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Conclusions and Policy Implications

In: Trade Liberalization in Sri Lanka

Author

Listed:
  • Ganeshan Wignaraja

    (Commonwealth Secretariat)

Abstract

The objective of this study was to explain the pattern of growth of Sri Lanka’s manufactured exports, and to analyse their limited industrial upgrading and diversification since economic liberalization in 1977. In the process it was hoped to identify the conditions that would lead to a more dynamic evolution of comparative advantage of the manufacturing sector. Following an examination of the major theories of comparative advantage, their predictions and some of their limitations, the analysis applied the technological capabilities approach in developing countries to explain Sri Lanka’s manufactured export performance at the national and firm-levels.

Suggested Citation

  • Ganeshan Wignaraja, 1998. "Conclusions and Policy Implications," Palgrave Macmillan Books, in: Trade Liberalization in Sri Lanka, chapter 11, pages 229-238, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26267-0_11
    DOI: 10.1007/978-1-349-26267-0_11
    as

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