Relevant bibliographies by topics / Economy of Sri Lanka

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  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Economy of Sri Lanka'

Author: Grafiati
Published: 18 May 2024

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Journal articles on the topic "Economy of Sri Lanka"

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Mujahid Hilal, Mohamed Ismail. "Sri Lanka’s Tea Economy: Issues and Strategies." Journal of Politics and Law 13, no. 1 (December 3, 2019): 1. http://dx.doi.org/10.5539/jpl.v13n1p1.

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While the competitiveness of the Sri Lanka’s tea is declining in the global market, it is very important for Sri Lankan tea to evidently identify the reasons for declining competitiveness and how Sri Lanka can face this challenge fulfilling the demand of global market. The Sri Lankan tea industry has lost its market leadership position in the global market. With declining production, increasing cost of production, low farm productivity and price competition in the international market, Sri Lankan tea industry has lost its competitive advantage. Secondary data and primary data have been used for this study. 53 interviews have been conducted for this study in Sri Lanka and in India. Despite the fact that Sri Lanka is one of the major producers of tea, the local tea industry does not earn enough to be viable. Global consumers are paying more than ten times the price received by the Sri Lankan producers. The value addition is taking place in the consuming countries and the economic benefits of higher price for value added tea products go to the consuming countries. In this context the viability of the Sri Lankan tea industry makes it imperative to adopt production of value-added tea products, promoting local brands in the global market and marketing the products in the international market. The government should also provide further supports to this tea industry to be uplifted in the country.
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De Silva, Madushi, and Amila Withanaarachchi. "Essential Factors for the Advancement of the Yarn Manufacturing Sector in Sri Lanka: Implications of the Socio-Economic Environment." SLIIT Business Review 3, no. 2 (February 27, 2024): 25–54. http://dx.doi.org/10.54389/biot2896.

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The textile and apparel sector are well-represented in the industrial sector of the Sri Lankan economy. It has become Sri Lanka’s largest export industry since 1986. Enhancing quality and decreasing expenses are the main priorities for the Sri Lankan apparel sector, highlighting the necessity for deliberate growth. More significant export revenue and considerable import expenditure on raw materials like yarn, fabric, etc., for apparel manufacturing, is a common phenomenon in the Sri Lankan apparel sector leading to less economic value generation. Thus, this paper studies the key factors affecting the advancement of the yarn manufacturing sector in Sri Lanka and the implications of the turbulent socio-economic environment. To address the identified research problem, this study proposes a conceptual framework through a systematic literature review, which identifies the essential factors for the advancement of the yarn manufacturing sector in Sri Lanka under the current socio-economic environment. The Partial Least Square Structural Equation Modelling (PLS-SEM) method was used to capture the interactive relationships among the key factors and the advancement of the yarn manufacturing sector in Sri Lanka. Data was gathered using questionnaires from employees in the yarn manufacturing industry, textile industry, and textile engineering students in Sri Lanka. The results show that the quality of raw materials, machines and technology and better investors have a positive relationship with the advancement of the yarn manufacturing sector in Sri Lanka. Keywords: Apparel Industry, PLS-SEM and Yarn Manufacturing.
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Gamage, Kumesh Prabhashini. "Activity Economy and Cultural Heritage Tourism in Sri Lanka(Special Reference in Galle and Kandy)." TRIVALENT ත්‍රිසංයුජ: Journal of Archaeology, Tourism & Anthropology 3, no. 1 (December 31, 2022): 54–70. http://dx.doi.org/10.4038/tjata.v3i1.59.

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The activity economy is driven by cultural activities, which are also embodied in the development model of cultural tourism. An activity economy is a new direction for economically developed cities to promote tourism development. This paper explores "the impact of the activity economy on cultural heritage tourism in Sri Lanka concerning Galle and Kandy cities". This study was driven by a qualitative method consisting of document analysis and secondary data obtained from online media. The document analysis involved a review of the literature and documents relating to cultural heritage tourism in Sri Lanka. Tour operators or tourism industry websites, private or personal websites, or Blogs containing travel information regarding cultural heritage tourism in Sri Lanka have been used as qualitative sources and with a high level of confidence. Activity economy is a new concept in the Sri Lankan tourism industry, and according to the analysis of the data, a well-managed marketing activity economy is an important factor for cultural heritage tourism in Sri Lanka. Currently, it runs without identifying its theoretical and practical value; therefore, under a well-organized marketing management plan, it can fulfill sustainability goals. To address this, it needs government and private institutional involvement and a strong set of human and physical resources.
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Rathnayake, Chinthani, Bill Malcolm, Garry Griffith, and Alex Sinnette. "Trade Consequences of the Farm Production Regulation: The Glyphosate Ban in the Sri Lankan Tea Industry." Industria: Jurnal Teknologi dan Manajemen Agroindustri 11, no. 2 (December 31, 2022): 81–100. http://dx.doi.org/10.21776/ub.industria.2022.011.02.1.

