Prema‐chandra Athukorala
Biographic Data
| ID | 2899737 |
|---|---|
| NAME | Prema‐chandra Athukorala |
| GIVEN NAMES | Prema‐chandra |
| FAMILY NAME | Athukorala |
| SIGNATURE | ATHUKORALA P C |
| AFFILIATIONS | Australian National University |
| ORCID | 0000-0003-3143-6547 |
| VERIFIED | Yes |
| TOTAL WORKS | 34 |
| TOTAL CITATIONS | 77 |
| AUTHOR COUNT | 34 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1989 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 6 |
International Production and Industrial Transformation: The Singapore Story
The expansion of global manufacturing value chains (GMVCs) as a major mode of economic globalisation opens opportunities for latecomer countries to industrialise by carving out niches to specialise within the value chain, instead of producing a good from start to finish within their national boundaries. However, whether this provides a pathway for self‐sustained industrialisation remains a debatable issue. Sceptics argue that, since multinational…
Saving Transition in Asia
This paper examines the national saving behaviour in the process of economic growth through a comparative analysis of countries in developing Asia from a historical perspective.Developing Asia provides an ideal laboratory for the study with considerable differences in the saving behaviour among countries and over time within individual countries, notwithstanding the 'model saver' image of the region that is based mainly on the experience of high-…
Trade policy in a ‘double‐landlocked’ transition economy: Kyrgyzstan
This paper examines trade and commercial policy in Kyrgyzstan in the context of that country's distinctive historical and geographical characteristics, drawing on the World Trade Organisation's latest Trade Policy Review . A former Soviet republic, it is a geographically isolated, effectively a ‘double‐landlocked’, transition economy. The country was an early liberalizer, both economically and politically, among the former Soviet republics, and i…
Domestic Value Added, Exports and Employment: An Input–Output Analysis of Indonesian Manufacturing
The paper is motivated by the current emphasis on the share of domestic value added in exports (SVEX) as a policy criterion for export development strategy in developing countries. Our hypothesis is that the policy emphasis on SVEX, which harks back to the import substitution era, is inconsistent with the objectives of achieving economic growth with employment generation in this era of economic globalisation. We test this hypothesis by examining …
Economist as public intellectual: Max Corden’s journey through life
This paper examines the intellectual contributions of Professor W. M. (‘Max’) Corden to Economics. We focus on three main fields: trade theory and practice, especially his pioneering work on the theory of effective protection; open economy macroeconomics, including exchange rate policy, the international monetary system, Dutch Disease and economic crises; and Australian economic policy. We emphasise Max's motivation for working on these topics, a…
Economic corridors and regional development: The Malaysian experience
Global Productions Sharing and Local Entrepreneurship in Developing Countries: Evidence from Penang Export Hub, Malaysia
This article examines opportunities and policy options for developing countries to promote engagement of local firms in global production networks. The article begins with a stage-setting overview of the ongoing process of global production sharing and the emerging opportunities local firm's engagement. It then undertakes an illustrative case study of the export hub in the state of Penang in Malaysia. Forging operational links between multination…
Sri Lanka's post-civil war development challenge: Learning from the past
The end of the ethnic conflict in Sri Lanka in 2009 generated widespread expectations of a period of sustained economic growth, building on the achievements of the liberalization reforms over the three previous decades. However, recent developments have dampened that optimism, rekindling fears that Sri Lanka's tale of missed opportunities may continue. The analysis in this paper suggests that the return to the failed past policies of inward-orien…
Foreign direct investment in industrial transition: The experience of Vietnam
This paper examines the role of foreign direct investment (FDI) in the process of industrial transition in Vietnam under market-oriented reforms. The findings are consistent with the conventional wisdom that concomitant liberalisation of trade and investment regimes, accompanied by creating a congenial environment for market-based decision making by the private agents, is vital for reaping developmental gains from FDI. During the 1990s growth of …
The Impact of Foreign Labor on Host Country Wages: The Experience of a Southern Host, Malaysia
Trade Liberalisation and The Poverty of Nations: A Review Article
