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The “Sri Lanka State of the Economy: 2002”—a report published
by the Institute of Policy Studies (IPS) was recently launched
when Dr. Saman Kelegama—Executive Director of IPS—officially
handed over a copy of the report to the Minister of Science
and Technology—Mr. Keheliya Rambukwella. The launch took
place at a seminar jointly organized by IPS and the World
Bank on “Technology Development in East Asia: Lessons for
Other Developing Countries” held at Club Palm Bay, Marawila.
The “Sri Lanka State of the Economy”
report is an annual publication put out by the Institute
of Policy Studies, and is both a comprehensive overview
and analysis of the country’s economy. The theme chosen
for 2002 is “Agriculture”—the report includes an in depth
review of agriculture policy in Sri Lanka with a case study
on agriculture policy implications on Sri Lanka’s coconut
industry.
The introductory section on “Policy
Perspectives and Performance” reviews policies implemented
in 2001-2002, analyses the macroeconomic performance of
the country, and discusses developments in the international
environment that impacted the Sri Lankan economy during
the period under review. Section Three looks at leading
issues in the development process: the problems and prospects
of small and medium enterprises (SMEs); issues and options
in poverty alleviation initiatives; wage bargaining in the
plantation sector; and the role effective governance plays
in economic performance. The section on “Policy Briefs”
summarizes key topics in current economic debate: sovereign
ratings, the Indo-Lanka Free Trade Agreement, war risk insurance,
tradable environment credits and the Sinharaja forest, a
multi-regulator, and the recently introduced VAT.
The “Sri Lanka State of the Economy:
2002” can be purchased at IPS.
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