The Sri Lankan Economy
Charting A New Course
Business & Finance, Economics, Economic Conditions, Nonfiction, Social & Cultural Studies, Political Science, Government, Public Policy
| Author: | ISBN: | 9789292579746 | |
| Publisher: | Asian Development Bank | Publication: | October 1, 2017 |
| Imprint: | Asian Development Bank | Language: | English |
| Author: | |
| ISBN: | 9789292579746 |
| Publisher: | Asian Development Bank |
| Publication: | October 1, 2017 |
| Imprint: | Asian Development Bank |
| Language: | English |
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