This paper aims to contribute to the contemporary policy debate on the role of trade policy reforms in economic development and poverty reduction in developing countries through a review of Trade Liberalisation and The Poverty of Nations by A.P. Thirlwall and Penelope Pacheco-Lopez (Cheltenham, UK: Edward Elgar). It begins with a chapter-by-chapter summary of the book while emphasising the main strengths and novel contributions. This is followed …
The Role of the International Donor Agencies in the Politics of Sri Lanka
The objective of the paper is to examine the role of the two donor agencies, the IMF and the World Bank in the formulation of social welfare policies in the post-independence Sri Lanka. The ideologies of the two major parties in Sri Lanka, the United National Party (UNP) and the Sri Lanka Freedom Party (SLFP), became the determining factor in the formulation of social welfare policies before 1977. In this context, the IMF and the World Bank playe…
Outward-oriented Policy Reforms and Industrialisation: The Sri Lankan Experience
This article examines Sri Lanka's industrialisation experience following the policy reforms initiated in 1977, with a view to informing the contemporary debate on the role of outward-oriented trade and investment policy in industrialisation in developing countries. There is strong evidence that improved performance of domestic manufacturing through greater export orientation has brought about significant improvement in output and total factor pro…
Post-crisis export performance: The Indonesian experience in regional perspective
This paper examines post-crisis export performance in Indonesia against the backdrop of pre-crisis experience and the comparative export performance of other Southeast Asian countries. It surveys trends and patterns of export performance, focusing on comparative experience in major commodity categories and changing revealed comparative advantage. It also examines the implications for Indonesia's export performance of China's emergence as a major …
Foreign direct investment in crisis and recovery: Lessons from the 1997–1998 Asian crisis
Is foreign direct investment more resilient at the onset of an economic crisis and the subsequent economic collapse in a host country compared to other forms of foreign capital inflows? Are affiliates of multinational enterprises in a crisis‐hit country better equipped to withstand a crisis and aid the recovery process by readjusting their investment, production and sales strategies compared to local firms? This article examines these issues in t…
Determinants of Household Saving in Taiwan: Growth, Demography and Public Policy
This article examines the determinants of household saving in the process of economic development, in the light of the Taiwanese experience during the period 1952–99. The methodology involves the estimation of a saving rate function derived within the life-cycle framework. It is found that the household saving rate rises with both the level and the rate of growth of household disposable income. The real deposit rate has a significant positive imp…
Survey of Recent Developments
Manufactured exports and terms of trade of developing countries: Evidence from Sri Lanka
Terms of trade implications of diversification into manufactured exports in a traditional primary‐exporting country are examined in the light of the Sri Lankan experience over the past two decades. The empirical analysis focuses on trends in both commodity and income terms of trade, employing a methodology which takes care of the ‘spurious regression’ problem. The results suggest that, contrary to the ‘new’ terms of trade pessimism, export divers…
Liberalization and Industrial Transformation: Lessons from the Sri Lankan Experience
This article aims to contribute to this debate using a case study of Sri Lanka. During the first decade after independence in 1948, Sri Lanka continued with a liberal trade regime until growing balance-of-payments problems induced a policy shift toward protectionist import-substitution policies starting in the early 1960s. By the mid-1970s, the Sri Lankan economy had become one of the most inward-oriented and regulated economies outside of the gr…
The political economy of agricultural trade policy: Sri Lanka in the Uruguay round
The Uruguay Round Agreement on Agriculture (URAA) laid a firm foundation for establishing a rule‐based world trading system, encompassing both developed and developing countries, for agricultural products. This paper aims to broaden our understanding about the constraints faced by developing countries in their attempts to comply with new URAA rules through a comparative case study of Sri Lanka in the South Asian context. We find Sri Lanka's polic…
Processed food exports from developing countries: Patterns and determinants
Gains from Indonesian Export Growth: Do Linkages Matter
