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A development path for Lanka

by Dr. A.D.V. de S. Indraratna

Sri Lanka has missed several opportunities. After the Great Depression and the Second World War, there was a period of prosperity from 1950 to about 1955, with the onset of the Korean boom, when Sri Lankas exports were fetching record prices and external assets were accumulating. Instead of utilizing them to lay the necessary infrastructure for diversifying the economy for sustained development
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