Sri Lanka: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 374

Publication date: December 2007

ISBN: 9781451823592

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , credit growth , private sector , governance indicator , growth potential , private sector credit , credit concentration risk , TFP contribution , E , U , apparel , Total factor productivity , Credit , Real effective exchange rates , Human capital , South Asia , Asia and Pacific , East Asia , Global

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Grenada

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Republic of Congo : 2001 Article IV

Summary

This Selected Issues paper on Sri Lanka underlies the dynamics of growth and external competitiveness. The slowdown in the contribution of sectors that are labor intensive, together with faster growth in sectors that are capital intensive and have higher productivity levels, resulted in total factor productivity (TFP) as the main contributor to growth. Sri Lanka’s strong growth performance has brought positive benefits to the economy and has benefited from a high quality labor force. The labor productivity is low by regional standards and the internal terms of trade are skewed toward the nontraded sector.