Sri Lanka: State of the Economy 2020

Pandemics and Disruptions: Reviving Sri Lanka’s Economy COVID-19 and Beyond

Sri Lanka’s very creditable health response to COVID-19 gives it an early advantage to tackle the economic fallout of the pandemic. All indicators suggest an economic contraction in 2020, albeit with a very real possibility of a sharp V-shaped recovery thereafter. Such a recovery presents both an opportunity and a challenge for Sri Lanka. The emergency stimulus measures will combat the immediate deflationary shock, but they can eventually stoke inflationary pressures and undermine a resilient recovery path.

Once the immediate COVID-19 crisis recedes, Sri Lanka has a very real opportunity to refashion its economic policy choices to determine the outcomes beyond COVID-19, and help greatly to mitigate risks of disruptive impacts from similar crises in the future. The disruptive effects on incomes and livelihoods, particularly in the context of large numbers in informal employment, with inadequate social protection cover, elevate the risks of widening existing income disparities in Sri Lanka.

The IPS’ annual flagship report Sri Lanka: State of the Economy 2020 examines the policy contours of a country that builds back better from COVID-19, under the thematic focus of ‘Pandemics and Disruptions: Reviving Sri Lanka’s Economy COVID-19 and Beyond’.

Towards Resilient Growth and Economic Stability
1.Policy Perspectives
2. Macroeconomic Policy Responses to COVID-19 and Beyond
3. COVID-19 and Global Economic Developments

Pandemics and Disruptions: Reviving Sri Lanka’s Economy COVID-19 and Beyond
4. COVID-19 and Beyond: Minimising the Costs of Pandemics
5. Towards Pandemic Resilience: A Crisis Response Strategy for COVID-19
6. Harnessing Social Protection during Pandemics
7. COVID-19 and the World of Work
8. International Mobility Beyond COVID-19
9. Pandemics, Women and Women in the Workforce
10. Building a Crisis-resilient Education System in Sri Lanka
11.Tackling Pandemics through Technology, Innovation and IPRs
12. Protecting SMEs During Global Disruptions
13. Building Food System Resilience to Pandemics

Policy Briefs
14. Global Disruptions and Fiscal Policy Responses
15. Pandemic Disruptions in Urban Settings
16. Building Resilient Cities in an Era of Pandemics
17. COVID-19 and Supply Disruptions: The Case of Sri Lanka’s Tea Sector
18. COVID-19: Challenges to Sri Lanka’s Upper Middle-income Country Status