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Sri Lanka has been witnessing a persistent weakening of its export capacity, with the exports to GDP ratio falling to a low of 16.4 per cent in 2012, and a declining share of the global export market. In 2012, earnings from exports contracted by 7.4 per cent, and have continued to contract by 8.1 per [...]
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The topic of private universities has been hotly debated over the last few months following the government’s move to present the “Quality Assurance, Accreditation and Qualification Framework Bill” (more commonly known in the media as the ‘Private University Bill’) to the Parliament, and its subsequent withdrawal. The IPS research staff engaged in an informal in-house [...]
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By Chandana Karunaratne, Research Assistant – IPS The world economy is in for a tumultuous 2012. The euro zone is going through a turbulent period as it seeks a sustainable solution to its sovereign debt crisis, and analysts forecast a rather dismal GDP growth rate of 1.8% for the USA in 2012.1 The decline of [...]
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By Anushka Wijesinha (Research Economist) and Burhanudheen Thassim (Project Intern) – IPS Indian middle-class consumption set to be 3rd highest globally by 2020 Sri Lanka currently exports only 5.6% of its total exports to India Forbes Magazine’s Rich List reports that India is home to 50 Dollar Billionaires, with 2 in the Top 10. Most [...]
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article will be online soon…(if you have read the version that appeared in today’s Island newspaper and have any comments or questions, please leave them in the comments field available below) View article at source SMEs and Budget 2012: Strong Steps, but Tax Relief is Half the Story
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By Priyanka Jayawardena, Research Officer – IPS Despite remarkable achievements in the health sector, malnutrition has been a persistent health challenge in Sri Lanka. More than 1 in 5 under-five year olds are underweight in the country. Nearly 1 in 6 babies born has a low birth weight. These numbers are worse for some population [...]
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By Buddhika Brahmanage, Research Assistant – IPS Electricity: Continued Constraint for Sri Lankan Industries Speak to any major industrialist in Sri Lanka, and they will tell you that electricity is a critical constraint on their operations. A forthcoming World Bank report entitled ‘More and Better Jobs in South Asia’ reports results from country-level Enterprise Surveys [...]
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By Stephanie De Mel and Anushka Wijesinha – IPS This week (Oct. 22-23), in Dhaka, Bangladesh, policymakers, economists, SAARC officials and diplomats will come together for the 4th South Asia Economic Summit (SAES), following on from the first three held in Colombo, Delhi, and Katmandu. The theme this year for the SAES is: ‘Global Recovery, [...]
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The IPS launched its ‘Sri Lanka: State of the Economy 2011’ report yesterday (19th October 2011) at its first Annual National Conference at the IPS Auditorium, in the presence of two Senior Ministers of the Cabinet. This year’s report has as its theme ‘Post-conflict Growth: Making it Inclusive’. In this post, we bring you some [...]
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By Anushka Wijesinha, Research Economist – IPS Innovation is beyond research, it requires clever commercialization Sri Lanka needs to take a 360 degree approach to innovation policy As Apple’s co-founder Steve Jobs bids adieu to an ipod/iphone/ipad/macbook crazed world, it brought to the fore how much technological innovation has touched the lives of millions, and [...]
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By Roshini Jayaweera (Research Officer – IPS) In considering issues of poverty in Sri Lanka, Batticaloa is conspicuous as a district that requires particular attention. In addition to being identified as the country’s poorest district in 2009/10, it is also one of two districts for which poverty statistics actually increased between 2006/07 and 2009/10.1 According [...]
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Ranks just 2 below the Top 50 WEF warns against complacency, biz community expectations will evolve as country develops By Anushka Wijesinha (Research Economist) and Dilani Hirimuthugodage (Research Officer) – IPS* The World Economic Forum today (7th September) released its latest Global Competitiveness Report (2011-2012), which reports that Sri Lanka has made an impressive jump [...]
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