Sri Lanka : Ending Poverty and Promoting Shared Prosperity

Between 2002 and 2012-13, most of the reduction in poverty was due to increased earnings, as opposed to higher employment or higher transfers. Although it is hard to be certain, increases in earnings are associated with: (i) a slow structural trans...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
OIL
Online Access:http://documents.worldbank.org/curated/en/2015/10/25156400/sri-lanka-ending-poverty-promoting-shared-prosperity-systematic-country-diagnostic
http://hdl.handle.net/10986/23115
id okr-10986-23115
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 TARIFFS
SOCIAL COSTS
CAPITAL MARKETS
CONSUMPTION EXPENDITURES
ENVIRONMENTAL QUALITY
FISH
UNEMPLOYMENT RATES
DURABLE GOODS
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
TECHNOLOGICAL PROGRESS
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
POLICY ENVIRONMENT
ENVIRONMENTAL DEGRADATION
AIR QUALITY
WASTE MANAGEMENT
CARBON
EXPECTATIONS
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
EMISSIONS
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
MODELS
PRIVATE PROPERTY
REAL WAGES
AGRICULTURAL OUTPUT
EMPIRICAL ANALYSIS
ECONOMIC ACTIVITY
ECONOMIC SUSTAINABILITY
EXPLOITATION
ARABLE LAND
LABOR COSTS
CROWDING OUT
OIL
TRADEOFFS
CROP MIX
COMMERCIAL_BANKS
NATURAL CAPITAL
LABOR PRODUCTIVITY
OPTIONS
SPATIAL PATTERNS
DEBT
LAND DEGRADATION
POLLUTION
FORESTRY
TECHNOLOGY TRANSFERS
ECONOMIC POLICIES
DIVIDENDS
NATURAL RESOURCES
SUBSIDIES
EFFICIENCY
FISHING
TAXES
TAX REFORMS
LAND USE
EFFECTIVE USE
RESOURCES
NATURAL MONOPOLIES
UNEMPLOYMENT
DEMOGRAPHIC TRANSITION
EQUITY
POTENTIAL INVESTORS
PRODUCTIVITY GROWTH
CONSUMPTION
SOCIAL PARTICIPATION
ECONOMIC IMPACT
RURAL COMMUNITIES
WAGES
CLIMATE CHANGE
ENVIRONMENTAL MANAGEMENT
POLICY MAKERS
CREDIT
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DEFORESTATION
DEMAND
PATENTS
SOLID WASTES
SUSTAINABLE GROWTH
AGGREGATE DEMAND
MARGINAL COSTS
PUBLIC EXPENDITURES
ELECTRICITY GENERATION
ALTERNATIVE TAX REFORMS
ENVIRONMENTS
EXPENDITURES
PUBLIC GOVERNANCE
PROPERTY
TAX RATES
OPPORTUNITY COSTS
TRANSACTION COSTS
ENVIRONMENT
SOIL DEGRADATION
STREAMS
ECONOMICS
TAX REVENUE
ENERGY EFFICIENCY
CAPITAL GOODS
FISHERIES
ECONOMIC DEVELOPMENT
TRADE
LAND
ECONOMIES OF SCALE
TRANSFER PAYMENTS
COMPARATIVE ANALYSIS
INCENTIVE SYSTEMS
DRINKING WATER
TRADE TAXES
CONSUMPTION PATTERNS
COMMERCIAL BANKS
COAL
FARMS
REVENUE
PRIVATE CONSUMPTION
COAL ENERGY
HIGH UNEMPLOYMENT
RISK MANAGEMENT
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
ENVIRONMENTAL
COST SAVINGS
LABOR MARKETS
DEMOGRAPHICS
PRICES
CONSUMER PROTECTION
PRODUCTION COSTS
ECONOMIC CONDITIONS
ECONOMIES
PRODUCTION PROCESSES
PUBLIC GOODS
COMPETITION
spellingShingle TARIFFS
SOCIAL COSTS
CAPITAL MARKETS
CONSUMPTION EXPENDITURES
ENVIRONMENTAL QUALITY
FISH
UNEMPLOYMENT RATES
DURABLE GOODS
GOVERNMENT EXPENDITURES
ECONOMIC GROWTH
TECHNOLOGICAL PROGRESS
ENVIRONMENTAL DAMAGES
ENVIRONMENTAL PROTECTION
POLICY ENVIRONMENT
ENVIRONMENTAL DEGRADATION
AIR QUALITY
WASTE MANAGEMENT
CARBON
EXPECTATIONS
PRODUCERS
RESOURCE MANAGEMENT
PROPERTY RIGHTS
BALANCE OF PAYMENTS
FINANCIAL RESOURCES
TIMBER
LABOR FORCE
EMISSIONS
POLITICAL ECONOMY
REVENUES
ENVIRONMENTAL ISSUES
INCENTIVES
EQUILIBRIUM
MODELS
PRIVATE PROPERTY
REAL WAGES
AGRICULTURAL OUTPUT
EMPIRICAL ANALYSIS
ECONOMIC ACTIVITY
ECONOMIC SUSTAINABILITY
EXPLOITATION
ARABLE LAND
LABOR COSTS
CROWDING OUT
OIL
TRADEOFFS
CROP MIX
COMMERCIAL_BANKS
NATURAL CAPITAL
LABOR PRODUCTIVITY
OPTIONS
SPATIAL PATTERNS
DEBT
LAND DEGRADATION
POLLUTION
FORESTRY
TECHNOLOGY TRANSFERS
ECONOMIC POLICIES
DIVIDENDS
NATURAL RESOURCES
SUBSIDIES
EFFICIENCY
FISHING
TAXES
TAX REFORMS
LAND USE
EFFECTIVE USE
RESOURCES
NATURAL MONOPOLIES
UNEMPLOYMENT
DEMOGRAPHIC TRANSITION
EQUITY
POTENTIAL INVESTORS
PRODUCTIVITY GROWTH
CONSUMPTION
SOCIAL PARTICIPATION
ECONOMIC IMPACT
RURAL COMMUNITIES
WAGES
CLIMATE CHANGE
ENVIRONMENTAL MANAGEMENT
POLICY MAKERS
CREDIT
ENVIRONMENTAL IMPACTS
PURCHASING POWER