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Abstract Tea manufacturing is an important industry for the Sri Lankan economy because it generates foreign income, which adds to gross domestic product of the country and creates employment opportunities. Tea has been exported to several countries from Sri Lanka for over a century, and Sri Lanka remains a leading tea exporter to date. Recently, the Sri Lankan government issues a policy which disadvantages the tea industry in the country. The government banned the use of glyphosate in the agricultural sector from 2015 to 2018 which directly or indirectly affects the tea industry. The policy brought a consequence where the farmers used illegal substances and other weedicides to control the weed. These consequences placed the Sri Lankan tea industry at risk since their final product is contains high amount of residual weedicide which exceeds the Maximum Residue Limit (MRL). In this paper, we use The Equilibrium Displacement Model to study the economic impact of rejections of tea consignments by Japan due to the excess use of 2-methyl-4-chlorophenoxyacetic acid (MCPA) in 2018. The demand of Sri Lankan bulk black tea by Japan has declined by 6.5% between 2017 and 2018. The estimated of the Sri Lankan tea industry from reduced demand for bulk black tea was Rs339 million. Keywords: tea industry, glyphosate ban, Sri Lanka Abstrak Teh adalah industri penting bagi perekonomian Sri Lanka karena menghasilkan devisa yang menambah produksi domestik bruto dan menciptakan lapangan kerja. Teh telah diekspor dari Sri Lanka selama lebih dari satu abad ke berbagai negara dan Sri Lanka tetap menjadi eksportir utama. Kebijakan pemerintah baru-baru ini yang memengaruhi sektor pertanian tidak menguntungkan bagi industri teh. Pelarangan penggunaan glifosat dari tahun 2015 hingga 2018 merupakan salah satu kebijakan yang berdampak signifikan terhadap industri teh, baik secara langsung maupun tidak langsung. Konsekuensi penggunaan formulasi pengendali gulma ilegal dan herbisida alternatif menempatkan industri teh pada keadaan yang beresiko melalui konsekuensi tidak disengaja dari kehilangan akses ke pasar ekspor teh karena insiden mengenai kelebihan Batas Maksimum Residu. Dalam tulisan ini, dampak ekonomi dari penolakan pengiriman teh dari Jepang karena penggunaan 2-methyl-4-chlorophenoxyacetic acid (MCPA) yang berlebihan pada tahun 2018 diselidiki dengan menggunakan Equilibrium Displacement Model pada industri teh. Permintaan ekspor Jepang untuk teh hitam curah turun 6,5% antara 2017 dan 2018. Perkiraan kerugian surplus ekonomi industri teh Sri Lanka dari penurunan permintaan teh hitam curah adalah Rs339 juta. Kata kunci: industri teh, larangan penggunaan glifosat, Sri Lanka
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Kupriyanov, A. "Sri Lanka Crisis: The Long Shadow of Neocolonialism." World Economy and International Relations 68, no. 3 (2024): 79–89. http://dx.doi.org/10.20542/0131-2227-2024-68-3-79-89.

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The article is devoted to the study of the causes of the economic and political crisis in Sri Lanka (2019 – present) through the prism of the complex approach based on the post-colonial research paradigm. The author considers the three most affected sectors of the economy of Sri Lanka: agriculture, the textile and apparel industry and tourism. All of them in their present form are products of the modern era, formed under the influence of colonial and neo-colonial practices and provided Sri Lanka with a specific place in the world economic system as a producer of plantation crops (primarily tea), textiles of the upper price segment and tourism services, focused on the EU and the US population. During the pandemic, the orientation on the Western market, aggravated by the voluntaristic actions of the country’s leading the Rajapaksa clan, led to the collapse of key sectors of the Sri Lankan economy. Particular attention is paid to the agrarian sector. The author believes that the current disparities in the agrarian development of Sri Lanka are the result of the colonial past. The issue of mending these imbalances was politicized during the civil war (1983–2009), and as a way out, the concept of developing organic farming, itself a product of Western cultural hegemony, was proposed. The author notes that instead of admitting partial responsibility for the crisis, the Western media are inclined to blame China for Sri Lanka’s problems. The PRC is believed to have deliberately driven the island into a debt trap. It is assumed that developing countries should solve the problems of Sri Lanka, while it is clear that Western countries will derive the main benefit from the recovery of its economy and return to world production chains.
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Waghmode, Pratik Someshwar. "Investigative Study of Economic Crisis in Sri Lanka." International Journal for Research in Applied Science and Engineering Technology 10, no. 5 (May 31, 2022): 5359–72. http://dx.doi.org/10.22214/ijraset.2022.42919.

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Abstract: This paper analyses the reasons and scenario of the current economic crisis in Sri Lanka. The study examines the possible reasons for the crisis, its ongoing impact on GDP, tourism industry, and on Sri Lankan rupee against other major currencies in the world. The paper shows that Forex reserves of Sri Lanka mainly depend on Tourism revenue, thus underscoring the importance of the tourism industry. But due to current circumstances of the Covid-19 and its severe impacts leads to a high decline in tourism revenue which ultimately affects the country’s reserves. This resulted in the high depreciation in the value of the Sri Lankan rupee against other major currencies in the world. To assess if the country has enough reserves, we have used the Guidotti - Greenspan rule and we found that since the Covid pandemic has begun, Sri Lanka has been unable to follow this rule and the ratio of reserves to short term debt is continuously decreasing. The external sector of Sri Lanka is also not performing well due to the sharp decline in exports. The IMF has approved a bailout package through its Special Drawing Rights to get over this crisis. Therefore, appropriate actions must be undertaken to overcome the crisis and revive the economy
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Selvanayagam, S., and A. M. M. Mustafa. "The Impact Of Unemployment And Interest Rate On Inflation In Sri Lanka." GIS Business 13, no. 4 (August 22, 2018): 54–65. http://dx.doi.org/10.26643/gis.v13i4.4685.

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Three major economic indicators such as Inflation, unemployment and interest rate have an important role in an economy in terms of sustainable development. The long-term progress of the Sri Lankan economy is destabilized. The linkage or the impact among these variables is very important for developing country such as Sri Lanka to overcome the destabilized hurdles. The study intends to investigate the impact of unemployment and interest rate on inflation in Sri Lanka. Also, this study was analyzed the short and long run relationship among the variables. Phillip’s relationship between the variables inflation and unemployment also was discussed in details. Fifty-three years of annual data for period of 1953- 2015 of the variables inflation, unemployment, interest rate, money supply (M2) and government expenditure used for the analysis. Parametric and non-parametric approaches have been employed in this study. The Autoregressive Distributed Lag (ARDL) model with co-integration technique has been employed to find the short and long run relationship of the variable. The statistical package EViews 9 and Microsoft excel were used for the analysis. The study reveals that unemployment is negatively impact on inflation in short and long run in Sri Lanka, which is statistically significance. Further, the study revealed that the Phillip’s relationship between inflation and unemployment exist in Sri Lankan economy. The interest rate is also negatively impact on inflation in short run and positively impact in long run. Results are statistically significance at 5% confidence level and theoretically expected. This study recommends that the relationship between the variables should be noted and utilized the Engine of growth concept in order to achieve sustainable development of Sri Lanka. Job opportunities to be extended further more. Further, the study suggests that using quarterly data to analysis this kind of time series will reflect relationship accurate.
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Aslam, A. L. M. "Impact of Money Supply on Sri Lankan Economy: An Econometric Analysis." International Letters of Social and Humanistic Sciences 67 (March 2016): 11–17. http://dx.doi.org/10.18052/www.scipress.com/ilshs.67.11.

