Tea - and too little sympathy; the experience of Sri Lanka

Date

1972

Journal Title

Journal ISSN

Volume Title

Publisher

IDRC, Ottawa, ON, CA

Abstract

IDRC supported. Address on economic growth in Sri Lanka between 1965 and 1970 despite declining export earnings from tea - discusses foreign exchange problems resulting from declining prices of tea; reorientation in economic planning and economic policy to stimulate growth; reasons for failure of the government in the 1970 election (e.g., rising unemployment and cost of living, limited success of the green revolution); need for more commodity agreements to provide price stabilization for commoditys.

Description

Text of an impromptu talk given to a seminar group at IDRC, Ottawa, ON, April 1972

Keywords

ECONOMIC GROWTH, SRI LANKA, EXPORT EARNINGS, TEA, FOREIGN EXCHANGE, PRICES, ECONOMIC PLANNING, ECONOMIC POLICY, ELECTIONS, UNEMPLOYMENT, COST OF LIVING, GREEN REVOLUTION, COMMODITY AGREEMENTS, PRICE STABILIZATION, COMMODITIES

Citation

DOI