Browsing VR Insights (issues) by Author "Econ Team"
Now showing items 1-20 of 30
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Agriculture and defence budgets reveal unstated priorities in policy = සැබෑ වියදම් සහ මූල්ය ප්රතිපාදන වෙන් කිරීම අතර නොගැලපුම
Verité Insights; December 2014
Econ Team (Colombo: Verité Research, 2014-12-07)A country's budget is expected to outline a government's short and medium term fiscal policy framework; explaining how the government plans to raise, allocate and spend public resources. This insight is motivated by the ... -
Are Sri Lanka’s exports to India over dependent on concessions?
Verité Insights; May 2016
Econ Team (Colombo: Verité Research, 2016-05-26)Sri Lanka’s exports as a share of GDP has declined from 33% in 2000 to 13% in 2015. One of the solutions has been to diversify Sri Lanka’s markets. This is because over 50% of Sri Lanka’s exports go to the EU and the United ... -
Are Women Reaping the Fruits of their Education? = කාන්තාවන් අධ්යාපනයේ නිසි ඵල ලබා ගැනීමට සමත් වී ඇතිද?
Verité Insights; October 2014
Econ Team (Colombo: Verité Research, 2014-10-09)Economic research and theory is quite clear on the ‘returns to education’: education is generally positively correlated with jobs and income levels. However, this insight identifies the problem that in Sri Lanka, this ... -
The Budget Is Not Mainly About Money, It’s About Governance
Verité Insights; October 2015
Econ Team (Colombo: Verité Research, 2015-10)Budgeting is a governance process that drives national plans, priorities and policy. While much of that is reflected in the content of the budget, important governance aspects are also reflected in the budgeting process. ... -
Can the Singapore Chinthanaya work for Sri Lanka? = සිංගප්පූරු චින්තනය ශ්රී ලංකාවට පූර්වාදර්ශයක් විය හැකිද?
Verité Insights; October 2013
Econ Team (Colombo: Verité Research, 2013-10)Singapore is a classic example of an Asian country that avoided the middle-income trap, and it has often been sighted as a model for Sri Lanka. This article substantiates the claim that there is neither a theoretical nor ... -
Cigarette Taxes Need Parliament’s Oversight
Verité Insights; June 2016
Econ Team (Colombo: Verité Research, 2016-06-02)Every year, on the 31st of May, the World Health Organisation (WHO) and partners mark World No Tobacco Day. This day is set apart to highlight the health risks associated with tobacco use and to advocate for effective ... -
Economic Freedom in Sri Lanka: Changes and consequences = ශ්රී ලංකාවේ ආර්ථික නිදහස, මෑත කාලීන වෙනස්කම් සහ එහි ප්රතිවිපාක
Verité Insights; May 2014
Econ Team (Colombo: Verité Research, 2014-05-07)The US-based Heritage Foundation (HF) has constructed a global index of economic freedom. The HF index uses 10 quantitative indicators that are grouped into four broad categories. (1) Rule of Law (property rights, and ... -
Economic mismanagement is a governance problem – it needs governance solutions
Verité Insights; May 2016
Econ Team (Colombo: Verité Research, 2016-05-11)Elected officials and selected bureaucrats are given a huge amount of power to act on behalf of the public – modern democracies function on this basis: that citizens hand over their power to elected representatives. But ... -
The Economics of Media Freedom: is Sri Lanka on a virtuous or vicious cycle?
