TY - BOOK AU - Duma,Nombulelo TI - Sri Lanka's Sources of Growth T2 - IMF Working Papers; Working Paper SN - 1451867891 : SN - 1018-5941 PY - 2007/// CY - Washington, D.C. PB - International Monetary Fund KW - Growth Accounting KW - imf KW - Real GDP KW - TFP KW - Unemployment KW - Sri Lanka N2 - This paper uses the growth accounting framework to assess Sri Lanka's sources of growth. It finds that while labor was the dominant factor contributing to growth in the 1980s, labor's contribution declined over time and was overtaken, to a large extent, by total factor productivity (TFP) and, to a lower extent, by physical and human capital accumulation. A higher growth path over the medium term will depend on securing a stable political and macroeconomic environment; implementing structural reforms necessary to improve productivity and efficiency of investment; attaining fiscal consolidation; and creating space for the private sector UR - http://elibrary.imf.org/view/IMF001/08731-9781451867893/08731-9781451867893/08731-9781451867893.xml UR - http://www.imfbookstore.org/IMFORG/9781451867893 ER -