Phoenix from the Ashes? Economic Policy Challenges and Opportunities for Post-Tsunami Sri Lanka

Research team

Paul Steele




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Published Year

April 2005


US$ 15 (for hardcopy)

This publication highlights the policy challenges, particularly the economic challenges and opportunities presented by the devastating tsunami of 26 December 2004 .   It reviews the relief phase, the need for equitable and pro-poor growth in tsunami affected areas, the importance of an accountable system to drive the reconstruction process, strengthening the monetary and fiscal position after the tsunami and introducing scientific and cost effective disaster prevention.  The publication highlights the importance of placing the tsunami in the broader debate over policy choices, of ensuring an equitable process to allocate funds, of ways to actively involve affected people in the reconstruction, while not forgetting the needs of other poor groups such as conflict refugees.   For the key issue of housing, it recommends greater dialogue by the authorities with beneficiaries over house design, land selection and criteria to allocate land.

Table of Contents:

  • Executive Summary
  • Impact of the Tsunami
  • Aim of this Publication
  • Relief Phase
  • Promoting Equitable and Pro-Poor Growth in Tsunami Affected Areas, Addressing the Special Challenges of the North and East
  • An Effective, Accountable System to Drive the Reconstruction Process
  • Strengthening Sri Lanka ‘s Fiscal and Monetary Position After the Tsunami
  • Scientific and Cost Effective Approach to Disaster Prevention, Reduced Vulnerably and Risk Management Strategy
  • References


(Note: Up-to-date analysis of Tsunami is covered in the Sri Lanka State of the Economy 2005 Report)