Sri Lanka : Poverty Assessment

This Poverty Assessment report reviews the evolution, and nature of poverty in Sri Lanka, by examining why its significant, recent economic downturn contrasts sharply with its considerable, economic advances during the 1960s; why poverty fell rapid...

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GNP
WAR
Online Access:http://documents.worldbank.org/curated/en/2002/06/1969788/sri-lanka-poverty-assessment
http://hdl.handle.net/10986/15387
id okr-10986-15387
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic POVERTY MITIGATION
POVERTY ASSESSMENTS
ECONOMIC CONSTRAINTS
POVERTY INCIDENCE
SOCIAL PROGRAMS
ECONOMIC POLICY & PLANNING
SOCIAL POLICY
REGULATORY FRAMEWORK
MARKET FORCES
ECONOMIC LIBERALIZATION
STATE-OWNED BANKS
STATE-OWNED ENTERPRISES
MARKET ECONOMY
POVERTY REDUCTION STRATEGIES
FISCAL POLICY
DEREGULATION
PRIVATIZATION
AGRICULTURAL POLICIES
LABOR MARKET NEXUS
PUBLIC SERVICES
TARGETED ASSISTANCE
QUALITY OF EDUCATION
SOCIAL SAFETY NETS
PUBLIC ADMINISTRATION ABSOLUTE POVERTY
ANALYTICAL WORK
ANNUAL REPORT
AVERAGE CONSUMPTION
BUDGET PROCESS
BUSINESS ENVIRONMENT
CHILD LABOR
CHRONICALLY POOR
CIVIL CONFLICT
CIVIL SOCIETY
CLIMATE
COMMODITIES
CONSULTATION PROCESS
CONSUMPTION INEQUALITY
CREDIT SCHEME
CROWDING
CROWDING OUT
DATA SOURCES
DEREGULATION
DEVELOPING COUNTRIES
DEVELOPMENT GOALS
DEVELOPMENT PARTNERS
DISCRIMINATION
DONOR COMMUNITY
DRINKING WATER
ECONOMIC GROWTH
ECONOMIC INCENTIVES
ECONOMIC MANAGEMENT
ECONOMISTS
ENERGY CONSUMPTION
ESCAPE POVERTY
ETHNIC DIVERSITY
ETHNIC GROUPS
ETHNIC MINORITIES
EXPENDITURE SURVEY
FAMILIES
FARMS
FINANCIAL MARKETS
FINANCIAL SECTOR
FOOD STAMPS
FOOD SUBSIDIES
GNP
GROSS NATIONAL PRODUCT
HEALTH CARE
HEALTH INDICATORS
HEALTH OUTCOMES
HEALTH SERVICES
HEALTH SURVEY
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HUMAN CAPITAL
IMPORTS
INCOME LEVELS
INCOME SUPPORT
INFLATION
INFORMAL SAFETY
INFORMAL SAFETY NETS
INSURANCE
INSURANCE COMPANIES
INTEREST RATES
INTERNATIONAL ORGANIZATIONS
ISOLATION
LABOR FORCE
LABOR MARKET
LAWS
LIVING STANDARDS
LONG- TERM DEVELOPMENT
MARKET ECONOMY
MARKETING
MEANS TESTING
MEASURING INCOME
NATIONAL POVERTY
NATIONAL POVERTY LINE
NATIONAL POVERTY LINES
NATURAL RESOURCES
NONGOVERNMENTAL ORGANIZATIONS
NUTRITION
NUTRITIONAL STATUS
PARENTS
PER CAPITA CONSUMPTION
POLICY ENVIRONMENT
POLICY FRAMEWORK
POLICY STATEMENT
POOR COMMUNITIES
POOR HOUSEHOLDS
POVERTY ASSESSMENT
POVERTY LINES
POVERTY PROGRAMS
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POVERTY STRATEGY
POVERTY TRENDS
PRESENT VALUE
PRIMARY EDUCATION
PRIVATE SECTOR
PRIVATE TRANSFERS
PRODUCTIVE ASSETS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC BUDGET
PUBLIC EXPENDITURES
PUBLIC INSTITUTIONS
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVICES
PUBLIC TRANSFERS
PURCHASING POWER
PURCHASING POWER PARITY
QUALITY OF LIFE
REAL WAGES
REDUCING POVERTY
REFUGEES
REGIONAL DISPARITIES
REGULATORY FRAMEWORK
RESEARCH COMMUNITY
RURAL AREAS
RURAL ECONOMY
RURAL POOR
SAFETY NET
SAFETY NET PROGRAMS
SAFETY NETS
SCHOOLS
SECTOR EMPLOYMENT
SERVICE DELIVERY
SOCIAL EXPENDITURES
SOCIAL INDICATORS
SOCIAL INFRASTRUCTURE
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SERVICES
STATE-OWNED ENTERPRISES
STRUCTURAL REFORM
TACKLING POVERTY
TARGETING
TRANSFER PROGRAMS
UNEMPLOYMENT
URBAN AREAS
URBAN POPULATION
VIOLENCE
VULNERABLE PEOPLE
WAGE DIFFERENTIALS
WAR
WELFARE INDICATORS
WIDOWS
WORKERS
spellingShingle POVERTY MITIGATION
POVERTY ASSESSMENTS
ECONOMIC CONSTRAINTS
