| After two decades of liberalized economic policies together with early accession to WTO, Sri Lanka could not achieve the exp ected fast economic growth. Agriculture growth in particular fell sharply. WTO Doha round expects a deeper liberalization. Instead, we will benefit more from being a friend of the "Development Box" and securing flexibility in tariff revisions. In asserting this, the paper analyzes impacts of liberalized policies on agriculture, stress the need for flexible trade policies and formulate a design for self designating Special Products (SP) and Special Safeguard Mechanisms (SSM). The past economic growth favoured mostly urbanised population. Sluggish rural agricultural growth, hurt with increased food imports, was the main cause of this... |
