|
|
 |
|
Viewing report
|
|
|
|
Competitive Industry Policy for Economic Development
in Sri Lanka. Edition No. 1
VDM Publishing House, Sep 2008, Pages: 316
This study evaluates Sri Lanka's position by early
2000s in terms of Newly Industrialized Country (NIC)
status, and explores the lessons which it can learn
from the East Asian NICs.
Accordingly, it has developed a policy strategy to
enable Sri Lanka to converge into a more dynamic
growth path leading towards the NIC status in the
foreseeable future. This exercise was deemed useful
because Sri Lanka had a superior position over many
less developed countries (LDCs) including the East
Asian NICs four decades ago, but having attempted
various economic policy regimes over this period, it
still remains a LDC.
The study compared Sri Lanka's post-1977 policy
performance with those of South Korea and Taiwan in
detail. The main thrust of the rapid
industrialization and growth in these countries was
identified as originating from the Competitive
Industry Policy (CIP) strategy they used. Their
superiority over other LDCs including Sri Lanka was
attributed to the way they used policies such as
sector targeting, directed credit, foreign
investment, export processing zones, infrastructure
development, human resource development, and R
|
|
|
|