Intersectoral input linkages are often used as a criterion for assessing the developmental impact of export-led industrialisation, and for determining export development policy priorities. The authors argue, in the light of recent Indonesian experience, that this closed-economy planning tool is fundamentally flawed as a criterion for evaluating policy and performance in an export-oriented growth strategy For the period 1985 to 1995 we examine the…
Modelling NIE exports: Aggregation, quantitative restrictions and choice of econometric methodology
The current debate regarding the robustness of estimates of export demand and supply elasticities for NIEs is examined by modelling manufactured exports from Korea. The results suggest that normalisation of the export demand function for price rather than quantity is an important issue in estimating export demand functions of small countries, and that estimates of export demand elasticities at high levels of aggregation are subject to potentially…
International Labour Migration Statistics in Asia: An Appraisal
The present paper attempts a critical review of the data systems of seven major labour-exporting countries--Bangladesh, India, Indonesia, Pakistan, Philippines, Sri Lanka and Thailand--which account for over 90 per cent of labour outflows from Asia....Data...are discussed under separate sections focusing on limitations as well as potential for further exploitation.... For all countries reviewed here, these data significantly understate total labo…
India: Macroeconomic and Political Economy 1964-1991
Journal Article India: Macroeconomic and Political Economy 1964-1991. Get access India: Macroeconomic and Political Economy 1964-1991. By Joshi (Vijay) and LITTLE (I. M. D.). (Washington, DC: World Bank, 1994. Pp. xviii + 397. Rs. 325 hardback, US $25.00 paperback. ISBN 0 8213 2652 X, 019 563649 X.)Macroeconomic Policies, Crises, and Long- Term Growth in Indonesia, 1965-90. By Woo (Wing Thye), Glassburner (Bruce) and Nasution (Anwar). (Washington…
Post-crisis export performance: The Indonesian experience in regional perspective
This paper examines post-crisis export performance in Indonesia against the backdrop of pre-crisis experience and the comparative export performance of other Southeast Asian countries. It surveys trends and patterns of export performance, focusing on comparative experience in major commodity categories and changing revealed comparative advantage. It also examines the implications for Indonesia's export performance of China's emergence as a major …
The Impact of Foreign Labor on Host Country Wages: The Experience of a Southern Host, Malaysia
Economic corridors and regional development: The Malaysian experience
Foreign direct investment in industrial transition: The experience of Vietnam
This paper examines the role of foreign direct investment (FDI) in the process of industrial transition in Vietnam under market-oriented reforms. The findings are consistent with the conventional wisdom that concomitant liberalisation of trade and investment regimes, accompanied by creating a congenial environment for market-based decision making by the private agents, is vital for reaping developmental gains from FDI. During the 1990s growth of …
Improving the Contribution of Migrant Remittances to Development: The Experience of Asian Labour‐exporting Countries
The purpose of this paper is to review policy initiatives [concerning migrant remittances] in six major labour-exporting countries in Asia--Bangladesh, India, Korea, the Philippines, Pakistan, Sri Lanka, and Thailand. Where relevant, the experience of these countries will be compared and contrasted with those of labour-exporting countries in other parts of the world....[The author concludes that] the imposition of mandatory remittance requirement…
Export Performance of 'New Exporting Countries: How Valid is the Optimism
Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports
This paper examines the relationship between exchange rate changes and Japanese export pricing behaviour employing a methodology which permits the separate measurement of pricing to market behaviour and the cost impact of exchange rate changes. The results suggest that incomplete pass-through of exchange rate changes is a pervasive phenomenon, but rejects the widely held view that Japanese export firms have relied more heavily on pricing to marke…
Multinational firms and export performance in developing countries: Some analytical issues and new empirical evidence
International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka
Premachandra Athukorala, International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka, The International Migration Review, Vol. 24, No. 2, Special Issue: Labor Recruiting Organizations in the Developing World (Summer, 1990), pp. 323-346
Manufactured exports from developing countries and their terms of trade: A reexamination of the Sarkar-Singer results
International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka
