An Analysis Of The Determinants Of Sri Lankas Trade Balance With Major Trading Partners PDF Download
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Author | : Malith P.G.D. |
Publisher | : |
Total Pages | : 0 |
Release | : 2022 |
Genre | : |
ISBN | : |
Download An Analysis of the Determinants of Sri Lanka's Trade Balance with Major Trading Partners Book in PDF, ePub and Kindle
Sri Lanka has had a trade deficit for over two decades, and it is critical to determine which factors contribute significantly to the current deficit. The majority of the existing studies attempting to explore the determinants of the trade balance has mostly focused on Sri Lanka's overall trade balance. Consideration of the country's bilateral trade balances with its key trading partners would give a fresh perspective to the available research. Therefore, this study attempted to explore the determinants of the Sri Lankan trade balance with its major trading partners. The study employed four independent variables namely, relative gross domestic product, relative gross national income per capita, real exchange rate and import-weighted distance while taking the bilateral trade balance as the dependent variable. The panel data regression model has been employed by using the secondary data of five major export destinations and five major import origins of Sri Lanka for the period from 1999 - 2017. The results indicated that the relative gross domestic product and import-weighted distance have a negative significant impact on the trade balance while relative gross national income per capita has a positive significant impact on the trade balance. However, it was revealed that the real exchange rate does not have a significant impact on the trade balance in Sri Lanka. Therefore, an import curtailing policy minimizing transportation cost together with an export-led growth strategy is recommended to improve the trade balance in Sri Lanka.
Author | : Indra Nath Mukherji |
Publisher | : Asian Development Bank |
Total Pages | : 244 |
Release | : 2013-09-01 |
Genre | : Business & Economics |
ISBN | : 9292541706 |
Download Deepening Economic Cooperation between India and Sri Lanka Book in PDF, ePub and Kindle
This book analyzes the performance and impact of the India–Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement. Bilateral trade between the countries increased steadily thereafter, with Sri Lankan commodities finding a large market in India. The composition of trade also changed with an increased number of new goods being traded. The book computes indices and suggests scope for deepening economic cooperation between the two countries by pruning the negative lists for trade in goods, identifying potential investment, and suggesting policies for expanding cooperation in services.
Author | : Catherine L. Mann |
Publisher | : Peterson Institute |
Total Pages | : 226 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9780881322644 |
Download Is the U.S. Trade Deficit Sustainable? Book in PDF, ePub and Kindle
The global financial crisis of 1997-98 and the widening US trade deficit have precipitated fresh inquiry into a set of perennial questions about global integration and the US economy. How has global integration affected US producers and workers, and overall growth and inflation? Is a chronic and widening deficit sustainable, or will the dollar crash, perhaps taking the economy with it? If the problem was one of "twin deficits," as many thought, why has the trade deficit continued to grow even as the budget deficit narrowed to zero? If US companies are so competitive, why does the trade deficit persist? Is the trade deficit a result of protectionism abroad? Will it lead to protectionism at home? What role do international capital markets have? Each chapter presents relevant data and a simple analytical framework as the basis for concise discussions of these major issues. The final section of the book provides an outlook for the deficit and suggests alternative policy courses for dealing with it. This book is designed for policymakers and others who are interested in the US role in the world economy. It is also suitable for courses in international economics, business, and international affairs.
Author | : World Trade Organization |
Publisher | : |
Total Pages | : 128 |
Release | : 2011 |
Genre | : |
ISBN | : |
Download Trade Patterns and Global Value Chains in East Asia Book in PDF, ePub and Kindle
Author | : Festus O. Egwaikhide |
Publisher | : |
Total Pages | : 58 |
Release | : 1997 |
Genre | : Accounts current |
ISBN | : |
Download Effects of Budget Deficits on the Current Account Balance in Nigeria Book in PDF, ePub and Kindle
Author | : Cristina Constantinescu |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2015-01-21 |
Genre | : Business & Economics |
ISBN | : 1498399134 |
Download The Global Trade Slowdown Book in PDF, ePub and Kindle
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
Author | : Aqib Aslam |
Publisher | : International Monetary Fund |
Total Pages | : 37 |
Release | : 2017-11-15 |
Genre | : Business & Economics |
ISBN | : 1484328981 |
Download The Slowdown in Global Trade: A Symptom of A Weak Recovery Book in PDF, ePub and Kindle
Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes in its decomposition in accounting for the slowdown in trade using a reduced form and a structural approach. Both analytical investigations suggest that the overall weakness in economic activity, particularly investment, has been the primary restraint on trade growth, accounting for over 80 percent of the decline in the growth of the volume of goods trade between 2012–16 and 2003–07. However, other factors are also weighing on trade in recent years, especially in emerging market and developing economies, as evidenced by the non-negligible role attributed to trade costs by the structural approach.
Author | : Prema-chandra Athukorala |
Publisher | : Asian Development Bank |
Total Pages | : 291 |
Release | : 2017-10-01 |
Genre | : Business & Economics |
ISBN | : 9292579746 |
Download The Sri Lankan Economy Book in PDF, ePub and Kindle
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
Author | : Yingqi Wei |
Publisher | : Edward Elgar Publishing |
Total Pages | : 216 |
Release | : 2001-01-01 |
Genre | : Business & Economics |
ISBN | : 9781782542544 |
Download Foreign Direct Investment in China Book in PDF, ePub and Kindle
'The data used is rich, including national, regional and industry-level statistics.' - Yue Ma, The China Journal 'Wei and Liu provide a comprehensive analysis of the determinants and impact of FDI on the economy of China. The book is to be recommended to students of international business for its elegant use of sophisticated econometric techniques and economic theory in exploring the role of FDI in a major emerging economy that hosts a substantial volume of FDI.' - V.N.Balasubramanyam, Lancaster University, UK China is now among the top hosts for foreign direct investment (FDI) inflows in the world. This fact, combined with recent developments in internationalisation and economic growth in China, ensures a perfect opportunity to identify the determinants and impact of FDI in the largest transition economy in the world.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 96 |
Release | : 2002-09-26 |
Genre | : Business & Economics |
ISBN | : 1451823517 |
Download Sri Lanka Book in PDF, ePub and Kindle
This Selected Issues paper focuses on the fiscal position of Sri Lanka. The standard analysis shows that, prior to the adjustment announced in the 2002 budget, fiscal policy was clearly unsustainable, leading to a rising debt-to-GDP ratio. The paper looks at external debt and complements the analysis of the public debt dynamics. The baseline scenario shows that debt ratios decline significantly in the medium term, as a result of strong growth founded on renewed peace and political stability, far-reaching structural reforms, and stable macroeconomic conditions.