Browsing Articles by Title
Now showing items 11-27 of 27
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Impact of COVID-19 Response on Unemployment in Sri Lanka
(Washington: Center for International Private Enterprise, 2020-10-01)Goal number eight of the Sustainable Development Goals is set out as “Decent work and economic growth.” This goal recognizes that economic growth is not just an end, but also a means in itself of generating jobs – productive ... -
Improving Lankan Women’s Access to Economic Opportunities: The Business Case
(Colombo: Daily Mirror, 2023-03-30)As we in Sri Lanka explore the pathways out of the current crisis, it is imperative that we acknowledge the mammoth contributions that women make to the economy, hidden and unpaid, and seriously consider how to improve ... -
Is Sri Lanka Addicted to Missing Revenue Targets?
(Colombo: Daily Mirror, 2023-10-30)It is all too familiar that Sri Lanka has a problem in meeting its budgeted revenue targets. Recently, a government member of parliament (MP) who voted in favour of the budget last year, said that the tax increases that ... -
Large Scale Infrastructure, Small Scale Disclosure: Fertile Ground for Corruption
(Colombo: Daily Mirror, 2023-08-31)Large sums of money borrowed for large infrastructure projects is a key contributor to Sri Lanka’s Mountain of foreign debt, which the country is struggling to pay back. Lack of transparency, coupled with poor governance ... -
Let’s Shield the EPF With the Instincts of Winston Churchill
(Colombo: Daily Mirror, 2023-07-06)The private sector workers of Sri Lanka are required by law to transfer 23% of their incomes to the Employees’ Provident Fund (EPF) and the Employees’ Trust Fund (ETF) every month, towards their retirement savings. The EPF ... -
The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka
(Colombo: DailyFT, Colombo: Daily Mirror, Online: International Banker, 2023-04-27)The recent sovereign default of Sri Lanka has once again brought attention to the effectiveness of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) approach. This programmes provides loans of short ... -
Post-Covid19: Can the Sri Lankan apparel sector benefit from US-China decoupling? A statistical analysis
(National Science Foundation, Sri Lanka, 2021)The “US-China decoupling” has received much attention with the deterioration of US-China diplomatic and economic ties under the Trump administration. US firms seeking to reduce their reliance on China offers an economic ... -
Restoring Economic Stability in Sri Lanka: An Overview of the IMF Extended Fund Facility
(Colombo: Daily Mirror, 2023-04-13)On March 20, 2023, the International Monetary Fund (IMF) Board approved Sri Lanka's 17th IMF programme, under the Extended Fund Facility (EFF) arrangement, aimed at addressing the significant economic challenges faced by ... -
Restructuring Domestic Debt Must Be Credible, Fast, Comprehensive
(Colombo: Daily Mirror, 2023-06-08)With the possibility of restructuring domestic debt increasing, there are concerns about the impact of such a restructuring on the financial markets. A limited restructuring, in which only government debt held by the Central ... -
Schrodinger’s Banks: The Immediate Need for Policies to Ensure Financial Stability
(Colombo: Daily Mirror, 2023-09-14)Sri Lanka is entering into a new, dangerous phase in its economic recovery. Although macroeconomic stabilisation has made progress, financial stabilisation needs immediate attention. The combination of covid-era loans and ... -
Social and Household Networks in Sri Lanka: Does Networking Create a Disparity in Employment Outcomes
(Social Science Research Network, 2019-11-15)This paper estimates the impact of social and household networks on employment outcomes in Sri Lanka.The results indicate that social networks, measured by language choice and locality, improve employment outcomes by ... -
"Sugar Scam” is Not the Whole Iceberg: “Forestalling” Needs a Rule-of-Law Solution
(Colombo: Daily Mirror, 2023-11-09)On 14 October 2020, taxes on imported sugar were slashed overnight from LKR 50 to LKR 25 cents per kilogram. That is a reduction of 99.5%. This led to much discussion in media and parliament about the large undue profits ... -
Too Many ‘Known Unknowns’ in Sri Lanka’s IMF Programme
(Colombo: Daily Mirror, 2023-08-17)Sri Lanka’s programme is planned to deliver 71 outcomes by the end of September. Presently, as of the end of July, 35 are “met” and 14 are “unknown”. There are 8 more that are “not met”. That means the ratio of unknowns ... -
The Troubling Lack of Compliance by Public Authorities With RTI Act
(Colombo: Daily Mirror, 2023-09-28)Today (28 September) marks the international day for universal access to information. This year’s theme is ‘the importance of the online space for access to information'. Public access to information is an essential element ... -
Why Does Sri Lanka Claim it Has Less Capacity Than Least Developed Countries for Trade Facilitation?
(Colombo: Daily Mirror, 2023-06-22)Higher costs and time resulting from opaque, complex, time consuming, manual export and and import procedures discourage businesses from engaging in international trade and undermine their international competitiveness. ... -
Why Tracking the IMF Programme Implementation is of Public Interest
(Colombo: Daily Mirror, 2023-05-25)As Sri Lanka enters its 17th International Monetary Fund (IMF) programme, a critical question remains. Will the country break from the past patterns of inconsistency and failure in following the plan it lays out with the ... -
Zoned Out: Export Ambitions Hindered by Land Limitations
(Colombo: Daily Mirror, 2023-10-12)The experiences of East Asian and Southeast Asian countries such as Malaysia, Vietnam and Thailand, show that foreign direct investment (FDI) into export-oriented sectors is critical to accelerate growth in manufactured ...