China’s ongoing reform programme is a focused and strategic effort that has the potential to transform the business climate and also competitiveness of Chinese exports. Sri Lanka should take a cue from it, argues Anushka Wijesinha. “China is still a …
A snapshot of IPS researchers insights (including audio interviews) on the growing China-Sri Lanka relationship, and what the future holds in store with the launching of a Free Trade Agreement
The one defining feature of the shifts in economics, geopolitics and society taking place today, is the rise of Asia. What are the factors influencing this rise? And what lessons do they hold for Sri Lanka’s growth journey?
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.
Last week, a team of Korean experts, who had been tasked with making recommendations on five policy areas for Sri Lanka (including SME development), submitted their final report to the authorities. I was particularly interested when I heard of this visit as I just completed a Visiting Fellowship at the KDI where my key research area was industrial policy in Korea, with a focus on SMEs. In the final research paper, I put forward some aspects of Korea’s SME development that may hold lessons for Sri Lanka. This article highlights some of those ideas for further debate.