This article explores China’s on-going One Belt One Road initiative, milestones of the journey, challenges ahead and the implications for Sri Lanka.
With the proposed FTA between Sri Lanka and China, under negotiations, Nipuni Perera points out the need to bear in mind the complexity of entering and operating in the country when considering doing business in China.
Sri Lanka and China have embarked on a joint feasibility study of a Free Trade Agreement (FTA) and an agreement is expected to be sealed by the end of the year according to a number of reports in the media recently. However, there has been little analysis or discussion about the potential for trade expansion under a Sri Lanka-China FTA beyond general statements on how it would potentially boost bilateral trade. This blog takes a first attempt at addressing this gap.
Sri Lanka stands at important crossroads as it makes a decisive transition into a middle-income economy. With GDP growth targeted at 7.5 – 8% over the medium term, the need for effective fiscal consolidation cannot be overemphasized. In this light, …
IPS recently hosted a discussion on the Sri Lankan perspectives of a World Bank report titled ‘More and Better Jobs in South Asia’ and brought to light many issues related to the Sri Lankan job market. Among the diverse range of views that surfaced, the debate on “what really is a better job?” was an interesting one that emerged. As several panelists argued, for Sri Lankans, “better jobs” may not always be determined by just the wages people earn. For the Sri Lankan worker other things clearly matter too.