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Topic: Economy of Sri Lanka

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	Economy of Sri Lanka Summary
		Sri Lanka is a famous example of a poor country with a remarkable performance in improving quality of life.
		Sri Lanka began to shift away from a socialist orientation in 1977.
		The economy was hit by a series of global and domestic economic problems and affected by terrorist attacks in Sri Lanka and the United States.
	www.bookrags.com /Economy_of_Sri_Lanka (2456 words)

	Sri Lanka - MSN Encarta
		Sri Lanka, in full, Democratic Socialist Republic of Sri Lanka, island republic in the Indian Ocean, lying off the southeastern tip of the Indian subcontinent.
		Colombo, situated on the western coast, is the largest city and the commercial capital of Sri Lanka.
		The island of Sri Lanka is roughly pear-shaped.
	encarta.msn.com /encyclopedia_761568352/Sri_Lanka.html (955 words)

	The Economy and Economic History of Sri Lanka
		The burgeoning coffee economy of Sri Lanka was destroyed by a leaf disease that spread throughout the plantations from the mid 1850's to 1870.
		Although Sri Lanka achieved independence with a relatively high level of education and literacy there was a negative side to the educational achievement of the British in Sri Lanka.
		Jayewardene wantted to get the economy going again and he turned to a water development project that was originally scheduled to be built over a thirty year period and called for its construction to be accelerated so as to complete it in six years.
	www2.sjsu.edu /faculty/watkins/srilanka.htm (2179 words)

	Sri Lanka Nature of the Economy
		Sri Lanka's economic prospects in early 1988 were linked at least in part to the political and security situation.
		Sri Lanka exported pearls, areca nuts, shells, elephants, and coconuts, and in return received rice and textiles.
		The plantation economy had financed social programs such as subsidized food in the late colonial period, but when the value of exports declined after 1957, the economy's capacity to support these programs was strained.
	www.country-studies.com /sri-lanka/nature-of-the-economy.html (2240 words)

	Sri Lanka - Economic Innovations
		The plantation system dominated the economy in Sri Lanka to such an extent that one observer described the government as an "appendage of the estates (plantations)." Worldwide depression in 1846 temporarily checked the rapid development of the plantation system.
		Although the Indian Tamils spoke the same language as the Sri Lankan Tamils, were Hindus, and traced their cultural origins to southern India, they considered themselves to be culturally distinct from the Sri Lankan Tamils.
		Their distinctiveness as a group and their cultural differences from the Sinhalese and the Sri Lankan Tamils were recognized in the constitutional reforms of 1924, when two members of the Indian Tamil community were nominated to the Legislative Council.
	countrystudies.us /sri-lanka/14.htm (1497 words)

	Political Economy & Ethnicity: Sri Lanka Tamils - Dr. V. Nithiyanandam
		The repercussions of this new political economic programme on the Tamils of Sri Lanka are not difficult to perceive.
		The Sri Lanka government in particular tended to view it more and more as a military exercise and the struggle as a whole had come to be characterised as a 'war'.
		It is this display of character and quality which prompted the Lanka Guardian, the reputed political fortnightly in Sri Lanka, to declare, in 1990, the LTTE leader as the "Man of the Decade" for the 1980s.
	www.tamilnation.org /conferences/cnfNZ96/nithi.html (8550 words)

	Sri Lanka Economy
		Sri Lanka needs economic growth rates of 7-8% and investment levels of about 30% of GDP for a sustainable reduction in unemployment and poverty.
		Sri Lanka's exports (mainly apparel, tea, rubber, gems and jewelry) were $6.8 billion and imports (mainly oil, textiles, food, and machinery) were $10.2 billion in 2006.
		Sri Lanka is highly dependent on foreign assistance, with the World Bank, the Asian Development Bank, Japan, and other donors disbursing loans totaling $912 million in 2006.
	www.traveldocs.com /lk/economy.htm (1455 words)

	Sri Lanka (Site not responding. Last check: 2007-10-18)
		The economy rebounded in 1997-2000 with average growth of 5.3%, but 2001 saw the first contraction in the country's history, -1.4%, due to a combination of power shortages, severe budgetary problems, the global slowdown, and continuing civil strife.
		Eventhough Sri Lanka’s HDI is lower than other countries, it is still an educated nation nonetheless, it boasts a higher lfe expectancy, showing that the country has potential to grow even more.
		Sri Lanka is a country full of resources and with free education; the literacy rate is higher than other countries such as India, Pakistan and Bangladesh.
	andromeda.rutgers.edu /~dspencer/IntroEcon/Sec04Sp04/GroupKSriLanka.htm (1891 words)

	Sri Lanka GROW Project
		Sri Lanka has a tropical climate with temperatures averaging 80° degrees F (27°C) with no temperature changes from one month to another.
		Sri Lanka was comparatively a rich country - socially, culturally, economically and spiritually, until the 16th century when colonial powers came and conquered the country.
		In Sri Lanka winning independence was a peaceful process and during the post independent era for a long time there were no major changes in spite of the fact that country was free to carry out its own reforms.
	www.niu.edu /srilankaproj/srilanka.html (931 words)

	travelsrilanka - Economy - Sri Lanka
		So it is that today Sri Lanka's biggest foreign exchange earner is the garment-manufacturing sector, which accounts for 60% of exports.
		Sri Lanka's main export markets are the USA, the UK, and Japan.
		Apart from the Ceylon Tea you might drink, or the clothes manufactured in Sri Lanka you might purchase, the lead in your pencil may well have come from the island, as may the rubber in your tyres and the desiccated coconut in the confectionary you eat.
	www.travelsrilanka.com /index.cfm?PAGE=647 (433 words)

