Abstract
The objective of this study was to explain the pattern of growth of Sri Lanka’s manufactured exports, and to analyse their limited industrial upgrading and diversification since economic liberalization in 1977. In the process it was hoped to identify the conditions that would lead to a more dynamic evolution of comparative advantage of the manufacturing sector. Following an examination of the major theories of comparative advantage, their predictions and some of their limitations, the analysis applied the technological capabilities approach in developing countries to explain Sri Lanka’s manufactured export performance at the national and firm-levels.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 1998 Ganeshan Wignaraja
About this chapter
Cite this chapter
Wignaraja, G. (1998). Conclusions and Policy Implications. In: Trade Liberalization in Sri Lanka. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26267-0_11
Download citation
DOI: https://doi.org/10.1007/978-1-349-26267-0_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-26269-4
Online ISBN: 978-1-349-26267-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)