CASIED))

Abstract

An important element of economic liberalization has been trade policy reform, notably the removal of the bias against exports with the intention of increasing the efficiency of the economy and facilitating export-led growth (see Chapter 3 of this volume). There is empirical evidence that a number of liberalizing economies (LEs) have experienced improvements in export performance, with significant increases in manufactured exports (Helleiner, 1994 and 1995; Weiss, 1992; Arslan and van Wijnbergen, 1993; Joshi and Little, 1996). Many of these observers believe that such export success, in particular the expansion of manufacturing output and employment, has been the major contributor to the sustainability and success of economic reforms in these countries. Sri Lanka has witnessed successful export-led growth. Was this due to liberalization or, more precisely, which elements of liberalization generated such success? The driving forces behind rapid export expansion remain a matter of debate.

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Authors
  1. Prema-chandra Athukorala
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Editor information

Editors and Affiliations

  1. RMIT University, Melbourne, Australia

    Mark McGillivray (Associate Professor of International Development) (Associate Professor of International Development)

  2. Centre for Research in Economic Development and International Trade (CREDIT), The University of Nottingham, UK

    Oliver Morrissey (Director, Senior Lecturer) (Director, Senior Lecturer)

  3. School of Economics, The University of Nottingham, UK

    Oliver Morrissey (Director, Senior Lecturer) (Director, Senior Lecturer)

Copyright information

© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Cite this chapter

Athukorala, Pc. (1999). Market-Oriented Policy Reforms and Manufacturing for Export in Sri Lanka. In: McGillivray, M., Morrissey, O. (eds) Evaluating Economic Liberalization. Case-Studies in Economic Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14307-8_10

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