The formation of the world’s largest regional trade bloc – the Regional Comprehensive Economic Partnership (RCEP) in November 2020 – on Sri Lanka’s doorstep raises fresh questions about how the country will navigate its most recent Asia-centric re-positioning.
Amidst the severe disruptions triggered by the COVID-19 pandemic, it is important for economies to formulate and implement effective policies to mitigate the negative impacts induced by the crisis. Given the fact that Sri Lanka is an aspiring upper-middle-income country (UMIC), this blog examines fiscal responses by affected countries including Sri Lanka, at different income levels – i.e. high-income countries (HICs), middle-income countries (MICs), and low-income countries (LICs) in line with multilateral financial institutions’ (MFIs) recommendations.
China’s ongoing reform programme is a focused and strategic effort that has the potential to transform the business climate and also competitiveness of Chinese exports. Sri Lanka should take a cue from it, argues Anushka Wijesinha. “China is still a …
A snapshot of IPS researchers insights (including audio interviews) on the growing China-Sri Lanka relationship, and what the future holds in store with the launching of a Free Trade Agreement
The one defining feature of the shifts in economics, geopolitics and society taking place today, is the rise of Asia. What are the factors influencing this rise? And what lessons do they hold for Sri Lanka’s growth journey?