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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 ...
Explaining the Mirage of GDP Growth Optimism
(Colombo: Verité Research, 2014-08)
The government estimates that by 2015 per capita GDP will quadruple from what it was in 2004. But this is a mirage: real incomes will not even double in that period. The mirage is created by counting in US dollars and ...
Exports to India – Putting the free back into the FTA
(Colombo: Verité Research, 2015-07)
Sri Lanka’s history with bi-lateral trade agreements demonstrates the need for more careful negotiation. This Insight explains how the tariff benefits of the India Sri Lanka Free Trade Agreement (ISFTA) have been outweighed ...
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 ...
Economic mismanagement is a governance problem – it needs governance solutions
(Colombo: Verité Research, 2016-05-11)
Elected officials and selected bureaucrats are given a huge amount of power to act on behalf of the public – modern democracies function on this basis: that citizens hand over their power to elected representatives. But ...
Sri Lanka’s Economic Competitiveness: A Microcosm of its Politics?
(2018-03)
The Global Competitiveness Index (GCI), ranks the competitiveness of
economies. The GCI score is calculated using two types of indicators: objective
(or measurable) indicators and sentiment (or subjective) indicators. ...