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Economists argue that the money supply positively impact on economic growth of nations. In Sri Lankan context this statement was not tested econometrically. Therefore, the aim of this study was to scrutinize the impact of money supply on Sri Lankan economy. To exam this objective, this study considered the time series data from the period of 1959 to 2013 and used two types of variables such as dependent and independent variables. Here, the gross domestic product was considered as dependent variable, and Money supply, Exchange rate, Exports earnings, Imports outflow, the Colombo consumer price index were deemed as independent variables. In the meantime, the multivariate econometric method was used to test the impacts of money supply on economic growth of Sri Lanka. According to the analytical results, the money supply has kept positive impact on the economic growth of Sri Lanka at 1% significant level. The R-squared of the estimated model was 92% which was indicated that the estimated model was desirable. Meanwhile, the Durbin Watson test statistic was 2.43 and also the Breusch –Godfrey serial correlation LM test results was greater than 5%. Therefore, these statistics indicated that, the estimated model was not suffering from serial correlation.
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M. Nazeeruddin and M.Jafarullah Baig. "Sri Lanka’s Economic crisis- An Eye Opener." RESEARCH REVIEW International Journal of Multidisciplinary 7, no. 4 (April 15, 2022): 01–02. http://dx.doi.org/10.31305/rrijm.2022.v07.i04.001.

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The Island country, Sri Lanka exports largely textiles, garments, rubber, tea, and coconut products and imports consumer goods, especially crude oil, coal and other petroleum products. For the first time in the history of Sri Lanka the worst economic crisis has been witnessed. The present government is grossly responsible for this kind of economic mess in Sri Lanka. People from all walks of life in Sri Lanka are struggling for want of sufficient money, fuel and food. This kind of misgovernance results in cascading effect which paralyses all the crucial and vital sectors of the economy.
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Kesavarajah, Mayandy. "Wagner's Law in Sri Lanka: An Econometric Analysis." ISRN Economics 2012 (November 3, 2012): 1–8. http://dx.doi.org/10.5402/2012/573826.

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This study examines whether there is empirical evidence that Wagner's law holds in the Sri Lankan economy using time series annual data over the period from 1960 to 2010 for Sri Lanka, applying cointegration and error correction modeling (ECM) techniques. In particular, this study keeps a special focus to examine the validity of six versions of Wagner's hypothesis, which support the existence of long-run relationship between public expenditure and economic growth. The empirical evidence of this study indicates that while there prevail is a short-run relationship between public expenditure and economic growth, the long-run results showed no strong evidence in support of the validity of the Wagner’s law for Sri Lankan economy. Granger causality analysis also confirms this result. Therefore, the findings of this study pave to broaden this study further for a deeper understanding about the relationship between public expenditure and economic growth by giving more attention on individual items of public expenditure and by including more macroeconomic variables in the econometric model using different methodology in future.
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Dissertations / Theses on the topic "Economy of Sri Lanka"

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Withers, Matthew Anthony. "Remittance Economy: Migration-Underdevelopment in Sri Lanka." Thesis, The University of Sydney, 2016. http://hdl.handle.net/2123/16469.

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Sri Lanka's integration at the lower tiers of a (re)globalising world economy has entailed the mass migration of low-skilled and domestic workers employed as temporary contract labour throughout the oil-economies of West Asia. Foreign employment of this kind began after neoliberal economic restructuring in 1977 and, by facilitating remittance transfers, has since become a dominant livelihood strategy for households and the largest source of export earnings for the economy. Dominant policy-level assumptions of a mutually-beneficial ‘triple win’ between migrants and their countries of origin and destination posit temporary labour migration will produce positive economic outcomes for all involved. Yet while labour-receiving economies clearly benefit from exploiting reserve armies of labour and care, the developmental implications of remittance transfers for migrant households and sending economies remain empirically ambiguous and relatively under-theorised. Employing a multiscalar analysis of migration outcomes – spanning individual households, local communities, the macro-economy and global patterns of capital accumulation – this thesis demonstrates how cumulatively causative processes at structural, institutional and agency levels have left Sri Lanka a precariously uneven and remittance-dependent economy. Sri Lanka’s dilemma hinges on a central contradiction: uneven development has forced marginalised populations into foreign employment, only for their remittances to maintain the model of development they themselves are excluded from. The dualistic nature of remittance capital, as both an individual income transfer and an aggregate foreign exchange inflow, is fundamental to this dynamic. Fieldwork findings from over 100 interviews with migrant returnees suggest that a combination of rigid economic geography, exploitative recruitment networks and the social importance of status consumption have resulted in few lasting benefits from foreign employment. Most migrants achieved subsistence rather than ‘success’, while those from more disadvantaged communities often return indebted. Whilst remittance transfers have generally produced one-off or transient benefits for migrant households, their aggregated inflows have cushioned Sri Lanka’s trade deficit and buoyed the rupee to underwrite international loans that sustain uneven development by financing large infrastructural projects orientated explicitly to capital and the urban economy. Although evoking the pretence of stability, Sri Lanka’s remittance-driven development has complex implications for trade and production, to the effect of undermining domestic industry and limiting local spillovers from remittance consumption. With increasing remittance inflows needed to buffer a widening current account deficit and maintain macroeconomic stability, Sri Lanka has become entwined in an unsustainable and seemingly intractable path dependence on temporary labour migration as a substitute for substantive economic development.
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Ravinthirakumaran, Kalaichelvi. "Essays on the Impact of FDI on the Sri Lankan Economy." Thesis, Griffith University, 2017. http://hdl.handle.net/10072/367061.

