Download or read book Sri Lanka written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-06-20 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper discusses measures needed for structural transformation in Sri Lanka. The government has ambitious plans to achieve upper middle-income country status in 2025 by transforming Sri Lanka in an Indian Ocean Hub for trade, investment, and services. Stable and transparent regulatory systems would make Sri Lanka’s business environment more attractive for long-term investment and support trade integration. Reviewing trade barriers and developing a phased and sequenced strategy for gradual removal of restrictions is a first necessary step toward enabling more competitive trade. In this regard, the authorities’ decision to gradually rationalize para-tariffs and set up automated approval systems is a welcome step. Ongoing open consultative processes on reform strategies can also help building public consensus in support of these important objectives.

Download or read book Sri Lanka written by and published by . This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-11-04 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Sri Lanka provides background information on economic developments and on selected policy issues facing Sri Lanka. The main economic developments in 1996 and the first quarter of 1997 are discussed. The paper highlights that in 1996, a severe drought, power shortages, and an escalation in the military conflict contributed to a sharp deterioration in the economic situation. With the end of the drought and power shortages, and a rise in investor confidence, macroeconomic conditions in 1997 were more favorable.

Download or read book Sri Lanka written by International Monetary and published by International Monetary Fund. This book was released on 2024-06-13 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sri Lanka: Selected Issues

Download or read book Sri Lanka written by Fonds monétaire international and published by . This book was released on 1996-09 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka written by and published by . This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka written by Birgir Urnason and published by . This book was released on 1997-12-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka Selected Issues and Statistical Appendix written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-09-26 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper focuses on the fiscal position of Sri Lanka. The standard analysis shows that, prior to the adjustment announced in the 2002 budget, fiscal policy was clearly unsustainable, leading to a rising debt-to-GDP ratio. The paper looks at external debt and complements the analysis of the public debt dynamics. The baseline scenario shows that debt ratios decline significantly in the medium term, as a result of strong growth founded on renewed peace and political stability, far-reaching structural reforms, and stable macroeconomic conditions.

Download or read book Sri Lanka written by Enric Fernandez and published by . This book was released on 2004 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka Selected Issues written by and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sri Lanka written by Fondo Monetario Internacional and published by . This book was released on 2007 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book New Zealand Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-13 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Zealand: Selected Issues

Download or read book Sri Lanka written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2014-09-18 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: EXECUTIVE SUMMARY The first chapter on monetary policy transmission examines the channels through which innovations to policy variables—policy rate or monetary aggregates—affect such macroeconomic variables as output and inflation in Sri Lanka. The effectiveness of monetary policy instruments is judged through the prism of conventional policy channels (money/interest rate, bank lending, exchange rate, asset price channels) in VAR models, and the timing and magnitude of these effects are assessed using impulse response functions, and through the pass-through coefficients from policy to money market and lending rates. Our results show that (i) interest rate channel (money view) has the strongest Granger effect on output with 0.6 percent decrease in output after the second quarter and a cumulative 0.5 percent decline within a 3 year period in response to innovations in the policy rate; (ii) the contribution from the bank lending channel is statistically significant (adding another 0.2 percentage points to the baseline effect of policy rates) in affecting both output and prices but with a lag of about 5 quarters for output and longer for prices; (iii) the exchange rate and asset price channels are ineffective and do not have Granger effects on either output or prices. The second chapter takes a fresh look at the public debt reduction strategy. It asks two questions: (i) what has been driving the increase and subsequent decline in Sri Lanka’s public debt? (ii) Is Sri Lanka’s public debt too high, and if yes, how much, how fast and how should it be reduced? The chapter finds that, until recently, favorable interest rate-growth differential reflecting the combination of relatively high real GDP growth and low real interest rates on public debt has worked to reduce the debt ratio, even as primary deficits and occasional currency depreciation pushed the ratio in the opposite direction. More recently, however, the average borrowing costs began to increase, reflecting the reduced role of concessional financing and increased resort to market borrowing. Thus, debt reduction became more dependent on real growth and stronger primary balance, and this trend is likely to continue. The chapter documents that Sri Lanka’s public debt is one of the highest among the emerging economies, particularly when measured against the relatively low revenues, and suggests that the authorities target its gradual reduction to 50 percent of GDP, relying mainly on revenue measures. This target is more ambitious than the authorities’ medium-term objective of reducing the debt ratio to 60 percent of GDP, but it is considered by staff as prudent.

Download or read book Sri Lanka written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-09-13 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Sri Lanka reviews several issues that highlight both Sri Lanka’s accomplishments and their policy constraints amidst a protracted period of civil conflict and political instability. High intermediation costs have held back development of the financial sector and could also frustrate Sri Lanka’s quest for higher growth. The main constraints to achieving higher growth include the civil conflict, political instability, high fiscal deficits and inflation, and underdeveloped financial markets.

Download or read book Monetary Poverty Estimates in Sri Lanka written by Neranjana Gunetilleke and published by DIANE Publishing. This book was released on 2008-05 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an introduction to poverty-related data available in Sri Lanka, & monetary measurements of poverty carried out using this data. The lack of an official poverty line in Sri Lanka until June 2004 has over time generated a number of poverty lines & corresponding poverty measures. While these poverty measures have provided a good base for poverty analysis, this paper also touches on the problems generated by the use of multiple methods. The release of the official poverty line by the Dept. of Census & Statistics can be seen as a major step forward in the debate on poverty measurement in Sri Lanka. Charts & tables.

Download or read book Writing Within Without About Sri Lanka written by Paolo Brusasco and published by Columbia University Press. This book was released on 2010-12-01 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paola Brusasco's study offers an original insight into Sri Lankan literature in English and an exploration of cultural, social, and linguistic issues at the basis of the country's ethnic conflict. By focussing on two distinctive and representative writers, both Burghers, yet with different personal histories, Brusasco confronts issues of cartography, history, and language, all contributing to a specific definition of identity. Both Ondaatje and Muller are outsiders, the former because of his diasporic existence, the latter because of his excentricity within the reality of a divided country where the legacy of British colonialism and the process of redefinition following independence in 1948, as well as matters of geography and history, become crucial to writers.