Economic Policy in Sri Lanka: Issues and Debates

Front Cover
Saman Kelegama
SAGE Publications India, Nov 8, 2004 - Business & Economics - 522 pages
The essays in this volume, written by well-known economists and social scientists, shed light on the intense national debates that accompanied the making of policy decisions in Sri Lanka.

Studying the country's economy under six main headings: the ideology and strategy of economic development; macro-economic policy; the development of agriculture, industry and technology; employment and labour; institutional issues and governance; and social welfare, the book presents a comprehensive picture of contemporary Sri Lanka's economy.

 

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Contents

Acknowledgements
14
Introduction
15
Pessimism Confounded
37
The Influence of Development Ideology in Macroeconomic Policy Reform Process
54
The Lessons of National Planning
71
19602000
96
The Importance of the Public Sector in Economic and Social Development
109
Current Fiscal Policy
125
An Exploratory Study
273
Migration and Brain Drain
300
Economic Liberalization and Institutional Reform
337
Consumer Affairs Authority Act in the Overall Context of Competition Policy
349
Privatization and Regulation
363
Banking Sector Reform
379
The Colonial Lineages of the Welfare State
403
Overview of the Health Sector
426

Institutional Issues
153
Exchange Rate
177
Controversial Issues
195
Industrial Policy
213
Key Issues in Productivity
237
Labour Productivity Growth and Employment Generation
255
Conceptual Foundations
445
Poverty Alleviation
467
Biographical Scetch of Gamani Corea
497
About the Editor and Contributors
503
Index
507
Copyright

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About the author (2004)

Saman Kelegama is the Executive Director of the Institute of Policy Studies of Sri Lanka (IPS). He is a Fellow of the National Academy of Sciences of Sri Lanka and was the President of the Sri Lanka Economic Association (SLEA) during 1999-2003.

He has published extensively on Sri Lankan and regional economic issues in both local and international journals. His latest books are: Foreign Aid in South Asia: The Emerging Scenario (2012), Trade Liberalization and Poverty in South Asia (joint editor 2011), Migration, Remittances, and Development in South Asia (2011), Promoting Economic Cooperation in South Asia: Beyond SAFTA (2010), Trade in Services in South Asia: Opportunities and Risks of Liberalization (2009), South Asia in the WTO (2007), Development under Stress: Sri Lankan Economy in Transition (2006), Contemporary Economic Issues: Sri Lanka in the Global Context (2006), South Asia After the Quota System: The Impact of the MFA Phase-Out (2005), Economic Policy in Sri Lanka: Issues and Debates (2004), Ready-Made Garment Industry in Sri Lanka: Facing the Global Challenge (2004), and many more. He is the co-editor of the South Asia Economic Journal (Sage Publications) and serves as a referee for a number of international journals.

He serves and had served in a number of government and private sector Boards as an independent member. He received his Doctorate (D.Phil.) and Masters in Economics from University of Oxford, U.K. Masters in Mathematics from the Indian Institute of Technology, Kanpur, India.

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