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Browsing Monographs by Subject "Structural adjustments"

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    External Shocks, Adjustment Policies and the Current account: The Case of Sri Lanka, 1971-1991
    (Institute of Policy Studies, 1993) White, Howard; Kelegama, Saman
    A major methodological problem in the analysis of adjustment policies is the separation of the effects of the policies themselves from those of changing external conditions. In this study authors’ use, with some significant modifications, decomposition approach to the context of Sri Lanka for the period 1971 to 1991. The paper initially presents the methodology and its application to Sri Lanka. It also incorporates discussion of the debates concerning Sri Lanka’s macroeconomic performance in the 1980s and the impact of adjustment policies more generally. Finally the paper draws out the conclusions and policy implications of authors’ analysis.
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