Sri Lanka’s Macroeconomic Challenges from a Perspective of Twin Deficits

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dc.contributor.authorWeerakoon, Dushni
dc.date.accessioned2023-07-11T06:07:10Z
dc.date.available2023-07-11T06:07:10Z
dc.date.issued2023-07-11
dc.description.abstractThe Sri Lankan economy demonstrates a high degree of macroeconomic volatility and instability as evident from its regular programmes with the International Monetary Fund (IMF). Despite their related conditionalities on structural reforms, fiscal and external sector consolidation, it is apparent that such reforms have failed to take root. In that context, the rest of the paper examines the underlying causes of the twin deficit phenomenon in Sri Lanka, the policy responses adopted, and the challenges yet to be overcome if the country is to place its economy on a more sustainable growth path.en_US
dc.description.sponsorshipADBen_US
dc.identifier.shortcitationIPS, 2017en_US
dc.identifier.urihttp://econspace.ips.lk/handle/789/4454
dc.language.isoenen_US
dc.subjectstructural reforms; fiscal and external sector consolidation; challenges; sustainable growthen_US
dc.titleSri Lanka’s Macroeconomic Challenges from a Perspective of Twin Deficitsen_US
dc.typeOtheren_US
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