LONG-TERM PROJECTIONS FOR CEYLON, 1964–1973

Part I deals with projections over ten years of exports and imports based on certain assumptions regarding growth in gross domestic product, population, terms of trade movement, etc. Part II considers the possibilities of import substitution in the agricultural sector with a view to bridging the trade gap. Part III analyses the implication of the assumptions made in Parts I and II on the domestic sector of the economy and the sectoral rates have been estimated. The final section deals with the investments required in the different sectors to achieve the growth rates derived in Part III.