Economy

Protecting Sri Lankan MSMEs During a Pandemic: A Need for Innovative Solutions

Successive Sri Lankan governments have correctly identified the importance of MSMEs as one of the main drivers of growth and development. However, while this sector makes up the backbone of the Sri Lankan economy, it continues to be one of the most vulnerable to local and global economic disruptions.

COVID-19, Work from Home, and Female Labour Force Participation: A Lesson for Sri Lanka

This blog discusses key challenges Sri Lanka faces when adopting working-from-home (WFH) as a solution to the country’s low female labour force participation (FLFP) and proposes policy solutions to overcome them. It is based on IPS’ forthcoming ‘Sri-Lanka: State of the Economy 2020’ report on ‘Pandemics and Disruptions: Reviving Sri Lanka’s Economy COVID-19 and Beyond’.

Repatriation and Replacement of Lost Foreign Jobs: Handling Labour Migration in Sri Lanka during COVID-19

Sri Lanka, which has been sending workers abroad for employment for decades, is now faced with the formidable challenge of repatriating large numbers of migrant workers affected by COVID-19. This exercise calls for a continued coordination with the returnees, beyond the period of travel and quarantine. This blog dissects the nuances of labour migration, lost foreign employment opportunities, and repatriation brought about by the spread of COVID-19 and provides policy recommendations to successfully re-enter foreign labour markets.

Smoking Cessation in Sri Lanka: A Silver Lining in the COVID-19 Crisis?

As the deadly COVID-19 pandemic threatens the entire world, claiming thousands of lives and disrupting economic activities, it would be wise to look at the role smoking cessation could play in the response. Given that over a quarter (28.4%) of Sri Lankan men (15 years and older) smoke, one important intervention that can be taken right now, is utilising this moment of panic as motivation to stop smoking. This blog discusses the role of smoking cessation in reducing the chances of falling victim to the pandemic, which will not only assist in protecting public health, but will also make the population less susceptible to COVID-19 and its future recurrences, both now and in the longer term.

Easter Attacks in 2019 vs. COVID-19 Outbreak of 2020: What Lies Ahead for Sri Lanka?

Unlike the Easter Sunday attacks, COVID-19 is not only affecting Sri Lanka. Its effect is felt by almost all countries across the world. The economic impact of this on Sri Lanka will not only be influenced by what is happening in the country, but also by how the disease is affecting global values chains, markets, and the movement of goods and people across the world. With the COVID-19 pandemic still unfolding, it is too early to estimate the economic impact of the crisis. This blog compares the economic impact of the Easter Sunday attacks to illustrate the likely impact of COVID-19 on Sri Lanka’s economy.

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