Diversification of the export basket, a more effective communication strategy to build support for reform initiatives, and addressing the skills constraints of the labor force are the top priorities for Sri Lanka. This blog, based on the closing session of the Saman Kelegama Memorial Conference, discusses the stifling bottlenecks that Sri Lanka faces in its transition towards a high middle income country (HMIC) and how to overcome them.
In order to identify gaps in policymaking, and pinpoint priority areas for educational reforms, IPS recently held a Policy Engagement Forum on ‘Education and Skills for Prosperity: Building Networks for Bridging Knowledge Gaps’. This blog summarizes the insights, concerns, and recommendations shared by experts in the education sector.
The first ever “Labour Demand Survey” in Sri Lanka recorded nearly half a million vacancies in the private sector. A large portion of these vacancies are found to be in routine and non-routine manual jobs. However, most of Sri Lanka’s job-seekers are educated youth, searching for white-collar jobs. This blog discusses “sectoral mismatch” between the demand and supply of labour in Sri Lanka, using LDS data, and looks at ways in which it can be resolved.
Human capital is an essential resource in achieving the Sri Lankan Government’s envisaged development goals and transforming the country into a modern manufacturing economy. High quality human resources with expertise in science and technology and a skilled labour force are also necessary to compete globally. However, Sri Lanka is facing a major challenge in meeting these emerging skill requirements. In this context, this article by Priyanka Jayawardena explores some policy recommendations to bridge the widening skill gap.
Despite the high demand for science and technology skills in Sri Lanka, there’s a shortage in the supply of skills to meet the demand. This article identifies the reasons behind this and how those issues can be addressed.