POVERTY INCIDENCE
SOCIAL PROGRAMS
ECONOMIC POLICY & PLANNING
SOCIAL POLICY
REGULATORY FRAMEWORK
MARKET FORCES
ECONOMIC LIBERALIZATION
STATE-OWNED BANKS
STATE-OWNED ENTERPRISES
MARKET ECONOMY
POVERTY REDUCTION STRATEGIES
FISCAL POLICY
DEREGULATION
PRIVATIZATION
AGRICULTURAL POLICIES
LABOR MARKET NEXUS
PUBLIC SERVICES
TARGETED ASSISTANCE
QUALITY OF EDUCATION
SOCIAL SAFETY NETS
PUBLIC ADMINISTRATION ABSOLUTE POVERTY
ANALYTICAL WORK
ANNUAL REPORT
AVERAGE CONSUMPTION
BUDGET PROCESS
BUSINESS ENVIRONMENT
CHILD LABOR
CHRONICALLY POOR
CIVIL CONFLICT
CIVIL SOCIETY
CLIMATE
COMMODITIES
CONSULTATION PROCESS
CONSUMPTION INEQUALITY
CREDIT SCHEME
CROWDING
CROWDING OUT
DATA SOURCES
DEREGULATION
DEVELOPING COUNTRIES
DEVELOPMENT GOALS
DEVELOPMENT PARTNERS
DISCRIMINATION
DONOR COMMUNITY
DRINKING WATER
ECONOMIC GROWTH
ECONOMIC INCENTIVES
ECONOMIC MANAGEMENT
ECONOMISTS
ENERGY CONSUMPTION
ESCAPE POVERTY
ETHNIC DIVERSITY
ETHNIC GROUPS
ETHNIC MINORITIES
EXPENDITURE SURVEY
FAMILIES
FARMS
FINANCIAL MARKETS
FINANCIAL SECTOR
FOOD STAMPS
FOOD SUBSIDIES
GNP
GROSS NATIONAL PRODUCT
HEALTH CARE
HEALTH INDICATORS
HEALTH OUTCOMES
HEALTH SERVICES
HEALTH SURVEY
HOUSEHOLD HEAD
HOUSEHOLD INCOME
HUMAN CAPITAL
IMPORTS
INCOME LEVELS
INCOME SUPPORT
INFLATION
INFORMAL SAFETY
INFORMAL SAFETY NETS
INSURANCE
INSURANCE COMPANIES
INTEREST RATES
INTERNATIONAL ORGANIZATIONS
ISOLATION
LABOR FORCE
LABOR MARKET
LAWS
LIVING STANDARDS
LONG- TERM DEVELOPMENT
MARKET ECONOMY
MARKETING
MEANS TESTING
MEASURING INCOME
NATIONAL POVERTY
NATIONAL POVERTY LINE
NATIONAL POVERTY LINES
NATURAL RESOURCES
NONGOVERNMENTAL ORGANIZATIONS
NUTRITION
NUTRITIONAL STATUS
PARENTS
PER CAPITA CONSUMPTION
POLICY ENVIRONMENT
POLICY FRAMEWORK
POLICY STATEMENT
POOR COMMUNITIES
POOR HOUSEHOLDS
POVERTY ASSESSMENT
POVERTY LINES
POVERTY PROGRAMS
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POVERTY STRATEGY
POVERTY TRENDS
PRESENT VALUE
PRIMARY EDUCATION
PRIVATE SECTOR
PRIVATE TRANSFERS
PRODUCTIVE ASSETS
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC BUDGET
PUBLIC EXPENDITURES
PUBLIC INSTITUTIONS
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SERVICES
PUBLIC TRANSFERS
PURCHASING POWER
PURCHASING POWER PARITY
QUALITY OF LIFE
REAL WAGES
REDUCING POVERTY
REFUGEES
REGIONAL DISPARITIES
REGULATORY FRAMEWORK
RESEARCH COMMUNITY
RURAL AREAS
RURAL ECONOMY
RURAL POOR
SAFETY NET
SAFETY NET PROGRAMS
SAFETY NETS
SCHOOLS
SECTOR EMPLOYMENT
SERVICE DELIVERY
SOCIAL EXPENDITURES
SOCIAL INDICATORS
SOCIAL INFRASTRUCTURE
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SERVICES
STATE-OWNED ENTERPRISES
STRUCTURAL REFORM
TACKLING POVERTY
TARGETING
TRANSFER PROGRAMS
UNEMPLOYMENT
URBAN AREAS
URBAN POPULATION
VIOLENCE
VULNERABLE PEOPLE
WAGE DIFFERENTIALS
WAR
WELFARE INDICATORS
WIDOWS
WORKERS
World Bank
Sri Lanka : Poverty Assessment
geographic_facet South Asia
Sri Lanka
description This Poverty Assessment report reviews the evolution, and nature of poverty in Sri Lanka, by examining why its significant, recent economic downturn contrasts sharply with its considerable, economic advances during the 1960s; why poverty fell rapidly, and to a relatively, low level in some areas, though it remained high in other parts of the country; and, whether the large resources given to re-distributive programs, really helped reduce poverty. In response, Sri Lanka's hesitant attitude towards progressive economic, and social policies is seemingly the answer, for these policies would have removed the