Bilesha Weeraratne

Parking Fees in Colombo: To Pay or Not to Pay?

On-street parking is common in urban Colombo. Last year, the Colombo Municipal Council (CMC) introduced parking meters in central Colombo; in addition to the parking fee, drivers are now slapped with late fees and fines for non-payment. While there have been many criticisms and complaints about the parking fee system, this blog examines the choice set and the rationalisation of a driver’s decision to pay an ex-ante parking fee versus an ex-post parking fine.

The Gender Dimension of Remittances to Sri Lanka: Who Remits More?

Remittances are often considered a stable and reliable source of development financing. In 2017, remittances to Sri Lanka declined by 1.08%, compared to the previous year, while the decline in 2018 was 2.08%. An underexplored reason for the decline in remittances is the recent changes in the composition of migrant workers from Sri Lanka. Bilesha Weeraratne highlights the gender aspect of remittances, to identify strategies to improve the country’s remittances in the future.

Replaced by a Robot? Labour Migration from Sri Lanka in the Age of Intelligence

Labour migration from Sri Lanka has experienced many changes in recent years. Often, these are due to traditional reasons, such as oil price fluctuations and the slowing down of growth in destination economies; but another factor that could contribute to shifts in migration patterns is the transformations taking place in the world of work in the Fourth Industrial Revolution (4IR). This blog examines the influence of 4IR on changing patterns of labour migration from Sri Lanka.

The Devil is in the Details: A Closer Look at Remittances in Sri Lanka

Remittances make an indispensable contribution to the Sri Lankan economy. In 2018, the country received remittances of over USD 7 billion, accounting for 7.9% of the GDP. Often, remittances to Sri Lanka are attributed to the temporary migrant workers and viewed from a national perspective. Nevertheless, there are more dimensions to remittances. This blog, Bilesha Weeraratne, examines the nuances of receipt of remittances, at the household level in Sri Lanka.

Tourism vs. Remittances: Impact of Easter Attacks on Sri Lanka’s Foreign Exchange Earnings

Taking into account the locations immediately affected by the Easter Sunday attacks and its ripple effects, a short- to medium-term impact on foreign exchange earnings is likely to be experienced in Sri Lanka. The tourism industry, despite once being well-positioned to continue its upward trend in foreign exchange earnings, is now likely to experience a temporary downfall, while international remittances, which were experiencing an incipient downward trend, are likely to experience a temporary upturn in the aftermath of these attacks, argues Bilesha Weeraratne.