This article attempts to shed light on the issue of how far the labor exporting countries can monitor the process of reinsertion of return migrants in the domestic economy, with a view to maximizing net gains from international labor migration, drawing upon the experience of Sri Lanka. It begins with an examination of the socioeconomic characteristics of migrant workers with special emphasis on their post-migration activity status and the pattern…
Growth of manufactured exports, primary commodity dependence, and net export earnings: Sri Lanka
Domestic Value Added, Exports and Employment: An Input–Output Analysis of Indonesian Manufacturing
The paper is motivated by the current emphasis on the share of domestic value added in exports (SVEX) as a policy criterion for export development strategy in developing countries. Our hypothesis is that the policy emphasis on SVEX, which harks back to the import substitution era, is inconsistent with the objectives of achieving economic growth with employment generation in this era of economic globalisation. We test this hypothesis by examining …
Sri Lanka's post-civil war development challenge: Learning from the past
The end of the ethnic conflict in Sri Lanka in 2009 generated widespread expectations of a period of sustained economic growth, building on the achievements of the liberalization reforms over the three previous decades. However, recent developments have dampened that optimism, rekindling fears that Sri Lanka's tale of missed opportunities may continue. The analysis in this paper suggests that the return to the failed past policies of inward-orien…
Processed food exports from developing countries: Patterns and determinants
Domestic financial market and the trade liberalization outcome: Evidence from Sri Lanka
Global Productions Sharing and Local Entrepreneurship in Developing Countries: Evidence from Penang Export Hub, Malaysia
This article examines opportunities and policy options for developing countries to promote engagement of local firms in global production networks. The article begins with a stage-setting overview of the ongoing process of global production sharing and the emerging opportunities local firm's engagement. It then undertakes an illustrative case study of the export hub in the state of Penang in Malaysia. Forging operational links between multination…
The Role of the International Donor Agencies in the Politics of Sri Lanka
The objective of the paper is to examine the role of the two donor agencies, the IMF and the World Bank in the formulation of social welfare policies in the post-independence Sri Lanka. The ideologies of the two major parties in Sri Lanka, the United National Party (UNP) and the Sri Lanka Freedom Party (SLFP), became the determining factor in the formulation of social welfare policies before 1977. In this context, the IMF and the World Bank playe…
The political economy of agricultural trade policy: Sri Lanka in the Uruguay round
The Uruguay Round Agreement on Agriculture (URAA) laid a firm foundation for establishing a rule‐based world trading system, encompassing both developed and developing countries, for agricultural products. This paper aims to broaden our understanding about the constraints faced by developing countries in their attempts to comply with new URAA rules through a comparative case study of Sri Lanka in the South Asian context. We find Sri Lanka's polic…
Gains from Indonesian Export Growth: Do Linkages Matter
Intersectoral input linkages are often used as a criterion for assessing the developmental impact of export-led industrialisation, and for determining export development policy priorities. The authors argue, in the light of recent Indonesian experience, that this closed-economy planning tool is fundamentally flawed as a criterion for evaluating policy and performance in an export-oriented growth strategy For the period 1985 to 1995 we examine the…
International Labour Migration Statistics in Asia: An Appraisal
The present paper attempts a critical review of the data systems of seven major labour-exporting countries--Bangladesh, India, Indonesia, Pakistan, Philippines, Sri Lanka and Thailand--which account for over 90 per cent of labour outflows from Asia....Data...are discussed under separate sections focusing on limitations as well as potential for further exploitation.... For all countries reviewed here, these data significantly understate total labo…
India: Macroeconomic and Political Economy 1964-1991
Journal Article India: Macroeconomic and Political Economy 1964-1991. Get access India: Macroeconomic and Political Economy 1964-1991. By Joshi (Vijay) and LITTLE (I. M. D.). (Washington, DC: World Bank, 1994. Pp. xviii + 397. Rs. 325 hardback, US $25.00 paperback. ISBN 0 8213 2652 X, 019 563649 X.)Macroeconomic Policies, Crises, and Long- Term Growth in Indonesia, 1965-90. By Woo (Wing Thye), Glassburner (Bruce) and Nasution (Anwar). (Washington…
Growth of manufactured exports, primary commodity dependence, and net export earnings: Sri Lanka
Export Performance of 'New Exporting Countries: How Valid is the Optimism
International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka
Premachandra Athukorala, International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka, The International Migration Review, Vol. 24, No. 2, Special Issue: Labor Recruiting Organizations in the Developing World (Summer, 1990), pp. 323-346
International Contract Migration and the Reintegration of Return Migrants: The Experience of Sri Lanka
This article attempts to shed light on the issue of how far the labor exporting countries can monitor the process of reinsertion of return migrants in the domestic economy, with a view to maximizing net gains from international labor migration, drawing upon the experience of Sri Lanka. It begins with an examination of the socioeconomic characteristics of migrant workers with special emphasis on their post-migration activity status and the pattern…
Manufactured exports from developing countries and their terms of trade: A reexamination of the Sarkar-Singer results
Domestic financial market and the trade liberalization outcome: Evidence from Sri Lanka
Improving the Contribution of Migrant Remittances to Development: The Experience of Asian Labour‐exporting Countries
The purpose of this paper is to review policy initiatives [concerning migrant remittances] in six major labour-exporting countries in Asia--Bangladesh, India, Korea, the Philippines, Pakistan, Sri Lanka, and Thailand. Where relevant, the experience of these countries will be compared and contrasted with those of labour-exporting countries in other parts of the world....[The author concludes that] the imposition of mandatory remittance requirement…
Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports
This paper examines the relationship between exchange rate changes and Japanese export pricing behaviour employing a methodology which permits the separate measurement of pricing to market behaviour and the cost impact of exchange rate changes. The results suggest that incomplete pass-through of exchange rate changes is a pervasive phenomenon, but rejects the widely held view that Japanese export firms have relied more heavily on pricing to marke…
Multinational firms and export performance in developing countries: Some analytical issues and new empirical evidence
Modelling NIE exports: Aggregation, quantitative restrictions and choice of econometric methodology
The current debate regarding the robustness of estimates of export demand and supply elasticities for NIEs is examined by modelling manufactured exports from Korea. The results suggest that normalisation of the export demand function for price rather than quantity is an important issue in estimating export demand functions of small countries, and that estimates of export demand elasticities at high levels of aggregation are subject to potentially…
International Labour Migration Statistics in Asia: An Appraisal
The present paper attempts a critical review of the data systems of seven major labour-exporting countries--Bangladesh, India, Indonesia, Pakistan, Philippines, Sri Lanka and Thailand--which account for over 90 per cent of labour outflows from Asia....Data...are discussed under separate sections focusing on limitations as well as potential for further exploitation.... For all countries reviewed here, these data significantly understate total labo…
India: Macroeconomic and Political Economy 1964-1991
Journal Article India: Macroeconomic and Political Economy 1964-1991. Get access India: Macroeconomic and Political Economy 1964-1991. By Joshi (Vijay) and LITTLE (I. M. D.). (Washington, DC: World Bank, 1994. Pp. xviii + 397. Rs. 325 hardback, US $25.00 paperback. ISBN 0 8213 2652 X, 019 563649 X.)Macroeconomic Policies, Crises, and Long- Term Growth in Indonesia, 1965-90. By Woo (Wing Thye), Glassburner (Bruce) and Nasution (Anwar). (Washington…
Gains from Indonesian Export Growth: Do Linkages Matter
Intersectoral input linkages are often used as a criterion for assessing the developmental impact of export-led industrialisation, and for determining export development policy priorities. The authors argue, in the light of recent Indonesian experience, that this closed-economy planning tool is fundamentally flawed as a criterion for evaluating policy and performance in an export-oriented growth strategy For the period 1985 to 1995 we examine the…
The political economy of agricultural trade policy: Sri Lanka in the Uruguay round
The Uruguay Round Agreement on Agriculture (URAA) laid a firm foundation for establishing a rule‐based world trading system, encompassing both developed and developing countries, for agricultural products. This paper aims to broaden our understanding about the constraints faced by developing countries in their attempts to comply with new URAA rules through a comparative case study of Sri Lanka in the South Asian context. We find Sri Lanka's polic…
Processed food exports from developing countries: Patterns and determinants
Manufactured exports and terms of trade of developing countries: Evidence from Sri Lanka