regulations that hinder effective markets, and the private sector, and, would have provided needed infrastructure, and social services, accommodating diversity within its social policies, through resources, and opportunities for the poorest. Notwithstanding gradual, economic liberalization, the economy is still more protected than in countries which started liberalization much later. The regulatory environment - particularly restrictions on labor, and land markets - and weak competitive financial markets, make the investment climate less friendly than that of competitors in the East. Regarding the role of the state in the economy, still large shares in the banking system, insurance industry, power, and water utilities, among others, are government owned. In terms of social policies, the country has a long tradition of protecting acquired rights, and encouraging patronage, rather than stimulating market-based creation of opportunities. The report stipulates the need for creating a policy environment that facilitates poverty reduction, through a strong fiscal policy, deregulation and privatization, agricultural growth policies, and labor market flexibility, based on public services that reach the poor, i.e., improved quality of education, effective social safety nets, and transparent public administration.
author World Bank
author_facet World Bank
author_sort World Bank
title Sri Lanka : Poverty Assessment
title_short Sri Lanka : Poverty Assessment
title_full Sri Lanka : Poverty Assessment
title_fullStr Sri Lanka : Poverty Assessment
title_full_unstemmed Sri Lanka : Poverty Assessment
title_sort sri lanka : poverty assessment
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2002/06/1969788/sri-lanka-poverty-assessment
http://hdl.handle.net/10986/15387
_version_ 1764427120074817536
spelling okr-10986-153872021-04-23T14:03:14Z Sri Lanka : Poverty Assessment World Bank POVERTY MITIGATION POVERTY ASSESSMENTS ECONOMIC CONSTRAINTS POVERTY INCIDENCE SOCIAL PROGRAMS ECONOMIC POLICY & PLANNING SOCIAL POLICY REGULATORY FRAMEWORK MARKET FORCES ECONOMIC LIBERALIZATION STATE-OWNED BANKS STATE-OWNED ENTERPRISES MARKET ECONOMY POVERTY REDUCTION STRATEGIES FISCAL POLICY DEREGULATION PRIVATIZATION AGRICULTURAL POLICIES LABOR MARKET NEXUS PUBLIC SERVICES TARGETED ASSISTANCE QUALITY OF EDUCATION SOCIAL SAFETY NETS PUBLIC ADMINISTRATION ABSOLUTE POVERTY ANALYTICAL WORK ANNUAL REPORT AVERAGE CONSUMPTION BUDGET PROCESS BUSINESS ENVIRONMENT CHILD LABOR CHRONICALLY POOR CIVIL CONFLICT CIVIL SOCIETY CLIMATE COMMODITIES CONSULTATION PROCESS CONSUMPTION INEQUALITY CREDIT SCHEME CROWDING CROWDING OUT DATA SOURCES DEREGULATION DEVELOPING COUNTRIES DEVELOPMENT GOALS DEVELOPMENT PARTNERS DISCRIMINATION DONOR COMMUNITY DRINKING WATER ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC MANAGEMENT ECONOMISTS ENERGY CONSUMPTION ESCAPE POVERTY ETHNIC DIVERSITY ETHNIC GROUPS ETHNIC MINORITIES EXPENDITURE SURVEY FAMILIES FARMS FINANCIAL MARKETS FINANCIAL SECTOR FOOD STAMPS FOOD SUBSIDIES GNP GROSS NATIONAL PRODUCT HEALTH CARE HEALTH INDICATORS HEALTH OUTCOMES HEALTH SERVICES HEALTH SURVEY HOUSEHOLD HEAD HOUSEHOLD INCOME HUMAN CAPITAL IMPORTS INCOME LEVELS INCOME SUPPORT INFLATION INFORMAL SAFETY INFORMAL SAFETY NETS INSURANCE INSURANCE COMPANIES INTEREST RATES INTERNATIONAL ORGANIZATIONS ISOLATION LABOR FORCE LABOR MARKET LAWS LIVING STANDARDS LONG- TERM DEVELOPMENT MARKET ECONOMY MARKETING MEANS TESTING MEASURING INCOME