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Has Sri Lanka's Crisis-driven Import Controls Incentivised Import Substitution? – Lanka Business Online

By Dr Asanka Wijesinghe and Nilupulee Rathnayake:



In response to the economic crisis, Sri Lanka implemented import controls that expanded significantly by the end of 2022, accounting for approximately 30% of the country's total import value (Figure 1). The controls affected various categories, in ....

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