Terms of trade implications of diversification into manufactured exports in a traditional primary‐exporting country are examined in the light of the Sri Lankan experience over the past two decades. The empirical analysis focuses on trends in both commodity and income terms of trade, employing a methodology which takes care of the ‘spurious regression’ problem. The results suggest that, contrary to the ‘new’ terms of trade pessimism, export divers…
Liberalization and Industrial Transformation: Lessons from the Sri Lankan Experience
This article aims to contribute to this debate using a case study of Sri Lanka. During the first decade after independence in 1948, Sri Lanka continued with a liberal trade regime until growing balance-of-payments problems induced a policy shift toward protectionist import-substitution policies starting in the early 1960s. By the mid-1970s, the Sri Lankan economy had become one of the most inward-oriented and regulated economies outside of the gr…
Survey of Recent Developments
Foreign direct investment in crisis and recovery: Lessons from the 1997–1998 Asian crisis
Is foreign direct investment more resilient at the onset of an economic crisis and the subsequent economic collapse in a host country compared to other forms of foreign capital inflows? Are affiliates of multinational enterprises in a crisis‐hit country better equipped to withstand a crisis and aid the recovery process by readjusting their investment, production and sales strategies compared to local firms? This article examines these issues in t…
Determinants of Household Saving in Taiwan: Growth, Demography and Public Policy
This article examines the determinants of household saving in the process of economic development, in the light of the Taiwanese experience during the period 1952–99. The methodology involves the estimation of a saving rate function derived within the life-cycle framework. It is found that the household saving rate rises with both the level and the rate of growth of household disposable income. The real deposit rate has a significant positive imp…
Outward-oriented Policy Reforms and Industrialisation: The Sri Lankan Experience
This article examines Sri Lanka's industrialisation experience following the policy reforms initiated in 1977, with a view to informing the contemporary debate on the role of outward-oriented trade and investment policy in industrialisation in developing countries. There is strong evidence that improved performance of domestic manufacturing through greater export orientation has brought about significant improvement in output and total factor pro…
Post-crisis export performance: The Indonesian experience in regional perspective
This paper examines post-crisis export performance in Indonesia against the backdrop of pre-crisis experience and the comparative export performance of other Southeast Asian countries. It surveys trends and patterns of export performance, focusing on comparative experience in major commodity categories and changing revealed comparative advantage. It also examines the implications for Indonesia's export performance of China's emergence as a major …
The Role of the International Donor Agencies in the Politics of Sri Lanka
The objective of the paper is to examine the role of the two donor agencies, the IMF and the World Bank in the formulation of social welfare policies in the post-independence Sri Lanka. The ideologies of the two major parties in Sri Lanka, the United National Party (UNP) and the Sri Lanka Freedom Party (SLFP), became the determining factor in the formulation of social welfare policies before 1977. In this context, the IMF and the World Bank playe…
Trade Liberalisation and The Poverty of Nations: A Review Article
This paper aims to contribute to the contemporary policy debate on the role of trade policy reforms in economic development and poverty reduction in developing countries through a review of Trade Liberalisation and The Poverty of Nations by A.P. Thirlwall and Penelope Pacheco-Lopez (Cheltenham, UK: Edward Elgar). It begins with a chapter-by-chapter summary of the book while emphasising the main strengths and novel contributions. This is followed …
Foreign direct investment in industrial transition: The experience of Vietnam
This paper examines the role of foreign direct investment (FDI) in the process of industrial transition in Vietnam under market-oriented reforms. The findings are consistent with the conventional wisdom that concomitant liberalisation of trade and investment regimes, accompanied by creating a congenial environment for market-based decision making by the private agents, is vital for reaping developmental gains from FDI. During the 1990s growth of …
Economics (33 works) · Global trade and economics (22 works) · Political science (18 works) · Business (17 works) · Economic growth (17 works) · International economics (13 works) · Sri lanka (13 works) · International trade (12 works) · Market economy (11 works) · Development economics (10 works)