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Sri Lanka is a developing country that is currently on the recovery path from 30 years of civil war. With the conclusion of hostilities in 2009, one of the main priorities of the Sri Lankan government has been to focus on major infrastructure improvements to boost its economic development. It has huge external debt stocks and low gross domestic savings. Sri Lanka considers attracting foreign direct investment (FDI) inflows as one of the strategies for sourcing funding for its major infrastructure projects, as it has been an important source of external financing for Sri Lanka since the introduction of the open economic policy in 1977. Therefore, understanding the role of FDI in the Sri Lankan economy is crucial for academic researchers and policy makers in the government and private sectors. A review of previous research studies on FDI in Sri Lanka clearly shows that there is a lack of knowledge relating to FDI and its effects on the Sri Lankan economy. Therefore, the main focus of the thesis is to examine the impact of FDI on the Sri Lankan economy as a whole, as well as on the individual sectors of the Sri Lankan economy.
Thesis (PhD Doctorate)
Doctor of Philosophy (PhD)
Griffith Business School
Griffith Business School
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Kumara, G. A. Kumudu Kusum. "Growth without capitalism : agrarian change in the peasant economy of Sri Lanka." Thesis, University of British Columbia, 1991. http://hdl.handle.net/2429/30828.

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This study examines the impact of capital on the small peasant economy of Sri Lanka which has been dominated by paddy cultivation, the consequent processes of agrarian change in the peasant society and the impact of these changes on the lives of the peasantry. The persistence of peasant agriculture throughout the developing world has posed a challenge to classical theories of the development of capitalism in agriculture which considered peasant production or Simple Commodity Production as a transitional phenomenon doomed to disappear. Recent interpretations of theories on Simple Commodity Production however, argue that peasant forms of production can and likely will survive within capitalist social formations, and therefore the analysis of the dynamics of agrarian change has to focus on historically specific situations. Pursuing the latter view, this study identifies the role of the State, class structure, and the role of agro-ecological imperatives as key factors influencing agrarian change in Sri Lanka. While existing agrarian relations in the peasant sector have not become a barrier to the growth of productive forces in the peasant economy, this growth has not necessarily led to the disintegration of the peasantry, despite a certain amount of differentiation among them. While the dynamism manifested in the emergence of a small stratum of rich peasants and rural entrepreneurs may indicate the possibility of capitalist development in the peasant sector in some areas of the country, the overall situation within the peasant economy indicates the possibility of paddy agriculture reaching its advanced stages within the form of peasant production itself. In the event of such a possibility, it is the problem of underemployed labour in the peasant sector which will become the agrarian question of Sri Lanka.
Arts, Faculty of
Sociology, Department of
Graduate
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Liyanaarachchi, Tilak Susantha. "Trade Liberalisation and Poverty in Sri Lanka: A Computable General Equilibrium Micro-Macro Analysis." Thesis, Griffith University, 2015. http://hdl.handle.net/10072/368152.

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Economic theory suggests that removing trade barriers increases economic growth and reduces poverty in developing countries. Mixed empirical evidence has made the trade — poverty linkage a controversial topic as there is still no guarantee that trade liberalisation will benefit the poor. Since the effects of trade on the poor are indirect, the empirical analysis of this relationship has become a complex task. Trade reform is observed at the macro level while income distribution and poverty issues are observed and analysed at the micro level. A general equilibrium model based Input-Output or Social Accounting Matrix or a microeconomic model based on household survey data alone is therefore not able to fill this micro-macro gap. In order to examine the impact of trade liberalisation on poverty and income inequality within a developing country context, this study develops a macro-micro framework to fill this gap by linking computable general equilibrium (CGE) and microsimulation models in top-down mode for the Sri Lankan economy. While the CGE model analyses the effects of trade liberalisation, the microsimulation model analyses the impact on poverty at the household level.
Thesis (PhD Doctorate)
Doctor of Philosophy (PhD)
Griffith Business School
Griffith Business School
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Ganeshamoorthy, Murugesu. "The political economy of trade liberalization in developing countries : the Sri Lanka case /." Saarbrücken : Verl. für Entwicklungspolitik Saarbrücken, 2003. http://catalogue.bnf.fr/ark:/12148/cb39037302f.

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Eriksson, Gabriella, and Sofia Rudell. "Branding Sri Lanka : A case study." Thesis, Linnéuniversitetet, Institutionen för marknadsföring (MF), 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-28605.

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This bachelor thesis is conducted as a Minor Field Study (MFS) in Sri Lanka, funded by the Swedish International Development Cooperation Agency (SIDA). The tourism industry have become a key factor for economic growth in several developing countries. A section of branding which refers to branding of a whole country is place branding. Place branding is seen as a complex process which involves multiple parts of the country. In order to ease for brand managers and to develop the theory of place branding, Hanna and Rowley (2011) have developed a new model of place branding. The model is named the Strategic place brand management model (SPBM- model) and consists of components which are argued to be essential parts in the process of branding a place. Developing countries have a need for place branding practices in order to create economic growth. The SPBM-model could therefore be a useful contribution to the research field of place branding in developing countries. The research questions of this research was therefore firstly to see how Sri Lanka work with the components in the SPBM-model, and second to find out which components in the SPBM-model that can be seen as important based on Sri Lankan conditions. This to answer the purpose of this thesis: explore how the SPBM-model can be applied on the process of branding Sri Lanka. The study was made through a case study of the developing country of Sri Lanka. In order to gain data, seven semi-structured interviews were conducted with officials working with branding Sri Lanka as a tourism destination. By putting the SPBM-model on the Sri Lankan place branding process it can be interpreted that all components are tightly connected to each other, and some parts seems to be more important for Sri Lanka then others. If Sri Lanka put more time and effort in the three components of infrastructure, stakeholders and evaluation, also the other six components of the SPBM-model (identity, brand experience, WOM, architecture, communication andarticulation) indirect will be affected in a positive way.
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Gunasekera, Arosha Indika. "Achieving rural development in Sri Lanka through a systematic model : microfinance and women's empowerment." Thesis, University of Cambridge, 2014. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.708366.

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Kelegama, Saman. "The consequences of economic liberalization in Sri Lanka." Thesis, University of Oxford, 1990. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.306729.

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Nallainayagam, Vettivelu. "Economic development and income distribution : the experience of Sri Lanka, 1953-1978." Thesis, McGill University, 1986. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=72820.

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Jayarathna, Kotte Hevage Eranga Hirosh. "Technical and Economic Impacts of the First Coal-fired Power Station in Sri Lanka." Thesis, Högskolan i Gävle, Avdelningen för bygg- energi- och miljöteknik, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-19346.

