The national planning exercise of the Sri Lankan economy was started in the early 1950s and the economic liberalisation exercise was started in the mid 1960s. These processes gave rise to extensive policy debate within the country which culminated in the more radical liberalisation of the economy starting from 1977 and which continues till today.

Bringing together essays by 23 well-known Sri Lankan scholars, this comprehensive volume discusses the evolution of Sri Lanka’s economic policies from 1977 onwards, the ideology governing this evolution, the debates on policy, and the key economic issues confronting contemporary Sri Lanka.

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