NATIONAL POVERTY NATIONAL POVERTY LINE NATIONAL POVERTY LINES NATURAL RESOURCES NONGOVERNMENTAL ORGANIZATIONS NUTRITION NUTRITIONAL STATUS PARENTS PER CAPITA CONSUMPTION POLICY ENVIRONMENT POLICY FRAMEWORK POLICY STATEMENT POOR COMMUNITIES POOR HOUSEHOLDS POVERTY ASSESSMENT POVERTY LINES POVERTY PROGRAMS POVERTY REDUCTION POVERTY REDUCTION STRATEGY POVERTY STRATEGY POVERTY TRENDS PRESENT VALUE PRIMARY EDUCATION PRIVATE SECTOR PRIVATE TRANSFERS PRODUCTIVE ASSETS PRODUCTIVITY PROPERTY RIGHTS PUBLIC BUDGET PUBLIC EXPENDITURES PUBLIC INSTITUTIONS PUBLIC POLICIES PUBLIC POLICY PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SERVICES PUBLIC TRANSFERS PURCHASING POWER PURCHASING POWER PARITY QUALITY OF LIFE REAL WAGES REDUCING POVERTY REFUGEES REGIONAL DISPARITIES REGULATORY FRAMEWORK RESEARCH COMMUNITY RURAL AREAS RURAL ECONOMY RURAL POOR SAFETY NET SAFETY NET PROGRAMS SAFETY NETS SCHOOLS SECTOR EMPLOYMENT SERVICE DELIVERY SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL INFRASTRUCTURE SOCIAL POLICIES SOCIAL PROTECTION SOCIAL SERVICES STATE-OWNED ENTERPRISES STRUCTURAL REFORM TACKLING POVERTY TARGETING TRANSFER PROGRAMS UNEMPLOYMENT URBAN AREAS URBAN POPULATION VIOLENCE VULNERABLE PEOPLE WAGE DIFFERENTIALS WAR WELFARE INDICATORS WIDOWS WORKERS This Poverty Assessment report reviews the evolution, and nature of poverty in Sri Lanka, by examining why its significant, recent economic downturn contrasts sharply with its considerable, economic advances during the 1960s; why poverty fell rapidly, and to a relatively, low level in some areas, though it remained high in other parts of the country; and, whether the large resources given to re-distributive programs, really helped reduce poverty. In response, Sri Lanka's hesitant attitude towards progressive economic, and social policies is seemingly the answer, for these policies would have removed the regulations that hinder effective markets, and the private sector, and, would have provided needed infrastructure, and social services, accommodating diversity within its social policies, through resources, and opportunities for the poorest. Notwithstanding gradual, economic liberalization, the economy is still more protected than in countries which started liberalization much later. The regulatory environment - particularly restrictions on labor, and land markets - and weak competitive financial markets, make the investment climate less friendly than that of competitors in the East. Regarding the role of the state in the economy, still large shares in the banking system, insurance industry, power, and water utilities, among others, are government owned. In terms of social policies, the country has a long tradition of protecting acquired rights, and encouraging patronage, rather than stimulating market-based creation of opportunities. The report stipulates the need for creating a policy environment that facilitates poverty reduction, through a strong fiscal policy, deregulation and privatization, agricultural growth policies, and labor market flexibility, based on public services that reach the poor, i.e., improved quality of education, effective social safety nets, and transparent public administration. 2013-08-27T20:11:25Z 2013-08-27T20:11:25Z 2002-06-26 http://documents.worldbank.org/curated/en/2002/06/1969788/sri-lanka-poverty-assessment http://hdl.handle.net/10986/15387 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC South Asia Sri Lanka