IPS’ New Thinkers’ Symposium saw discussions at the Policy Hub focus on some of recent government initiatives aimed at creating an enabling environment for economic transformation in Sri Lanka through technology and innovation under the Symposium’s overall theme of Technology and Economic Transformation.
Sri Lanka boasts of a relatively high literacy rate of 92 per cent amongst its population. However, its computer literacy rate is a meagre 27.5 per cent. In the context of the of the Fourth Industrial Revolution (4IR), if Sri Lanka is to circumvent the middle income trap and achieve high income status, its economic transformation has to be driven by technology and innovation. This blog briefly discusses some salient points on this matter, with a particular focus on those highlighted at IPS’ New Thinkers’ Symposium.
IPS’ New Thinkers’ Symposium featured an Innovations Hub, a space for entrepreneurs and innovators to showcase their work. Citra Labs, SYNAPSYS, Dialog Digital Services, and Jigsaw Ensemble presented their work, in line with the Symposium’s overall theme of Technology and Economic Transformation. The discussion highlighted the manner in which innovative products and services address economic policy issues that are of interest to the research community.
Allowing Youth to Tuk-Tuk or not Tuk-Tuk: Should Access to Three Wheeler Market in Sri Lanka be Regulated?
The large number of youth being employed as three wheeler drivers in Sri Lanka has concerned policymakers, especially given the widespread labour shortages in the country. The government has tried to intervene in the tuk-tuk market by attempting to impose an age restriction on three-wheeler operators. But is this a smart move? This blog attempts to clarify some myths about the three wheeler market, while weighing in on the debate on whether the government should impose an age restriction on three-wheel drivers.
Sri Lanka had climbed to the fourth place among countries most affected by extreme weather events in 2016, according to the Global Climate Risk Index (CRI). This means that appropriate climate policies are more important than ever before. In an effort enhance its role in climate policy research, IPS conducted a policy engagement forum this year. The deliberations at the forum reiterated that timely, comprehensive, and evidence-based research is a key pillar in mitigating the impacts of climate change.