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Now showing items 11-20 of 21
Fixing Sri Lanka’s Revenue Problem is a Priority
(Colombo: Verité Research, 2017-02-10)
Taxes are the key source of government revenue. Normally, tax share as a percentage of GDP is expected to increase as per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country’s per ...
The Budget Is Not Mainly About Money, It’s About Governance
(Colombo: Verité Research, 2015-10)
Budgeting is a governance process that drives national plans, priorities and policy. While much of that is reflected in the content of the budget, important governance aspects are also reflected in the budgeting process. ...
The Exporting Problem of SMEs: Finance is one solution
(Colombo: Verité Research, 2015-09)
Since the turn of the century, not only have Sri Lankan exports declined as a share of its GDP, but also in terms of its global share. Sri Lanka had a larger global share of exports at Independence, than at present. There ...
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 ...
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 ...
Trade in Services: Unearthing the devil in the details
(Colombo: Verité Research, 2016-04-06)
In 2016, Sri Lanka began its first round of negotiations on an Economic and Technological Cooperation Agreement (ECTA) with India. This envisages liberalising trade in services. The lack of information on what was being ...
Trade in Services: Sri Lanka needs to pull up its socks
(Colombo: Verité Research, 2016-03-09)
Two previous Verité Insights titled “Sri Lanka missing world’s biggest trade party and its in her backyard” & “Trade Agreements that don’t deliver the goods” published in May and June 2013 pointed out that Sri Lanka is ...
Justice in Slow Motion Corrodes Sri Lanka's Economy
(2013-07)
The Insight discusses three aspects regarding the inherent lengthy delays in the Sri Lankan court system. First, delays in dispute resolution are costly—and not merely in legal fees, but in investments and initiatives ...
TAs with India and China: Potential for Sri Lanka
(Colombo: Verité Research, 2014-04)
Sri Lanka has various levels of trade agreements (TAs) with both India and China. A new TA with China was mooted in 2014 and the appetite for that continues in the new presidency and policy context of 2015. While statistics ...
Improving Sri Lanka’s Business Environment: It’s not so difficult
(2014-11)
In his budget speech, Finance Minister, President Mahinda Rajapaksa said Sri Lanka “aims at gaining a ranking among the top 10 countries in Asia Pacific in the Doing Business Index (DBI).” This Insight finds constructive ...