Social Sciences

Permanent URI for this communityhttp://repository.kln.ac.lk/handle/123456789/189

Browse

Has files: YesSubject: search.filters.subject.Exports

Search Results

Now showing 1 - 4 of 4
  • Thumbnail Image
    Item
    Impact of Currency Depreciation on Growth, Exports & Industrialization: Evidence from Sri Lanka
    (International Journal of Academic Staff (IJAS – 2019), Volume 01, Issue 01. Department of Social Statistics, Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2019) Ramanayake, S.S.
    The present article focuses specifically on smart exchange rate policy and export oriented industrialization process to sustain growth in Sri Lanka. There is an extensive debate on the impact of currency depreciation (devaluation / undervaluation) on growth and exports; some scholars have argued that depreciation positively affects growth (especially in developing economies), but others contend that depreciation negatively affects growth in the long run. This paper discusses the existing literature on currency depreciation on growth and exports. Study argues that too much depreciation in the long-run causes declining growth process and exports in Sri Lanka. At the same time, long-run depreciation negates industrialization process. Furthermore, this study found that long-run depreciation caused the decline in Foreign Direct Investment, lead to the increase inflation and was therefore, harmful for country’s social welfare. Findings of this study suggest Sri Lanka should focus on export-based industrialization process to overcome current situation and sustain economic growth. In like manner, these implications are also suitable for most of the other developing countries
  • Thumbnail Image
    Item
    The Evolution of Export in Sri Lanka
    (5th National Conference on Applied Social Statistics (NRCASS) - 2019, Department of Social Statistics, Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2019) Lakshika, H. A. T.
    An Export is a function of International trade. Exports are the goods and services produced in one country and purchased by residents of another country. Exports are a crucial component of a country’s economy, as the sale of such goods adds to the producing nation’s gross output. When considering about the Sri Lankan economy, Export is playing a major role with international trade. Since 1977, Sri Lankan closed economy had move to the open economy and to deals with the international trade. Sri Lanka’s main export industries are Knit or crochet clothing, accessories, Clothing ,accessories (not knit or crochet), Coffee, tea, spices, Rubber, rubber articles, Ships, boats, Gems, precious metals, Machinery including computers, Electrical machinery, equipments, Fish, Other chemical goods. Considering about Export of Sri Lanka in last years, according to annual report of central bank, the country’s export performance during the last four decades that have ensued has been disappointing. But in September of 2016, the exports in Sri Lanka increased 5.7 percent year- on-year to USD million. The object and research question of this explanation identify and discuss the evolution of export and how exports effect for the Sri Lankan economy. I referred secondary data such as Central bank reports, Magazines and Internet for this analysis
  • Thumbnail Image
    Item
    The performance of Export in Sri Lanka
    (Economics Student Society, Department of Economics, University of Kelaniya, Sri Lanka, 2016) Herath, H.M.N.M.; Chathurika, K.I.A.
    Exports are the goods and services that are made in one country and transmitted to foreigners. When consider about the Sri Lankan economy, Export is playing a major role with international trade. Since 1977, Sri Lankan Closed economy had move to the Open economy and began to deals with the international trade. Considering Sri Lanka’s export markets, a few important trends are visible. Sri Lanka's most dynamic industries now are food processing, textiles and apparel, food and beverages, telecommunications, and insurance and banking. Main export partners are United States, United Kindom, Germany, Belgium and Italy. According to annual report of Central bank, Sri Lanka, the country’s export performance during the four decades that have ensued has been disappointing. But in September of 2016, the exports in Sri Lanka increased 5.7 percent year-on-year to USD Million. The purpose of this paper is to present exposition and explanation of the performance of Export in Sri Lanka. And it is expected to discuss how exports effect for the Sri Lankan economy. We referred secondary data such as Central bank reports, Magazines, and internet for this analysis.
  • Thumbnail Image
    Item
    ASEAN 5 founding nations and SAARC nations: A comparison
    (University of Kelaniya, 2005) Jayanthakumaran, K.
    This paper intends to compare intra-ASEAN’s (of the 5 founding nations) exports and income with intra-SAARC’s (of the 7 founding nations) performance. Intra- ASEAN’s three different historical policy interventions are: the introduction of Preferential Trade Agreement (PTA) in 1977, the unilateral liberalization following the severe recession of the mid-1980s and the ASEAN Free Trade Area (AFTA) formation in 1992. Intra- SAARC’s three different historical policy interventions are: the adoption of South Asian Association of Regional Cooperation (SAARC) in 1985, the introduction of South Asian Association for Regional Cooperation Preferential Trading Agreement (SAPTA) in 1995 and the South Asian Free Trade Area (SAFTA) formation in 2004. Findings indicate that the ASEAN-5 countries’ economies are moving together through time and emerged as a powerful integrated area as a consequence of all of the above three interventions, but not those of SAARC member countries.