Sri Lanka’s Economic Competitiveness: A Microcosm of its Politics?

Abstract

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. While Sri Lanka has experienced a steady increase in the objective indicators, the steep decline in sentiment indicators have overshadowed these improvements, driving down the country’s overall score and rank.