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    ISAS Working Papers

    Long-term studies on trends and issues in South Asia

    317 : Implications of a New “Normal” Indian Ocean Economy for Sri Lanka

    Ganeshan Wignaraja

    8 March 2019

    This paper looks at the macroeconomic implications of the Indian Ocean economy for Sri Lanka since the 2008-09 global financial crisis. It maps the region’s trade and growth outlook, examines Sri Lanka’s role in the regional economy, explores challenges to realizing the regional outlook and outlines Sri Lanka’s diplomatic initiative to ensure the peaceful rise of the Indian Ocean economy.