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The first coal-fired power plant in Sri Lanka was successfully connected to the national grid in year 2011. The proposal of implementing coal-fired power plants in Sri Lanka has been appearing in power sector master plans since year 1985. It was delayed for many years, mainly due to public protests and indecision of the political leadership of the country. This research analyzes the social and economic barriers faced during the implementation stage. Operation of the plant in terms of system inertia, reliability and stability is discussed. This is the single largest power sector investment in Sri Lanka and returns on the investment were analyzed in this study. As this is the first coal-fired power plant in Sri Lanka, success of this project will create the platform for the public acceptance of future coal-fired power plants. There were some technical failures during the initial years of operation of the plant, and now it records a higher reliability. Furthermore, it is important to summarize the lessons learnt after implementing this project. Future plans of the utility, energy policy of the country and the political agenda of a country should reflect the experience with this project. This is a good example that teaches the lesson; projects which require to be implemented in the national interest should not be postponed or cancelled due to the protest by small groups of people perceived to be affected by the project. It is highlighted that system stability is improved in many cases due to the increase of power system inertia, to which this power plant makes the largest contribution. System inertia is improved in six out of nine scenarios, which were analyzed in this study. Economic benefits gained by the power plant were examined and the study proves that this power plant will have a significant positive effect on the national economy. Loss incurred delaying the project was calculated and it proves the importance of this project.
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Books on the topic "Economy of Sri Lanka"

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Karunatilake, H. N. S. The economy of Sri Lanka. Colombo: Centre for Demographic and Socio-Economic Studies, 1987.

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Bhargava, Pradeep. Political economy of Sri Lanka. New Delhi: Navrang, 1987.

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author, Weerakoon Dushni, ed. Sri Lanka: State of the economy 2015. Colombo, Sri Lanka: Institute of Policy Studies of Sri Lanka, 2015.

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Fernando, Rohan J. The Sri Lanka economy: Economic review 1992-outlook 1993. Colombo, Sri Lanka: Institute of Policy Studies, 1993.

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Institute of Policy Studies (Colombo, Sri Lanka), ed. Sri Lanka: State of the economy, 1991/92. Colombo, Sri Lanka: Institute of Policy Studies, 1992.

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Rahman, Masihur. Political economy of income distribution in Sri Lanka. Dhaka: University Press, 1987.

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International Centre for Ethnic Studies, ed. The political economy of post-war Sri Lanka. Colombo: International Centre for Ethnic Studies, 2013.

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Bjerve, Petter Jakob. Utviklingsoppdrag i Sri Lanka. Oslo: Statistisk sentralbyrå, 1994.

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Bank, World, ed. Sri Lanka and Malaysia. Oxford [England]: Published for the World Bank [by] Oxford University Press, 1992.

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Colambage, S. S. The economy of Sri Lanka in the liberalised phase. Edited by Wesumperuma Dharmapriya and Friedrich-Ebert-Stiftung (Sri Lanka). Colombo: Friedrich Ebert Stiftung, 1996.

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Book chapters on the topic "Economy of Sri Lanka"

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Capie, Forrest. "Sri Lanka." In Directory of Economic Institutions, 261–62. London: Palgrave Macmillan UK, 1990. http://dx.doi.org/10.1007/978-1-349-10218-1_41.

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Withers, Matt. "The political economy of uneven development in Sri Lanka." In Sri Lanka’s Remittance Economy, 33–48. Abingdon, Oxon ; New York, NY : Routledge, 2019. |: Routledge, 2019. http://dx.doi.org/10.4324/9780429453557-3.

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John, D. Rogers. "Politics, Economy and Society." In Crime, Justice and Society in Colonial Sri Lanka, 17–39. London: Routledge, 2023. http://dx.doi.org/10.4324/9781003377689-2.

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Khan, Shahrukh Rafi. "Human development in Sri Lanka." In Economic Successes in South Asia, 59–70. London: Routledge, 2022. http://dx.doi.org/10.4324/9781003176411-6.

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Spillan, John E., and Mohammad Rahman. "The Economic Climate in Sri Lanka." In Doing Business in Bangladesh and Sri Lanka, 179–203. Cham: Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-37822-5_10.

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Roy, Tirthankar. "The State and the Economy II: Sri Lanka and Nepal." In The Economy of South Asia, 75–93. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-54720-6_4.

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Roy, Tirthankar. "Trade and Industry II: Pakistan, Bangladesh, Sri Lanka, and Nepal." In The Economy of South Asia, 215–37. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-54720-6_9.

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Cooray, Nawalage S., Upul Premarathna, Keerthi Sri Senarathna Atapaththu, and Tilak Priyadarshana. "Development and Challenges of Indian Ocean Blue Economy and Opportunities for Sri Lanka." In Global Blue Economy, 221–57. Boca Raton: CRC Press, 2022. http://dx.doi.org/10.1201/9781003184287-8.

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Wijeweera, Albert. "Terrorist Activities and Financial Market Performance: Evidence from Sri Lanka." In The Political Economy of Conflict in South Asia, 132–48. London: Palgrave Macmillan UK, 2015. http://dx.doi.org/10.1057/9781137397447_8.

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Jayaratne, Suwendrani, and Janaka Wijayasiri. "Facilitating Trade Between India and Sri Lanka." In South Asia Economic and Policy Studies, 207–25. Singapore: Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-3932-9_11.

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Conference papers on the topic "Economy of Sri Lanka"

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Kasturiarachchi, S. C. W., and D. P. U. M. Wickramasinghe. "Designer approaches to the heritage textile craft amalgamation in hand knitting; local adaptation of hand knitting technology." In Awakening the economy through design innovation. Department of Integrated Design, University of Moratuwa, Sri Lanka, 2023. http://dx.doi.org/10.31705/idr.2023.1.

