You are here -allRefer - Reference - Country Study & Country Guide - Sri Lanka >

allRefer Reference and Encyclopedia Resource

allRefer    
allRefer
   


-- Country Study & Guide --     

 

Sri Lanka

 
Country Guide
Afghanistan
Albania
Algeria
Angola
Armenia
Austria
Azerbaijan
Bahrain
Bangladesh
Belarus
Belize
Bhutan
Bolivia
Brazil
Bulgaria
Cambodia
Chad
Chile
China
Colombia
Caribbean Islands
Comoros
Cyprus
Czechoslovakia
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Finland
Georgia
Germany
Germany (East)
Ghana
Guyana
Haiti
Honduras
Hungary
India
Indonesia
Iran
Iraq
Israel
Cote d'Ivoire
Japan
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Latvia
Laos
Lebanon
Libya
Lithuania
Macau
Madagascar
Maldives
Mauritania
Mauritius
Mexico
Moldova
Mongolia
Nepal
Nicaragua
Nigeria
North Korea
Oman
Pakistan
Panama
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Saudi Arabia
Seychelles
Singapore
Somalia
South Africa
South Korea
Soviet Union [USSR]
Spain
Sri Lanka
Sudan
Syria
Tajikistan
Thailand
Turkmenistan
Turkey
Uganda
United Arab Emirates
Uruguay
Uzbekistan
Venezuela
Vietnam
Yugoslavia
Zaire

Sri Lanka

The United National Party Regains Power, 1965-70

The UNP "national government" emerged victorious in the March 1965 elections, capturing more than 39 percent of parliamentary seats, compared to SLFP's 30.2 percent. One of the first actions of the new government, led by Senanayake, was to declare that the nation's economy was virtually bankrupt. Senanayake also announced his intention to improve relations with the United States. (In 1963 the United States had suspended aid to Sri Lanka because of Bandaranaike's nationalization of foreign oil concerns.)

The government tried to develop a mixed economy with an emphasis on the private sector. Between 1965 and 1970, private sector investment was double that of the public sector, thereby reversing the trend set in the previous administration. Despite the UNP's emphasis on the private sector, the economy generally failed to show a major improvement. This failure was partly caused by a nearly 50 percent increase in the cost of rice imports after a worldwide shortage in 1965 and a concurrent steep decline in the price of Sri Lanka's export commodities. In 1966 the UNP government was forced to declare a state of emergency to ward off food riots. Senanayake reduced the subsidized weekly rice ration by half. The reduction remained in effect throughout the remainder of the "national government" period and contributed greatly to UNP's defeat in the 1970 general elections.

The UNP paid more attention to Buddhist sensitivities than it had in the past, and in an effort to widen the party's popularity, it replaced the Christian sabbath with the Buddhist poya full-moon holiday. This action satisfied Buddhist activists but alienated the small but powerful Roman Catholic lobby. The UNP also tried to earn favor with the Tamils by enacting the Tamil Regulations in 1966, which were designed to make Tamil a language officially "parallel" to Sinhala in Tamilspeaking regions. Sinhalese activists immediately expressed hostility toward the Tamil Regulations. Civil violence ensued, and the government was forced to proclaim a state of emergency that lasted for most of the year.

Data as of October 1988


Sri Lanka - TABLE OF CONTENTS

  • Sri Lanka - Introduction
  • Sri Lanka -

    Chapter 1. Historical Setting


  • Go Up - Top of Page

    Make allRefer Reference your HomepageAdd allRefer Reference to your FavoritesGo to Top of PagePrint this PageSend this Page to a Friend


    Information Courtesy: The Library of Congress - Country Studies


    Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.

     

     

     
     


    About Us | Contact Us | Terms of Use | Privacy | Links Directory
    Link to allRefer | Add allRefer Search to your site

    ©allRefer
    All Rights reserved. Site best viewed in 800 x 600 resolution.