• Policy Perspectives
• Macroeconomic Performance
◊ Introduction
◊ Output Growth
◊ Employment
◊ Fiscal Policy
◊ Monetary Policy
◊ Stock Market
◊ External Sector
◊ Conclusion
• International Environment
◊ Introduction
◊ Developed Countries
◊ Developing Countries
◊ Trade
◊ Inflation
◊ Financial Markets and Capital Flows
◊ From Doha to Cancun
♦ Introduction
♦ Post-Doha Progress?
♦ Pre-Cancun 2003
♦ Post-Cancun 2003
◊ Implications of the International Environment for Sri Lanka
• Garment Industry: Challenges and Prospects
◊ Introduction
◊ Current Situation
♦ Structural Distribution
♦ Top Export Destinations of Sri Lankan Apparel Exports
◊ Problems Faced
♦ Cost of Production Inputs in Textile and Apparel Sector in Sri Lanka
♦ Cost Utilities in Sri Lanka
♦ Clearing Charges for 20ft and 40ft Containers
◊ Export Markets
♦ US Policy on Textile Issues and the US Market
♦ EU Market
♦ Agreements Signed by Sri Lanka
◊ Challenges and Prospects
♦ Agreement on Textiles and Clothing (ATC)
♦ Integration Programme
♦ Comparison of Access to Textile and Clothing Markets
♦ Global Scenario of Textile and Clothing Industry
♦ Apparel Quota and Non-Quota Export Performance
◊ Conclusion
• Peace Dividend
◊ Introduction
◊ International Experience
♦ General Business Environment
♦ Government Budgetary Activities
♦ Foreign Finance
◊ Performance
♦ Defence Expenditure
♦ Growth of GDP
♦ Tourist Arrivals
♦ Business Confidence and Investment
♦ Foreign Aid
◊ Conclusion
• Employment and Labour in Sri Lanka
◊ Introduction
◊ Labour Market Indicators
♦ Trends in Labour Supply
♦ Unemployment
♦ Productivity
♦ Wages and Earnings
◊ Trends in Labour Demand
♦ Informal Sector
◊ The Labour Market in Sri Lanka
♦ Labour Legislation
♦ Labour Market Institutions
♦ Labour Market Interventions
◊ Discussion and Policy Implications
• General Education
◊ Introduction
◊ Content and Approach
◊ Teaching Staff
◊ Management Structure
◊ Financing
◊ Conclusion
• Employment Effects of Privatization
◊ Introduction
◊ A Brief Overview of the Privatization Process
◊ Impacts of Privatization on Employment
◊ Safety Nets for Retrenched Workers: The Existing Scenario
◊ Challenges for the Future
• Five Economic Zones (Regions) in Sri Lanka
◊ Introduction
◊ Provincial Councils and their Weaknesses
◊ Can the Five Economic Regions help Reduce Regional Disparities?
◊ Challenges Ahead
• Zero Base Budgeting
◊ The Zero Base Concept
◊ The Zero Base Approach-Theory Vs Practice
◊ Sri Lanka’s Experience
◊ A New Initiative in Public Sector Rationalization
• e-Sri Lanka
◊ What led to e-Sri Lanka?
◊ Vision and Objectives, and Programme for Implementation
◊ e-Sri Lanka-Current Progress and Some Related Issues
• Labour Reforms
◊ Introduction
◊ Termination of Employment of Workmen Act (TEWA)
◊ Industrial Disputes Act (IDA)
◊ Recent Labour Legislation
◊ Conclusion
• Prospects
• Diary of Events July 2002-June 2003
• Appendix A: Macroeconomic Indicators
• Appendix B: Capital Market

Sri Lanka: State of the Economy 2003
Table of Contents