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Iraq
war: Repercussions
for Sri Lanka
By
Asgar Hussein and Frederica Jansz
Sri
Lanka stands to suffer serious economic repercussions if the war in Iraq
drags on and spreads outside its borders. Such a scenario could result
in migrant workers being repatriated, tea exports slumping, tourism
declining and the cost of living rising due to increased oil prices.
However,
a short term conflict is unlikely to have very adverse consequences.
Analysts
believe that if the war drags on for over two months, the global economy
and business confidence will be badly hit.
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