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Are Sri Lanka’s exports to India overdependent on concessions?
(Colombo: Verité Research, 2016-05-26)
Sri Lanka’s exports as a share of GDP has declined from 33% in 2000 to 13% in 2015. One of the solutions has been to diversify Sri Lanka’s markets. This is because over 50% of Sri Lanka’s exports go to the EU and the United ...
Cigarette Taxes Need Parliament’s Oversight
(Colombo: Verité Research, 2016-06-02)
Every year, on the 31st of May, the World Health Organisation (WHO) and partners mark World No Tobacco Day. This day is set apart to highlight the health risks associated with tobacco use and to advocate for effective ...
The Tea Industry: A New Sustainability Approach
(Colombo: Verité Research, 2013-06-09)
What do unions do? In a landmark title by this name (1984), Harvard University economists Richard Freeman and James Medoff demonstrated that labour unions have two faces. One is confrontational and the other is cooperative. ...
Trademark Registration: From Colombo to Madrid
(Colombo: Verité Research, 2016-11-30)
The Madrid Protocol is a global mechanism for registering trademarks outside one’s home country. It reduces the time, inconvenience and cost incurred by companies attempting to ensure international recognition and protection ...
Can the Singapore Chinthanaya work for Sri Lanka?
(Colombo: Verité Research, 2013-10)
Singapore is a classic example of an Asian country that avoided the middle-income trap, and it has often been sighted as a model for Sri Lanka. This article substantiates the claim that there is neither a theoretical nor ...
A Win-Win Solution for Management and Workers in the Tea industry
(Colombo: Verité Research, 2013-03)
Pareto Efficiency is an important concept in economics. It occurs when all win-win opportunities have been fully pursued. In societies as well as in organisations there are numerous opportunities to make changes that leave ...
The post war growth bump has hit the ceiling
(Colombo: Verité Research, 2013-08)
This article explores the question of whether Sri Lanka could expect higher sustained GDP growth post-war and concludes that the post-war bump-up is over for the time being. It suggests that the high growth is unsustainable ...
Exchange rate management: politics trumps professionalism
(Colombo: Verité Research, 2016-01-26)
Most people in a country don’t understand the intricacies of exchange rate management. Nevertheless, actions in this regard have significant implications for the economic stability, growth and overall success of the economy, ...
Sri Lanka’s international borrowing costs are not declining
(Colombo: Verité Research, 2014-11)
The government first raised international debt through bonds in October 2007. Since then several international bonds have been issued to feed the government’s twin demands: financing its spending and propping up foreign ...
Sri Lanka’s tea industry – too long in adolescence, it’s time to grow up
(Colombo: Verité Research, 2016-02-26)
Tea sector wage negotiations periodically go into deadlock. There are political reasons for this situation, but also an overarching economic one: global tea prices have declined – as it periodically happens – and the ...