The world is on the cusp of the Fourth Industrial Revolution (4IR), which is affecting the way people live, work, do business, and interact. Newly emerging technologies such as robotics, artificial intelligence (AI), internet of things (IOT), virtual reality, and 3D printing are fast becoming the new normal. Therefore, it is important to explore the development challenges for South Asia in the new era of the 4IR. In this context, one of the plenary sessions at the 12th South Asia Economic Summit (SAES XII) explored the links between 4IR and SDGs at the regional level.
As Sri Lanka is looking to reform its education sector, the 16th Edition of the Talking Economics Digest centers on the theme of ‘Creating a Knowledge-based Economy.’
With the recent upswing in the condominium market in Sri Lanka, it is important to take environmental implications of these constructions into consideration. The authors argue that a holistic and a futuristic approach should be adopted when building condominiums and sustainable practices should be integrated into the approval process for the ‘design’ of the condominiums.
In Sri Lanka, the tourism sector boasts of a vast potential to reach economic growth targets. It can also help achieve all 17 Sustainable Development Goals (SDGs). As such, this blog discusses some of the ways in which tourism could make useful contributions towards reducing poverty and inequality, conserving the environment, improving water and sanitation, and promoting public-private partnerships.
The recent floods in Sri Lanka, triggered by the monsoon rains, left a trail of destruction in its wake. However, natural disasters are nothing new to Sri Lanka. This blog analyzes the economic cost of devastating natural disasters that wrack the country time and time again and examines lessons for Sri Lanka from other Asian countries.