Working Paper Series

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    A Three-wheeled attraction: an analysis of Three-Wheeler drivers in Sri Lanka's labour market
    (Institute of Policy Studies of Sri Lanka, 2022) De Silva, Thisali
    The existing labour shortage in Sri Lanka has been inflicting high economic pressure not only on agricultural and industrial sectors but also on labour supply for domestic activities countrywide. Manufacturing sector industries such as apparel and construction, and service sector industries like tourism suffer from labour shortages that the country is currently experiencing. The shortage of people in some industries, such as the construction sector, is attributed to the reluctance of youth to take up this type of employment (Praveen et al. (2016)).
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    Belt and road initiative, debt and diplomacy: challenges and opportunities for China-Sri Lanka economic relations
    (Institute of Policy Studies, Sri Lanka, 2019-06) Weerakoon, Dushni; Wijayasiri, Janaka
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    Incentivizing Foreign Investment in Sri Lanka and the Role of Tax Incentives
    (Institute of Policy Studies of Sri Lanka, 2013-04) Wijesinha, Anushka; Ekanayake, Raveen; Mahendra, Gajen
    While this paper does acknowledge that tax incentives are not the only factor in determining the foreign investment attractiveness of the country, that tax incentives violate the equity principle of taxation, that the evidence supporting the effectiveness of tax incentives is contentious, and are a drain on the country's exchequer, it also acknowledges that Sri Lanka would need to maintain some form of tax incentives regime to remain competitive in attracting good quality FDI. The key argument of this paper is that this tax incentives regime must be designed, implemented, and monitored in a smarter and more cost-effective way so that the impact on revenue is minimized and economic policy objectives can be realized.
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    Private Hospital Health Care Delivery in Sri Lanka: Some Issues on Equity, Fairness, and Regulation
    (Institute of Policy Studies of Sri Lanka, 2013-06) Dayaratne, G. D.
    Private Hospitals were in existence prior to the World War Two period, and the growth of this sub-sector coincided with the emergence of a market economy in the country, along with the entry into the market of the pharmaceutical industry, medical equipment industry and private insurance. This review attempts to document, understand, and offer suggestions concerning the Private Hospitals in some specific areas such as characteristics, distribution, incentive mechanism for the private health sector, involvement of government and foreign doctors in the private sector, user fees charged, medical negligence and the role of the regulatory regime.
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    Public Investment For Closing The SDG Finance Gap: Sri Lanka Perspective
    (Institute Of Policy Studies Of Sri Lanka, 2023) Fernando, Lakmini
    Realising 'United Nations 2030 Agenda for Sustainable Development' requires massive investment allocation as limited financial resource availability decelerated the achievement of sustainable development goals (SDGs). Economic crisis loomed with the COVID-19 pandemic, has further hindered SDG progress. Therefore, theachievement of 2030 Agenda relies on the effectiveness of recovery strategies and financial capabilities. Public investment plays a significant role in 2030 Agenda, however, systemic research on the nexus between public investment and SDGs is limited. Hence, assessing SDGs investment gap is significant and supports sufficient flow of funds to 2030 Agenda. The additional investment requirement in 2030 to reach key SDGs is 4% of the gross domestic product (GDP) for emerging market economies (EMEs) and 15% for low-income countries(LICs). Using an input-outcome based innovative costing methodology, Sri Lanka's additional investment requirement for SDGs by 2030 is estimated to be around United States Dollars (USD) 1.4 trillion (Tn) or 12.5 percentage pointsof GDP. On average, public investment has been around 5-7% of GDP over the last decade, hence, allocation ofadditional funds for SDGs is challenging.The 2030 Agenda requires placing equal importance on economic, social and environmental objectives. However,Sri Lanka's public investment ratio in these three dimensions is 80:19:1 and it is long been skewed towardsinfrastructure development. The SDG framework can be used as a foresight planning tool to minimise these disparities. Further, strengthened domestic resource mobilisation, use of innovative financing options and enhanced institutional quality are vital to achieve the 2030 Agenda for Sri Lanka.
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    State of the Sri Lankan Alcohol Industry and Analysis of Governing
    (Colombo: Institute of Policy Studies of Sri Lanka, 2013-12) Dayaratne, G.D.
    The main objective of this study is to formulate a balanced policy option for decision makers as Sri Lanka never had a comprehensive alcohol policy, inspite of continuity of enhancing state revenue from legal alcohol. This study reviews the opinions of a cross- section of stakeholders from the industry, wholesalers, retailers, illicit brewers and producers, moderate drinkers, law enforcement officials, government officials and religious dignitaries , to develop a rational policy framework to implement, monitor and enforce it effectively.