A Closer Look at the Fiscal Dynamics of Budget 2014
Sri Lanka stands at important crossroads as it makes a decisive transition into a middle-income economy. With GDP growth targeted at 7.5 – 8% over the medium term, the need for effective fiscal consolidation cannot be overemphasized. In this light, …
REFORMING A POST-WAR ECONOMY IN FOUR YEARS?
Can a country bring about economic reforms in just four years after a war? This article looks at post-war Georgia where the progress was transformative. She argues that while circumstances differ between countries, the Georgian case demonstrates that coherent and focused efforts can bring about significant transformation in just four years. Yet, sustaining the positive trajectory requires a focus beyond aggressive reform to also include important elements of economic governance and institutional strengthening.
Sri Lanka’s Middle-Income Transition: Thinking Beyond the “Optics”, to the “Mechanics”
‘The middle-income transition’ – a challenge that dozens of countries are grappling with and, as of late, is increasingly being spoken about in Sri Lanka as well. A recent business forum (by LBR-LBO) was one of the first private sector …
A Comment on ‘New Educational Policies and Proposals’ for General Education in Sri Lanka
Despite impressive performance in access to education, issues of quality of education, access to higher levels of education and relevance of education has challenged the education sector in the recent past. In this regard, the initiative proposed in the New …
Biodiversity as a Cornerstone of Sustainable Development: A Sri Lankan Perspective
Marking International Day for Biodiversity today (22nd May), Dilani Hirimuthugodage looks at the Sri Lankan interventions in the wake of its ratification of the International Convention on Biological Diversity 19 years ago. She asserts that concrete steps must be taken soon if Sri Lanka is to safeguard its rich bio diversity, in the midst of the rapid development taking place.
Demystifying Hawala/Undiyal – The Not So Dismal Science:[…] believed that informal fund transfer operations in Sri Lanka have expanded considerably due to the wide gap between the…