In the recent past, after second wave of reforms program, finances of Sri Lanka assumed utmost importance and attracted the concentration of experts, analysts, policymakers and regulatory bodies. The country has initiated reforms process to overcome the poor position of its finances. The...

The Japanese economy was seen as a role model for other emerging economies which were striving for consistent economic growth and it was all set to take over the US by the 1990s. However, Japan experienced structural problems that pushed the economy deep into stagnation. The economic growth of...

Ever since the economic reforms have begun in India in early ‘90s, the banking sector in India has made a tremendous progress and has come a long way since then. Unarguably, banks are the most important part of a country’s financial system. In India, till ’90s the banking sector was...