	Peace in Sri Lanka
		The basis for the ongoing peace process between the government of Sri Lanka and the Liberation Tigers of Tamil Eelam (LTTE) is the acknowledgement by both parties that the conflict, which has claimed more than 60,000 lives since 1983, cannot be resolved militarily.Norway's present involvement with the peace process began in the spring 1997....
		The Sri Lanka Monitoring Mission, SLMM, monitors the implementation of the Ceasefire Agreement (CFA), signed by the Government of the Democratic Socialist Republic of Sri Lanka, (GOSL), are the Liberation Tigers of Tamil Eelam, (LTTE), on 22nd February 2002.
		Sri Lanka First is a non-political, non religious, non ethnic association that was formed by leading business organizations in the country.
	www.peaceinsrilanka.org /peace2005/Insidepage/Partners/Partners.asp (587 words)

	Travel Guide to Sri Lanka
		Sri Lanka is an island in the Indian Ocean, located to the south of Indian Subcontinent.
		Sri Lanka is the land of multi-ethnic groups distinctively divided by two main characteristics: language and religion which consequently intersect to create four principal ethnic groups.
		Sri Lanka is one of the countries that are never free form lively festival a whole year round.
	www.sri-lanka-tour.com /travel-guide.htm (673 words)

	Sri Lanka's Economy Probably expanded more then 7 Percent for Second Quarter (Site not responding. Last check: 2007-10-18)
		Sri Lanka's economy probably expanded more than 7 percent for a second straight quarter on higher farm exports and as roads and hotels damaged by the December 2004 tsunami were rebuilt.
		Sri Lanka has in recent months experienced its worst fighting since the government and Tamil rebels signed a cease- fire accord in 2002 that halted a two-decade civil war and led to a period of uninterrupted economic expansion.
		Sri Lanka's $24 billion economy grew 7.9 percent in the first half of this year as the government boosted infrastructure spending, Cabraal said.
	www.lankaeverything.com /vinews/business/20060928002916.php (1132 words)

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	Sri Lanka (05/07)
		Sri Lanka is ethnically, linguistically, and religiously diverse.
		Sri Lanka maintains an embassy in the United States at 2148 Wyoming Avenue NW, Washington, DC 20008 (tel.
		U.S. policy toward Sri Lanka is characterized by respect for its independence, sovereignty, and moderate nonaligned foreign policy; support for the country's unity, territorial integrity, and democratic institutions; and encouragement of its social and economic development.
	www.state.gov /r/pa/ei/bgn/5249.htm (5513 words)

	Point Pedro Institute of Development » Economy of the Conflict Region in Sri Lanka
		This is a study of the nature and extent of economic and social decline in the conflict region of Sri Lanka, namely the North&East Province, during the past quarter century of civil conflict.
		This is the first ever attempt to compare and contrast the regional economies and the national economy in Sri Lanka.
		The book also propounds the way forward for the economy of the conflict region; while it is argued that the eastern economy could become an industrial cum tourism economy, the northern economy could become a knowledge-based economy.
	pointpedro.org /2007/02/economy-of-the-conflict-region-in-sri-lanka (356 words)

	USAID/Sri Lanka :: Country Profile :: Economy
		The economy rebounded in 1997-2000 with average GDP growth of 5.3%, but 2001 saw the first contraction in the country's history, -1.4%, due to a combination of power shortages, severe budgetary problems, the global slowdown, and continuing civil strife.
		Sri Lanka's most dynamic sector now is the service sector, which according to the Central Bank recoded the highest contribution of 78% to the overall GDP growth in the fourth quarter of 2004.
		The growth of the economy for the year was consistent with the expected performance for 2004, though the deceleration in the fourth quarter raises concerns about the continued vulnerability of the traditional agriculture sector, to weather conditions.
	www.usaid.gov /lk/country_profile/economy.html (458 words)

	Sri Lanka - Business and Economy
		Despite four years of mismangement by the previous government, the country's economy was resillient enough to escape the asian economic crisis of the late 90s.
		Though Sri Lanka still has a largely agrarian economy, all the requirement of wheat, and most of the rice and sugar requirements have to be imported.
		Sri Lanka is rich in Mineral deposits such as Illemanite, Rutile, Graphite and Apatite.
	www.webquarry.com /~raditha/srilanka/business.html (572 words)

	Sri Lanka - Economy
		Currently, the ruling Sri Lanka Freedom Party has a more statist economic approach, which seeks to reduce poverty by steering investment to disadvantaged areas, developing small and medium enterprises, promoting agriculture, and expanding the already enormous civil service.
		Although suffering a brutal civil war that began in 1983, Sri Lanka saw GDP growth average 4.5% in the last 10 years with the exception of a recession in 2001.
		Sri Lanka's most dynamic sectors now are food processing, textiles and apparel, food and beverages, port construction, telecommunications, and insurance and banking.
	www.exxun.com /SriLanka/e_ec.html (545 words)

	Sri Lanka: Economy — FactMonster.com
		The country's economy is primarily agricultural; the emphasis is on export crops such as tea, rubber, and coconut (all plantation-grown).
		Sri Lanka is an exporter of amorphous graphite, its principal mineral industry.
		Sri Lanka opened itself to foreign banks in 1979 and has developed an offshore insurance and banking industry.
	www.factmonster.com /ce6/world/A0861289.html (233 words)

	Sri Lanka Economy
		Sri Lanka's most dynamic industries now are food processing textiles and apparel food and beverages telecommunications and insurance and banking.
		The economy rebounded in second half 1996 however and continued to perform well in 1997 with growth of 6%.
		A continuing cloud over the economy is the fighting between the Sinhalese and the minority Tamils which has cost more than 60 000 lives in the past 23 years.
	www.world66.com /asia/southasia/srilanka/economy (422 words)

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