Monetary policy is considered to be an important tool in the hands of an apex financial institution of any country in directing economic resources to achieve its goal. However there has been increasing literature focusing on its efficacy. This paper is an attempt in addressing the continuing...

The Importance of oil in the economy of any country cannot be overemphasized. The oil stocks in the 1970s sent shockwaves to almost all the countries in the world, oil importing countries in particular. Substantial literature has been developed basing on the role displayed by oil consumption in...

Economists argue that decentralization is desirable to enhance growth and development. There is a big demand for decentralization in developing countries and economies in transition. In response to the civil crises aroused in 1983 and afterwards, Sri Lanka introduced a decentralized system of...