World Economy and Trade

Challenges to the Liberal Global Economic Environment

By Deshal de Mel and Dharshani Premaratne One of the persisting impacts of the global economic crisis has been on employment levels in America, Europe and developing nations. Whilst growth finally returned to the US in the third quarter of …

V for Asia: What About Sri Lanka?

Asia’s growth prospects and drivers were reviewed in our earlier post; we now take a closer look at Sri Lanka. Sri Lanka’s economy began a serious downturn in the latter half of 2008. Quarterly GDP growth declined from over 7% in the 2nd quarter of 2008 to 4.3% in the 4thquarter of 2008. As expected, the economy suffered further in the first half of 2009 but with a slight improvement in the 2nd quarter of 2009

Prospects for a sustainable Asian economic recovery

The debate over the nature of global economic recovery, whether we will experience a V, U, or W shaped recovery, continues apace, with the emerging data continuing to give mixed signals making it challenging to postulate long term trends. However data from Asia continues to point towards a V shaped recovery, at least in the short term

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