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Proceedings of

9th International Conference on Advances in Social Science, Economics and Management Study SEM 2019

"ISSUES IN TRANSITION ECONOMY TOWARDS INCLUSIVE GROWTH AN ASSESSMENT OF GROWTH POLICIES SRI LANKA"

G. M. HENEGEDARA
DOI
10.15224/978-1-63248-183-2-04
Pages
24 - 32
Authors
1
ISBN
978-1-63248-183-2

Abstract: “The paper describes issues in adopting inclusive growth policies in transition of economy in Sri Lanka. It assess the impact of various inclusive growth policies on sustainable development. Inclusion of all the segments of the society has accepted as a required factor of sustainable development and thus all the nations follow inclusive growth strategies as broad based growth, shared growth and pro-poor growth policies. As an emerging market economy, the successive governments of Sri Lanka followed this ideology and implemented various policies and programs in view of assuring growth with equity and equality of opportunities in production process. Broadly it includes various programs such as social and physical infrastructure development, agricultural development, industrial and institutional changes made under protective, liberal and neoliberal policy frameworks since independence in 1948. However, the impact of policy interventions on economic growth were not fascinating in terms of s”

Keywords: bindings, equity, GDP growth rate, per-capita income, policy interventions

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