ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Stabilisation and Adjustment Sri Lankan Experience 1977-1993

Experience, 1977-1993 David Dunham Saman Kelegama This article views the Sri Lankan reform experience in relation to economic and political circumstances and the economic and political objectives of the incumbent government. In the inevitably politicised process of tradeoffs incorporating political responses, there is bound to be tension between stabilisation and adjustment policies. In the Sri Lankan experience it was stabilisation that was given lower priority. Ad hoc piecemeal reform had a rationale of its own.

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