Verité Insights; October 2013
Econ Team (Colombo: Verité Research, 2013-10)This article explains the economic importance of media freedom by considering three reasons: i) indicative reasons; ii) instrumental reasons; and iii) integral reasons. Media freedom is indicatively important because it ... -
Exchange rate management: politics trumps professionalism
Verité Insights; January 2016
Econ Team (Colombo: Verité Research, 2016-01-26)Most people in a country don’t understand the intricacies of exchange rate management. Nevertheless, actions in this regard have significant implications for the economic stability, growth and overall success of the economy, ... -
The Exporting Problem of SMEs: Finance is one solution
Verité Insights; September 2015
Econ Team (Colombo: Verité Research, 2015-09)Since the turn of the century, not only have Sri Lankan exports declined as a share of its GDP, but also in terms of its global share. Sri Lanka had a larger global share of exports at Independence, than at present. There ... -
Fixing Sri Lanka’s Revenue Problem is a Priority
Verité Insights; February 2017
Econ Team (Colombo: Verité Research, 2016-02-10)Taxes are the key source of government revenue. Normally, tax share as a percentage of GDP is expected to increase as per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country’s per ... -
Improving Sri Lanka’s Business Environment: It’s not so difficult
Verité Insights; November 2014Verité විදසුන්; දෙසැම්බර් 2014
Econ Team (Colombo: Verité Research, 2014-11)In his budget speech, Finance Minister, President Mahinda Rajapaksa said Sri Lanka “aims at gaining a ranking among the top 10 countries in Asia Pacific in the Doing Business Index (DBI).” This Insight finds constructive ... -
Is Sri Lanka’s Logistics Hub Steaming Ahead? = ශ්රී ලංකාව ක්රමෝපායික කේන්ද්රස්ථානයක් (Logistics Hub) වීමට සාර්ථක ගමනක යෙදෙන්නේද?
Verité Insights; July 2014
Econ Team (Colombo: Verité Research, 2014-07-02)Sri Lanka clearly has the potential to become a logistics hub. Over the past years, the Colombo port’s capacity has been expanded as a step towards this goal. However, although expanding supply through capacity expansion ... -
Is the Right to Information Good for Business?
Verité Insights; March 2015
Econ Team (Colombo: Verité Research, 2015-03)Prior to the enactment of the RTI Act in Sri Lanka in 2016, a debate had arisen on whether enacting a right to information (RTI) law could impede businesses. The main concern was that competitors could use the RTI process ... -
Justice in Slow Motion Corrodes Sri Lanka's Economy
Verité Insights; July 2013
Econ Team (2013-07)The Insight discusses three aspects regarding the inherent lengthy delays in the Sri Lankan court system. First, delays in dispute resolution are costly—and not merely in legal fees, but in investments and initiatives ... -
The post war growth bump has hit the ceiling = සාමයෙහි කඩතුරාවට වැසුනු ආර්ථික වෘද්ධිය ගැටලුකාරී ගමන් මගක
Verité Insights; August 2013
Econ Team (Colombo: Verité Research, 2013-08)This article explores the question of whether Sri Lanka could expect higher sustained GDP growth post-war and concludes that the post-war bump-up is over for the time being. It suggests that the high growth is unsustainable ... -
The Post War Winners: Urban rich or the rural poor? = පශ්චාත් යුධ සමයේ ජයග්රාහකයෝ : නාගරික ධනවතුන් ද? ග්රාමීය දුප්පතුන්ද?
Verité Insights; February 2014
Econ Team (Colombo: Verité Research, 2014-02-05)In the post-war years, the UPFA government has professed a commitment to rural development. For example, UPFA’s “Mahinda Chinthana” Development Policy Framework” explicitly recognises the problem of rising inequality and ... -
Revitalising Export Finance for Export Growth
Verité Insights; March 2016
Econ Team (Colombo: Verité Research, 2016-03-06)Since the turn of the century, Sri Lanka’s exports have fared poorly. The share of exports to GDP has steadily declined from 33 per cent to 15 per cent during 2000-2014, and exports have stagnated at around US$10 billion ... -
The Socialist Democratic Republic of Sri Lanka - Is it Socialist? = ශ්රී ලංකා ප්රජාතාන්ත්රික සමාජවාදී ජනරජය සැබෑ ලෙසම සමාජවාදී ද?
Verité Insights; May 2014
Econ Team (Colombo: Verité Research, 2014-05-21)This insight explores the question of whether Sri Lanka is waning in its commitments to social institutions. The analysis shows that while ‘developing’ Asia lags behind the rest of the world in commitments to social ...