Even though most Sri Lankans, especially those in poor and rural communities, are vulnerable to various types of risks, the demand for insurance is significantly low. This article by Manoj Thibbotuwawa examines microinsurance as an alternative to regular insurance and provides recommendations to make microinsurance schemes more viable in Sri Lanka.
Poverty is a significant indication of a nation’s human development and social economic status. As such, eradicating extreme poverty and reducing all dimensions of poverty is an important Sustainable Development Goal. This article by Wimal Nanayakkara looks at the status of poverty in Sri Lanka, based on different poverty lines, both national and global. The estimates are based on the “Household Income and Expenditure Survey-2012/13” (HIES-12/13), conducted by the Department of Census and Statistics (DCS).
Women’s Labour Force Participation in Sri Lanka: An Inquiry into the Key Social and Cultural Constraints
Social and cultural norms and practices continue to impede the full and equal participation of women in the labour market. On February 20th, the World Day of Social Justice, this article will examine the key socio-cultural constraints to female labour force participation and provide recommendations aimed at tapping into the full economic potential that women to stimulate growth in Sri Lanka.
Regulating Financial Services for the Poor in Sri Lanka: A Closer Look at the Long-Awaited Microfinance Act
This article reviews the Microfinance Act of Sri Lanka that came into effect in July 2016 and discusses its benefits and concerns.
This article explores measures that can be taken to achieve the SDG targets reducing incidence of poverty by half and eradicating extreme poverty, which came into effect this year, by 2030.