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Economic Scars of Multiple Crises: From Data to Policy
There has been positive news on Sri Lanka’s economic front in 2024. Signs of slow but steady improvements to economic growth are occurring on the back of improved macroeconomic fundamentals with low inflation and a stable exchange rate. The improvements, however, have come at a cost as incomes have shrunk and households have adjusted their spending, especially on crucial areas like food and health. The disruption to the labour market is seeing more students staying on in education, a disinclination to search for jobs and high outmigration. These developments can also reshape the context within which an economic strategy is built to compete globally and drive rising living standards. Amidst these, electoral policy agendas threaten to reverse fiscal gains and the still fragile economic recovery.
This year’s IPS’ annual flagship report Sri Lanka: State of the Economy 2024 under the theme of “Economic Scars of Multiple Crises: From Data to Policy” examines these issues in detail to better understand the scale of challenges ahead and help build consensus on an economic strategy that will take Sri Lanka from stabilisation to growth and prosperity.
Publication
Available for sale at IPS and leading bookshops island-wide.
Contact
Mob: +0776 099898
Tel: +94-11-2143 100 / +94 -11-2665065
Email: [email protected]
ISBN
978-955-7397-33-7
Published Year
2024
Price
LKR 2,000