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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 ...
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 ...
The Economics of Media Freedom: is Sri Lanka on a virtuous or vicious cycle?
(Colombo: Verité Research, 2013-10)
This article explains the economic importance of media freedom by considering three reasons: i) indicative reasons; ii) instrumental reasons; and iii) integral reasons. Media freedom is indicatively important because it ...
‘Cess’ – End the Deception and Build ‘Street Lights’
(Colombo: Verité Research, 2013-11-27)
In Sri Lanka, ‘Cess’ is the name given to a special tax imposed on sales, where the revenue is earmarked for a specific fund with a particular economic purpose. This article discusses how the government has stymied export ...
The Economy is Growing, but Where are the Jobs?
(Colombo: Verité Research, 2013-06-26)
The Sri Lankan economy is reported to have grown by 6.4 percent in 2012. This was less than what was hoped, but still a robust level of growth. In 2010 and 2011 growth was an extremely healthy 8 percent and 8.2 percent. ...