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Hand knitting is a versatile experimental craft that can be explored in many ways. Knitting is the process of looping yarn around two or more needles to form a collection of interconnected loops that will eventually become a finished clothing item or another sort of fabric. This craft came to Sri Lanka during foreign invention and primarily to produce pure Norwegian wool yarns began producing machine knitted sweaters somewhere in the 1950's. And further expanded as cottage knitting centers in several of the island's rural communities. In literature, hand knitting is typically connected with western countries. Even though it is generally associated with the western countries, Sri Lanka also considers it as a heritage textile craft. Hand knitting is a common practice in every household worldwide. However, because of the lack of climatic necessity, hand knitting is not a well-established craft in Sri Lanka as compared to other crafts. And also, the knitting industry has still not started to cater in terms of the Sri Lankan context. Nevertheless, Sri Lanka has thriving, economy-based craft organizations and communities with highly talented artisans who have more than 35 years of expertise in hand knitting and produce export-quality goods to different countries. There are countless possibilities with hand knitting, and this method is capable of adapting to local context in many ways. Craftsman’s, different companies are also approaching this. The term "amalgamation" describes the mixing of cultures as opposed to one group eradicating another or one group assimilating itself into another. Hence Craft amalgamation is one approach where hand knitting can be introduced according to local preferences. The main objective and the intention of this research is to understand how local designers in Sri Lanka amalgamate various other heritage textile crafts in Sri Lanka with hand knitting technology to integrate into the local context. This creates an pportunity for local craft communities to uplift their craftsmanship towards the creative economy and also to give a new knowledge to the Local designers who tend to form new designs related to hand knitting for the local context. Literature reviews and case studies are used as the main research approach for this study to examine the Sri Lankan hand knitting industry and its strengths and weaknesses. Several case studies will be carried out for designers who are engaged with knitwear, and it will be conducted to identify the ways they have taken through the amalgamation of heritage crafts. Craft amalgamation may be challenging, but efforts have been made to remove these challenges from their design processes. In the end, each of these projects clearly illustrates the potential for craft amalgamation. Hence this will open up to future possibilities which are related to hand knitting.
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Balasubramaniyam, R., and B. Rodddrigo. "Role of user experience design practices in sustainable secondary education in Sri Lanka." In Awakening the economy through design innovation. Department of Integrated Design, University of Moratuwa, Sri Lanka, 2023. http://dx.doi.org/10.31705/idr.2023.6.

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Sustainable Education has been emphasized as one of the 17 Sustainable Development Goals of the United Nations in order to create a sustainable community that is future ready to face the environmental, economic and social crisis that has occurred due to human activity. With digitalization, the rise of web-based educational platforms has increased in Sri Lanka and the contribution to provide Sustainable Education through these platforms has to be studied to further improve them. In this study the use of UX Design practices when developing web-based educational platforms for the Sustainable Secondary Education is analyzed using two cases which lead the web-based education in Sri Lanka. The main objective of the study was to identify the role of UX Design practices to aid Sustainable Secondary Education in the two cases chosen and thereby find gaps and insights in process that would benefit future designers, developers, and researchers to contribute to web-based Sustainable Education in Sri Lanka. The research was qualitative, and data collected through literature review and in-depth interviews of multiple-case studies and were analyzed through a thematic analysis method. The study revealed the use of UX Design practices when doing iterations and when making choices related to content development and the affordable solutions used to cope with limited resources available to the cases studied. The study contributes major insights related to developing web-based educational applications in relation to the Sri Lankan context as well as for developing countries.
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Atapattu, AMDS, H. Chandanie, and R. Dilakshan. "Importance of a value assessment tool in regenerating a circular built environment in Sri Lanka." In 10th World Construction Symposium. Building Economics and Management Research Unit (BEMRU), University of Moratuwa, 2022. http://dx.doi.org/10.31705/wcs.2022.45.

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Attribute to the rapid expansion of the built environment, excessive resource consumption and waste generation aligned with the corresponding linear economy practices have impacted the preservation of the ecosphere. In addressing the shortcomings of the linear economy, the circular economy concept was introduced by prioritising the circular value streams of the resources which minimises resource extraction and waste generation. However, environmental concerns are often disregarded in construction processes where the priority is given to the cost and economic return of construction applications. Simultaneously, the absence of a proper methodology in assessing the economic aspects of circular economy principles is apparent in the built environment sector. Therefore, this study aimed to assess the importance of a proper value assessment tool in shifting to a circular built environment in Sri Lanka. Instigating from a literature survey, the existing knowledge on the study area was synthesised. A qualitative approach was followed in the empirical study where semi-structured interviews were conducted with ten experts in the field of circular economy in Sri Lanka. The manual content analysis technique was followed in analysing the collected qualitative data. The findings revealed that the extremely low maturity of circular economy practices in the Sri Lankan construction sector is mainly caused by the absence of a proper value assessment tool. Therefore, the introduction of a proper value assessment tool is important for circular built environment experts to encourage the fellow construction community towards the transition to a circular built environment in Sri Lanka.
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Wimalarathna, K. B. K. R. G. G., M. L. S. S. Fernando, and U. Kulatunga. "Investigation of the challenges of executing sustainable construction practices in the Sri Lankan construction industry." In World Construction Symposium - 2023. Ceylon Institute of Builders - Sri Lanka, 2023. http://dx.doi.org/10.31705/wcs.2023.51.

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The construction industry has made a significant contribution to global environmental issues while forging an imperishable relationship with society and the economy of the country. There has been an increasing trend in the promotion of sustainable construction (SC) in the industry. The implementation of SC practices is a vital step in construction projects to reduce the adverse impacts on the environment economy and society. While numerous challenges affect sustainable construction projects, those challenges continue to obstruct the further implementation of sustainable construction practices. However, the execution of SC projects in Sri Lanka is not up to an acceptable sufficient level due to many challenges. Hence, this research focused on the investigation of the challenges of executing SC practices in Sri Lanka. A quantitative research approach was adopted for the fruitful achievement of desired objectives. A questionnaire survey was designed to collect data and targeted 30 professionals including quantity surveyors, engineers, project managers, architects and other professionals in the industry. The results of the analysis revealed the importance and the existing applicability of SC practices in Sri Lanka. However, the results show that the important SC practices in Sri Lanka do not apply to a sufficient level in the Sri Lankan industry. Lack of government support, increasing energy costs and lack of existing SC principles are the major challenges to the SC in Sri Lanka. Finally, the findings recommended further improvement of SC practices in Sri Lanka with the perspective of legal, educational, technical, and financial efforts.
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Perera, A. P., and S. Samarawickrama. "Community-based application for Sri Lankan comic enthusiasts towards building a Sri Lankan comic culture." In Awakening the economy through design innovation. Department of Integrated Design, University of Moratuwa, Sri Lanka, 2023. http://dx.doi.org/10.31705/idr.2023.7.

