2018 Report Notes Sri Lanka's Growth Lag Behind Regional Peers
1 report, 1 independent
Updated Oct 25
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What happened
In 2018, reports indicated that Sri Lanka's economic growth rates were surpassed by regional peers. The reports noted that while Sri Lanka experimented with different economic policy regimes, countries such as Singapore, China, India, Vietnam, and Thailand steadily achieved growth and prosperity.
From sundaytimes.lk
Why it matters
The historical comparison highlights Sri Lanka's challenges with economic policy regimes. The reports also discussed the possibility of countries ceasing reliance on IMF assistance, citing India as an example of a nation that has never sought such aid.
From sundaytimes.lk
Who's involved
- Sri LankaIsland country whose economic growth rates lagged behind regional peers.
- SingaporeRegional peer cited in the context of economic growth and prosperity.
- DBS Bank IndiaCountry cited as an example of a nation that has never sought IMF assistance.
Keep exploring
The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
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Sri Lanka
island country in South Asia