Political Economy

The Role of Tax Incentives in Attracting Investment to Sri Lanka: Time for a Re-think?

Based on a new Working Paper by IPS researchers titled ‘Incentivizing Foreign Investment in Sri Lanka and the Role of Tax Incentives’, this article argues that a key medium-term challenge facing the country is to find a balance between providing a competitive tax incentives regime to attract FDI and keeping tax foregone to a minimum in order to preserve domestic revenue.

Latest ‘Talking Economics Digest’ Innovation Special Issue Released!

Driving innovation in Sri Lanka is now increasingly being recognized as a key determinant of the country’s long term growth prospects. Everyone from private sector leaders to government policy planners are keen to understand how the power of innovation can be ignited to drive enterprise profitability and drive faster and inclusive growth nationally. We decided to tackle this issue in the latest version of the IPS Talking Economics Digest through an ‘Innovation Special Issue’.

Fiscal Imperatives for Growth and Stability

Fiscal consolidation efforts as set out in the Budget 2013 were not entirely unexpected.[1] With revenue collection falling short of the target, adjustments to ensure that the deficit for 2012 remains close to the forecast 6.2% of GDP is to …

‘Sri Lanka: State of the Economy 2012′ e-book released

An e-book of the ‘Sri Lanka: State of the Economy 2012’ containing summary information and visuals of the 7 key chapters is now available for free download. This e-book also contains links to a video presentation of the main highlights of the report.

Global Trade Protectionism is Rising Discreetly: Sri Lanka Must Stay Alert

As the Sri Lanka Economic Association’s Annual Sessions 2012 kick off today on the theme ‘Export Growth for Sustained Development’, Ashani Abayasekara (Research Assistant – IPS) writes that trade protectionism is raising its ugly head through subtle yet substantial ways, …