Sri Lanka : Development Policy Review

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dc.creatorWorld Bank
dc.date2013-07-25T15:34:32Z
dc.date2013-07-25T15:34:32Z
dc.date2004-12-08
dc.date.accessioned2026-07-01T01:11:58Z
dc.descriptionThis report provides an integrated view of Sri Lanka's long term development challenges for sustainable growth and poverty reduction. Sri Lanka's substantial achievements in human development are well known. In several dimensions - such as universal primary enrollment, gender equality, infant and maternal mortality - the country is well positioned to meet the Millennium Development Goals (MDGs). In addition, housing conditions have substantially improved, relative to the early 1980s, in particular with respect to housing materials and access to electricity, safe water and sanitation facilities. However, despite improved overall access to basic services, large disparities remain in the access to, and quality of most of these services. Of particular concern is the fact that poverty reduction has been slow, while income inequality has risen in recent years. The disappointing trend in national poverty incidence also reflects a long-term growth performance significantly below the country's potential. The core theme of this report is thus the following: Sri Lanka must achieve a higher growth rate, but do so in a manner that poor people, and the poor regions of the country can more fully participate in this growth. The report further analyzes early reforms and their impact, as well as that of private sector participation. However, despite the increased role of the private sector, little progress was made in fundamentally redefining the role of the state, partly owing to Sri Lanka's strong attachment to a large public sector. An important message of this report is that much of Sri Lanka's skewed growth record and ensuing increased income inequality, spanning through alternate governments, is a reflection of the unfinished reform agenda. Recommendations suggest improved public financial management, including public debt reduction, and the rationalization of public spending, linking it to the poverty reduction strategy. In addition, the performance of state-owned enterprises should be improved, followed by fiscal consolidation and adequate tax policies. Policies for export growth should be accelerated, pursuing a competitive real exchange rate, and avoiding trade policy reversals, but it is also important to note that preferential trade liberalization, i.e., access to markets cannot substitute for needed improvements in labor productivity, lead time, and cost effectiveness. The report also focuses on the importance of the impacts from agricultural development, infrastructure development, and certainly the impacts of improved education and health.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2004/12/9875554/sri-lanka-development-policy-review
dc.identifierhttps://hdl.handle.net/10986/14577
dc.identifierhttps://doi.org/10.1596/14577
dc.identifier.urihttp://hdl.handle.net/123456789/416036
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO BANK
dc.subjectACCESS TO CREDIT
dc.subjectACCOUNTING
dc.subjectADVERSE CONSEQUENCES
dc.subjectAGRICULTURAL COMMODITY
dc.subjectAGRICULTURE
dc.subjectBANKS
dc.subjectBARRIER TO ENTRY
dc.subjectBENCHMARK
dc.subjectBENEFICIARIES
dc.subjectBORROWING
dc.subjectBUDGET CONSTRAINT
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL INFLOW
dc.subjectCAPITAL INVESTMENTS
dc.subjectCENTRAL BANK
dc.subjectCENTRALIZATION
dc.subjectCHILD MORTALITY RATES
dc.subjectCIVIL CONFLICT
dc.subjectCOLLATERAL
dc.subjectCOMMODITIES
dc.subjectCOMMODITY PRICE
dc.subjectCOMPETITIVENESS
dc.subjectCONCESSIONARY RATES
dc.subjectCONSUMER
dc.subjectCONSUMERS
dc.subjectCONTRIBUTION
dc.subjectCONTRIBUTIONS
dc.subjectCOST EFFECTIVENESS
dc.subjectCREDIT MARKETS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT PLANS
dc.subjectCUSTOMER BASE
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBTS
dc.subjectDEPRECIATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT POLICIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC MARKET
dc.subjectDROUGHTS
dc.subjectDURABLE
dc.subjectEARNINGS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC BOOM
dc.subjectECONOMIC COST
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC LIBERALIZATION
dc.subjectECONOMIC MANAGEMENT
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC PRIORITIES
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMIC UTILITY
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEQUIPMENT
dc.subjectEXCHANGE CONTROL
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPORT SHARE
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTENSION SERVICES
dc.subjectEXTERNAL SHOCKS
dc.subjectFEMALE WORKERS
dc.subjectFINANCIAL LOSSES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL PROBLEM
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGNP
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT POLICIES
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHOLDING
dc.subjectHOLDINGS
dc.subjectHOUSEHOLD INCOMES
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCE
dc.subjectINCOME
dc.subjectINCOME GROUPS
dc.subjectINCOME GROWTH
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVEL
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINDEBTEDNESS
dc.subjectINDIRECT COSTS
dc.subjectINDUSTRIALIZATION
dc.subjectINFLATION
dc.subjectINFLATION RATE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSURANCE
dc.subjectINTANGIBLE
dc.subjectINTEREST PAYMENT
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL COMMERCE
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT CLIMATE ASSESSMENT
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PROGRAM
dc.subjectINVESTMENT REGIME
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLAND OWNERSHIP
dc.subjectLAND POLICIES
dc.subjectLEVIES
dc.subjectLEVY
dc.subjectLIFE EXPECTANCY
dc.subjectLITERACY
dc.subjectLOCAL EXCHANGE
dc.subjectLOW TARIFF
dc.subjectLOW-INCOME
dc.subjectLOW-INCOME FAMILIES
dc.subjectLOWER INCOME
dc.subjectMARKET CONDITIONS
dc.subjectMARKET ECONOMY
dc.subjectMARKET FAILURES
dc.subjectMONOPOLIES
dc.subjectNATIONAL SAVING
dc.subjectNATIONAL SECURITY
dc.subjectNOMINAL INTEREST RATE
dc.subjectOPEN ECONOMY
dc.subjectPEACE
dc.subjectPENSIONS
dc.subjectPER CAPITA INCOME
dc.subjectPERSONAL INCOME
dc.subjectPOLITICAL UNCERTAINTIES
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPOTENTIAL INVESTORS
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE CONTROLS
dc.subjectPRICE UNCERTAINTY
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTORS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SPENDING
dc.subjectRAPID DEVELOPMENT
dc.subjectRAPID GROWTH
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectRECURRENT COSTS
dc.subjectREGULATORY CONSTRAINTS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESPONSIBILITIES
dc.subjectRESUME
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectREVENUE PERFORMANCE
dc.subjectSAFETY NETS
dc.subjectSALARIES
dc.subjectSALARY
dc.subjectSAVINGS
dc.subjectSECONDARY EDUCATION
dc.subjectSECONDARY SCHOOLS
dc.subjectSELF-SUFFICIENCY
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT PROGRAMS
dc.subjectSMALLER FIRMS
dc.subjectSOCIAL PROTECTION
dc.subjectSTAKEHOLDERS
dc.subjectTARIFF BAND
dc.subjectTAX
dc.subjectTAX INCENTIVES
dc.subjectTAX POLICIES
dc.subjectTAX POLICY
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTELECOMMUNICATIONS
dc.subjectTELEPHONE LINE
dc.subjectTERRORISM
dc.subjectTRADE BALANCE
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE REGIME
dc.subjectTRADING
dc.subjectTURNOVER
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectVALUABLE
dc.subjectVALUE ADDED
dc.subjectWAGE
dc.subjectWAGES
dc.subjectWEB PAGE
dc.subjectWELFARE PROGRAMS
dc.subjectWELFARE REFORMS
dc.subjectWELFARE STATE
dc.subjectWELFARE SYSTEM
dc.subjectWITHDRAWAL
dc.subjectWORLD TRADE
dc.titleSri Lanka : Development Policy Review

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