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Sydney Business School - Papers

2009

Economic

Articles 1 - 3 of 3

Full-Text Articles in Business

Foreign Debt, Trade Openness, Labor Force And Economic Growth: Evidence From Sri Lanka, Ramesh Chandra Paudel, Nelson Perera Jan 2009

Foreign Debt, Trade Openness, Labor Force And Economic Growth: Evidence From Sri Lanka, Ramesh Chandra Paudel, Nelson Perera

Sydney Business School - Papers

This study examines the role of foreign debt, trade openness and labor force in the economic growth of Sri Lanka, by employing the Johansen maximum likelihood approach of cointegration. It analyzes the data for the period, 1950-2006. The study finds that there is a cointegration relationship between economic growth and foreign debt, trade openness and labor force. Further the results suggest that in the long run, labor force, trade openness and foreign debt have a positive impact on economic growth of Sri Lanka.


Reconfiguration Of Operational Relationships Post The Current Global Economic Crisis, Lee Styger Jan 2009

Reconfiguration Of Operational Relationships Post The Current Global Economic Crisis, Lee Styger

Sydney Business School - Papers

It is likely that classical models of strategic alliances may not be applicable moving forward into the new world economy post the current economic crisis. Traditional business models have considered each part of the business process in isolation, typically finance is remote from new product development, product development is remote from supply chain and operations etc. Prior to the economic crisis it was not unusual to see typical traditional silos within an organization never meeting, posing the question that if internal relationships were never fully forged how could a strong external strategic alliance be built and maintained? Furthermore, this silo …


Financial Development And Economic Growth In Sri Lanka, Nelson Perera, Ramesh Chandra Paudel Jan 2009

Financial Development And Economic Growth In Sri Lanka, Nelson Perera, Ramesh Chandra Paudel

Sydney Business School - Papers

This study investigates the causal relationship between financial development and economic growth in Sri Lanka over the period 1955 to 2005. After considering the time series characteristics of six measures of financial development, Johansen cointegration and the appropriate Error Correction Model are used to investigate the causal relationship between financial development and economic growth. The findings suggest that broad money causes economic growth with two-way causality. The major finding of this study does not strongly support the view that financial development boosts economic growth.