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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 ...
USD 20 billion export target by 2020: Aiming to be mediocre
(Colombo: Verité Research, 2014-08)
In 2014, the government set an 'ambitious' target to increase exports to USD 20 billion by 2020. The Insight argues that this target is rather mediocre and yet, even with such a low bar, it is out of Sri Lanka's reach. ...