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The landscape of comics in Sri Lanka has a rich history dating back to the 1950s when comic strips were immensely popular. However, in the early 2000s, the industry encountered a significant shift with the advent of digital entertainment, causing a decline in the production and popularity of comics. This transition period lasted for about 17 years, during which the industry grappled with adapting to the digital era. Webcomics emerged as a global trend, leading Sri Lankan comic artists to embrace this digital shift, albeit with challenges. Presently, the Sri Lankan comic industry comprises three primary stakeholders: comic artists, writers, and fans. Despite the transition to webcomics, the annual production drastically decreased from around 100 to only 20, with more than 40% of these discontinued after 2020. The decline in the industry is attributed to the lack of networking and collaboration among the identified stakeholders. Without a strong community base, the sustainability of the industry is compromised. The core objective of this project is to establish a platform that facilitates networking among comic enthusiasts, fostering a vibrant community. While Sri Lankan comics have a longstanding legacy, recent developments in digitalization have reshaped the landscape. Despite a budding graphic novel industry and the influence of notable comic artists, the lack of collaboration among creators and a platform connecting them with their audience has hindered the industry's growth. This project aims to scrutinize the reasons behind this decline and identify the existing gaps within the industry. By creating a space for comic enthusiasts to network and build a community, this initiative seeks to reinvigorate the Sri Lankan comic culture and propel it towards sustainable growth.
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Mafra, M. T. F., M. Gowsiga, A. S. Asmone, and R. A. A. Dilogini. "Applicability of circular economy for the electronic waste minimization in Sri Lankan office buildings." In Independence and interdependence of sustainable spaces. Faculty of Architecture Research Unit, 2022. http://dx.doi.org/10.31705/faru.2022.2.

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Electronic equipment is one of the world’s fastest-growing waste types. Office buildings can be identified as a major contributor to the electronic waste generation of any country, including Sri Lanka. Several electronic waste management strategies are utilised around the world, including landfilling and incineration, export, urban mining, 3R concept, extended producer responsibility, and circular economy. Among all, the circular economy is considered the best approach for minimising electronic waste in an office building. However, the circular economy concept is not widely used in Sri Lanka. Hence, this research aims to examine the applicability of the circular economy for electronic waste minimisation in Sri Lankan office buildings. To collect the required data, a comprehensive literature review was carried out initially, followed by a questionnaire survey and expert interviews. Manual content analysis was used to analyse the collected data. The findings revealed that the barriers to implementing the circular economy are high cost, lack of skilled labour, limited rules and regulation, limited rules and regulation on the circular economy, lack of continuous monitoring system when issuing the license, and lack of allocated resources for research on the circular economy. Further, conducting awareness-raising campaigns, using electronic equipment responsibly, and enacting electronic waste-related legislations were suggested for the better implementation of a circular economy in Sri Lankan office buildings.
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Kinigama, I. M. M. K., and A. Weerasinghe. "Cultural identity formation through hybridization: dressing under portuguese intervention in Sri Lanka." In Awakening the economy through design innovation. Department of Integrated Design, University of Moratuwa, Sri Lanka, 2023. http://dx.doi.org/10.31705/idr.2023.2.

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Through the process of cultural hybridization form a unique identity by mixing elements from interaction of cultures which has occurred throughout the world since the past. Representation of this identity can be understood with the dressing styles of cultures. With the influence of foreign cultures by the exposure throughout history, Sri Lankan culture has formed a unique identity with the hybridization process. The beginning of colonialism with Portuguese intervention and European culture marked a pivotal point in Sri Lanka's cultural identity, which lasted to the present. This study is conducted with the association of hybrid community Portuguese burghers located in Batticaloa and their traditional practices that developed as a result of cultural interaction that occurred during the Portuguese era in the eastern coastal area that has been identified as a cultural exchange zone using the hybrid component identification methodology suggested by Historian Peter Burke in order to analyze the process of hybridity formation and the reasoning behind the cultural identity formation. The study will primarily focus on female dressing associated with the community's Marriage ceremony traditions to understand the dressing and cultural identity formation with hybridization through data gathering methods such as interviews, literature, and visual observation of documents. In order to formulate a conclusion for the research, the study examines the history, traditional practices, cultural influences, and current condition, as well as the discussion of findings. Through a careful analysis of historical context and utilizing the hybridity research method, it was evident that the formation of a unique Sri Lankan cultural identity involved intentional reasoning from the perspective of the Portuguese and oppression and intentionality from the Sri Lankan perspective. This hybrid identity, embracing elements from both Portuguese and Sri Lankan cultures, culminated in the emergence of the Burgher community. However, in the present day, this community faces challenges of counter-globalization and external cultural pressures, pushing them to assert their identity within society. Researchers can expand on the study of cultural hybridity and identity formation through dressing, with a focus on Portuguese intervention. They have the opportunity to investigate the dance practices of the Portuguese Burghers and the African-influenced Kaffir community using the same framework. Alternatively, they can explore other cultures' influence on Sri Lankan culture, utilizing this research's framework to gain deeper insights into the process of cultural hybridization and its impact on identity formation.
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GOWSIGA, M., and M. THAYAPARAN. "INCORPORATION OF CIRCULAR ECONOMY CONCEPT TO THE APPAREL INDUSTRY: LITERATURE REVIEW." In 13th International Research Conference - FARU 2020. Faculty of Architecture Research Unit (FARU), University of Moratuwa, 2020. http://dx.doi.org/10.31705/faru.2020.13.

