In response to changing skills requirements in the 4IR, new and effective forms of e-learning are being adopted worldwide. Sri Lanka has launched an initiative to develop smart classrooms (SCs) in several schools across the country. Such technologies allow for the installation of interactive tools or applications, uploading homegrown content, and downloading interactive content online, and encourage more critical thinking and problem-solving skills necessary in a digital economy. Ashani Abayasekara takes a look at current SC projects in Sri Lanka, with the aim of assessing their role in driving the education sector forward in a 4IR era.
Innovation and technology are rapidly transforming production in a variety of industries and reshaping occupation profiles. Some jobs are being made obsolete while there are new types of work emerging. Is Sri Lanka’s job market ready to face the challenges and leverage the opportunities presented by the Fourth Industrial Revolution? Nisha Arunatilake and Chathurga Karunanayake explore.
Sri Lanka’s labour market has been riddled with persistent high informality, an unchanging low female labour force participation, and low quality of available jobs. Enhancing exports can be a solution to these intractable problems, according to the findings of the Exports to Jobs – Boosting the Gains from Trade in South Asia report, which shows that boosting exports improves domestic labour markets by creating jobs, increasing wages, and reducing informality.
Greater Social Protection for Sri Lankan Women through Better Jobs: Role of Technology and Innovation
Globally, 740 million women are employed in the informal economy, with limited access to social protection. In this context, this year the United Nations (UN) celebrated the International Women’s Day (IWD), under the theme ‘think equal, build smart, innovate for change’, focusing on how countries can achieve gender equality and empower women, particularly through social protection systems, public services, and sustainable infrastructure. Sunimalee Madurawala highlights the labour market conditions that hinder social protection coverage for women and examines how technology and innovation can help increase labour market access and opportunities for women.
In 2017, foreign exchange earnings from worker remittances to Sri Lanka stood at USD 7.2 billion, well ahead of other major foreign exchange earners, while they also covered 96% of the trade deficit. Despite a few fluctuations, worker remittances to Sri Lanka have been growing over the years. At the same time, many developments in ICT and FinTech have emerged to facilitate remittance transaction. Nevertheless, whilst simplifying and making remitting more efficient, these developments have made remittances even more complicated.