Sri lankan economy essay

Ethnic make-up[ change change source ] Sri Lanka has three main ethnic groups. They differ in their religions and origins, and there has often been difficulties between the groups.

Sri lankan economy essay

Explore the latest strategic trends, research and analysis Sri lankan economy essay new era has dawned in Sri Lanka. Peace has been consolidated after a bloody year civil conflict. Sri Lanka is strategically placed to benefit from a changing global marketplace.

Economy of Sri Lanka - Wikipedia Besides states are holding limited resources and limitless demands and wants. Different Country has different resources at different bound to carry through their demands and wants.

We have easy access to lucrative Middle Eastern markets and rising African markets, while the growth engine that is India lies just 20 miles away. First, we need to promote reconciliation, rehabilitation and reconstruction in the areas afflicted by the recent conflict.

This will create the right context for economic development. My vision is for the private sector to be the engine of growth, with exports and FDI playing vital roles. We are making a concerted effort to improve investment policies, the ease of doing business, trade policy and trade facilitation.

A new vision of urban development A tangible example of what we are working towards is the Western Province Megapolis Project.

This development will cover several cities in the area around Colombo, our capital, in the South West of the country. There will be a financial district, as well as zones dedicated to logistics, industry, IT and entertainment. Bythe project area is expected to have a population of 8.

I see industrialization and urbanization as key drivers of modernization.

Sri Lanka Overview of economy, Information about Overview of economy in Sri Lanka

We will create 45 new Industrial Parks around the country which will be developed and managed by the private sector. A modern economy is nothing without its people. Sri Lanka is upgrading education, training and skills to create the human resource base which supports a competitive and rapidly modernizing economy.

Sri Lanka is also well placed to play a constructive role in addressing the pressing international issues of the day, such as terrorism, climate change, migration and strengthening democratic values.

Macro theme: The economic downturn

This creates a groundswell of public opinion in favour of sustainable development. At the same time, Sri Lanka is ready to be a constructive partner in global climate negotiations.

Sri Lanka has also had direct experience with various aspects of international migration. Sri Lanka has also had exposure to the problems of asylum-seekers and economic migrants during the conflict. It is well placed to share lessons learnt in international fora.

The upcoming World Economic Forum in Davos in late January affords me the opportunity to showcase these landmark changes in Sri Lanka. Our message to all, is that in an international environment that is insecure and volatile, Sri Lanka has peace, has consolidated democracy and revived the economy.

It now stands ready for takeoff and to play its full role as a responsible member of the global community of nations. Share The views expressed in this article are those of the author alone and not the World Economic Forum.The Sri Lankan economy’s main foreign exchange earners used to be tea, rubber and coconut cultivation for export.

Apart from these commercial crops, paddy (rice) cultivation has been the mainstay of .

The future of Sri Lanka’s economy | World Economic Forum

Sri Lankan clothing industry is one of the leading market sectors before the monetary crisis hit Sri Lankan economy. Since world economy is been dealing with the problems again, Sri Lankan attire industry has a good chance to grow up once more.

Essay about taxes sri lankan economy.

Sri lankan economy essay

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In the first part of the report, which is the literature review, the author examines the previous literature regarding Sri Lankan economy, effects of war to the economy, present and future development plans in books, journals and news paper articles and in the web.

The Economy of Sri Lanka Essays; The Economy of Sri Lanka Essays. Words 6 Pages.

Economy And Tea Industry Of Sri Lanka Economics Essay

Show More. INTRODUCTION Sri Lanka is the home to many languages, cultures, ethnicities. It is an island country on the northern Indian Ocean off the southern coast in India’s subcontinent located in southern Asia.

Essay Sri Lankan Apparel Industry: Mas. In the first part of the report, which is the literature review, the author examines the previous literature regarding Sri Lankan economy, effects of war to the economy, present and future development plans in books, journals and news paper articles and in the web.

Essay about taxes sri lankan economy