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The apparel industry is one the most foreign exchange earning industries for developing countries. However, it is one of the notable polluting industries in the world too. Additionally, there are numerous factors affecting the economy of the industry, for example COVID 19, and the industry needs to reinvent from those issues by forcing itself to live. Thus, Circular Economy (CE) can act as a potential solution to address the issues related to both environmental and economic factors of the apparel industry. CE is a business strategy to gain economic benefit, minimise environmental impacts and increase the efficiency of resource consumption. CE concept has been practised in various countries such as China, Bangladesh, Europe, Australia and Germany. However, it is still a novel concept in Sri Lanka even though Sri Lankan apparel industry has a solid reputation globally for their high-quality, reliability, lead time, and social accountability. Introducing the CE concept into Sri Lankan apparel industry will help to overcome the financial issues in a sustainable way. With the intention of introducing CE concept to Sri Lankan apparel industry, this paper intends to review the application of CE in global context and in the context of apparel industry, their benefits and challenges in order to further investigate the suitability of CE concept to SL apparel industry. This paper is therefore based on a comprehensive literature review. Hence, it highlights the literature findings on the applicability of CE in apparel industry, its benefits and challenges when adopting CE into apparel industry. This basic finding will aid to assess the possibility of incorporating CE concept within the Sri Lankan apparel industry. The key findings of the research, environmental gain, economic benefit, resource optimisation and collaboration among stakeholders are the key benefits of CE. The main challenges are expensive, advanced technology, measuring the benefits especially financially, lack of support, knowledge, awareness, commitment and leadership, systematic regulation, social and cultural acceptance.
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Perera, M. H. D. N., H. N. R. Gunawardane, D. C. H. De Silva, P. T. D. Liyanage, T. L. Navaratne, S. G. U. S. Chandrarathne, O. Silva, P. J. S. Fernando, and M. Serasinghe. "The Power of Adaptability: HEMAS Blueprint for Economic Resilience." In 20th International Conference on Business Management - 2024. ICBM 2024 and Faculty of Management Studies and Commerce, 2024. http://dx.doi.org/10.31357/fmsc/icbm24/csb.01.c02.

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This case study explores the journey of Hemas, a Sri Lankan conglomerate involved in the fast-moving consumer goods (FMCG) sector, as it navigates through the complexities that arise due to the Covid-19 pandemic, including disruptions to the supply chain, uncertainties in the global market, and the economic crisis in Sri Lanka which led to fuel shortages, exchange crisis and power outages. This case study explores the journey of Hemas, a Sri Lankan conglomerate involved in the fast-moving consumer goods (FMCG) sector. While navigating through the complexities that arose due to the COVID-19 pandemic and the war between Russia and Ukraine, Hemas faced difficulties in obtaining raw materials, specifically sunflower oil. At present it faces the negative repercussions of the severe economic crisis in Sri Lanka. Hence, the case study explores Hemas' strategies in response to these challenges, including a highly adaptable approach, leveraging its reputation for better financial terms, and prioritising employee well-being.
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Jayamal, D., N. Gunarathne, and B. L. S. H. Perera. "An exploratory study on abandoned construction projects in the western province, Sri Lanka." In World Construction Symposium - 2023. Ceylon Institute of Builders - Sri Lanka, 2023. http://dx.doi.org/10.31705/wcs.2023.11.

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The construction industry creates a considerable impact on the country’s economy. The current economic crisis has severely affected the Sri Lankan construction industry whereby also affecting the entire construction supply chain. Researchers have mentioned that a project abandonment has an overall negative impact on both economy of the country and the construction industry. Thus, this research paper aims to explore the reasons for the abandonment of construction projects during the current economic crisis in Sri Lanka and identify the remedies to avoid in the future. A comprehensive literature review, a questionnaire survey, and semi-structured interviews were conducted to gather data in both qualitative and quantitative procedures. Semi-structured preliminary interviews were conducted to gather preliminary data before developing the final questionnaire. The empirical findings revealed that the material import restrictions imposed by the government, price increments in materials due to restrictions, disruptions in machinery operations due to scarcity of fuel, rising labour costs, and shutdowns in government-funded projects are the main reasons for the projects to be abandoned during the economic crisis. Encouraging foreign investments, controlling inflation and keeping on track of the country’s economy, easing tight import restrictions, and proper pricing mechanisms for construction materials are some of the remedies proposed to avoid projects being abandoned during the crisis. The research findings deliver valuable evidence to the practitioners with an in-depth understanding of the remedies to take over during a period of a crisis and thereby minimize the projects being abandoned.
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Reports on the topic "Economy of Sri Lanka"

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Athukorala, Prema-chandra, Edimon Ginting, Hal Hill, and Utsav Kumar, eds. The Sri Lankan Economy:. Manila, Philippines: Asian Development Bank, October 2017. http://dx.doi.org/10.22617/tcs178786-2.

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editors, EAF. In Sri Lanka, economic necessity collides with political reality. East Asia Forum, December 2023. http://dx.doi.org/10.59425/eabc.1702900817.

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Jayasundara-Smits, Shyamika. Sri Lanka stuck in choppy political and economic waters. East Asia Forum, February 2024. http://dx.doi.org/10.59425/eabc.1707519000.

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Chen, Liming, Yang Lu, and Aruna Nanayakkara. Rural Road Connectivity and Local Economic Activity: Evidence from Sri Lanka’s Integrated Road Investment Program. Asian Development Bank, December 2021. http://dx.doi.org/10.22617/wps210484-2.

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Belser, Eva Maria, Maurizio Maggetti-Waser, and Nico Steytler. Power Sharing in Sri Lanka. Fribourg (Switzerland): IFF, 2016. http://dx.doi.org/10.51363/unifr.diff.2016.16.

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Water Management Institute, International. Sri Lanka issues and opportunities for investment. International Water Management Institute (IWMI), 2010. http://dx.doi.org/10.5337/2010.220.

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Water Management Institute (IWMI), International. Influencing climate change policy in Sri Lanka. International Water Management Institute (IWMI)., 2013. http://dx.doi.org/10.5337/2013.042.

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Weerakoon, Dushni. Sri Lanka needs a cautious growth trajectory. East Asia Forum, April 2024. http://dx.doi.org/10.59425/eabc.1713866400.

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Renne, D., R. George, B. Marion, D. Heimiller, and C. Gueymard. Solar Resource Assessment for Sri Lanka and Maldives. Office of Scientific and Technical Information (OSTI), August 2003. http://dx.doi.org/10.2172/15004299.

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Abeyratne, Frederick, and Hiroyuki Takeshima. The evolution of agricultural mechanization in Sri Lanka. Washington, DC: International Food Policy Research Institute, 2020. http://dx.doi.org/10.2499/9780896293809_04.

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