DEFORESTATION
DEMAND
PATENTS
SOLID WASTES
SUSTAINABLE GROWTH
AGGREGATE DEMAND
MARGINAL COSTS
PUBLIC EXPENDITURES
ELECTRICITY GENERATION
ALTERNATIVE TAX REFORMS
ENVIRONMENTS
EXPENDITURES
PUBLIC GOVERNANCE
PROPERTY
TAX RATES
OPPORTUNITY COSTS
TRANSACTION COSTS
ENVIRONMENT
SOIL DEGRADATION
STREAMS
ECONOMICS
TAX REVENUE
ENERGY EFFICIENCY
CAPITAL GOODS
FISHERIES
ECONOMIC DEVELOPMENT
TRADE
LAND
ECONOMIES OF SCALE
TRANSFER PAYMENTS
COMPARATIVE ANALYSIS
INCENTIVE SYSTEMS
DRINKING WATER
TRADE TAXES
CONSUMPTION PATTERNS
COMMERCIAL BANKS
COAL
FARMS
REVENUE
PRIVATE CONSUMPTION
COAL ENERGY
HIGH UNEMPLOYMENT
RISK MANAGEMENT
TAX REFORM
INTERMEDIATE INPUTS
PROFITS
ENVIRONMENTAL
COST SAVINGS
LABOR MARKETS
DEMOGRAPHICS
PRICES
CONSUMER PROTECTION
PRODUCTION COSTS
ECONOMIC CONDITIONS
ECONOMIES
PRODUCTION PROCESSES
PUBLIC GOODS
COMPETITION
World Bank Group
Sri Lanka : Ending Poverty and Promoting Shared Prosperity
geographic_facet South Asia
Sri Lanka
relation Systematic Country Diagnostic;
description Between 2002 and 2012-13, most of the reduction in poverty was due to increased earnings, as opposed to higher employment or higher transfers. Although it is hard to be certain, increases in earnings are associated with: (i) a slow structural transformation away from agriculture and into industry and services that led to productivity increases; (ii) agglomeration around key urban areas that supported this structural transformation; (iii) domestic-driven growth, including public-sector investment that led to increases in labor demand, particularly in industry and services; and (iv) a commodity boom that led to higher labor earnings for agricultural workers in the context of lower agricultural employment. Sri Lanka’s has had impressive development gains but there are strong indications that drivers of past progress are not sustainable. Solid economic growth, strong poverty reduction, overcoming internal conflict, effecting a remarkable democratic transition in recent months, and overall strong human development outcomes are a track record that would make any country proud. However, the country’s inward looking growth model based on non-tradable sectors and domestic demand amplified by public investment cannot be expected to lead to sustained inclusive growth going forward. A systematic diagnostic points to fiscal, competitiveness, and inclusion challenges as well as cross-cutting governance and sustainability challenges as priority areas of focus for sustaining progress in ending poverty and promoting shared prosperity.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Sri Lanka : Ending Poverty and Promoting Shared Prosperity
title_short Sri Lanka : Ending Poverty and Promoting Shared Prosperity
title_full Sri Lanka : Ending Poverty and Promoting Shared Prosperity
title_fullStr Sri Lanka : Ending Poverty and Promoting Shared Prosperity
title_full_unstemmed Sri Lanka : Ending Poverty and Promoting Shared Prosperity
title_sort sri lanka : ending poverty and promoting shared prosperity
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/10/25156400/sri-lanka-ending-poverty-promoting-shared-prosperity-systematic-country-diagnostic
http://hdl.handle.net/10986/23115
_version_ 1764452946220679168
spelling okr-10986-231152021-04-23T14:04:13Z Sri Lanka : Ending Poverty and Promoting Shared Prosperity World Bank Group TARIFFS SOCIAL COSTS CAPITAL MARKETS CONSUMPTION EXPENDITURES ENVIRONMENTAL QUALITY FISH UNEMPLOYMENT RATES DURABLE GOODS GOVERNMENT EXPENDITURES ECONOMIC GROWTH TECHNOLOGICAL PROGRESS ENVIRONMENTAL DAMAGES ENVIRONMENTAL PROTECTION POLICY ENVIRONMENT ENVIRONMENTAL DEGRADATION AIR QUALITY WASTE MANAGEMENT CARBON EXPECTATIONS PRODUCERS RESOURCE MANAGEMENT PROPERTY RIGHTS BALANCE OF PAYMENTS FINANCIAL RESOURCES TIMBER LABOR FORCE EMISSIONS POLITICAL ECONOMY REVENUES ENVIRONMENTAL ISSUES INCENTIVES EQUILIBRIUM MODELS PRIVATE PROPERTY REAL WAGES AGRICULTURAL OUTPUT EMPIRICAL ANALYSIS ECONOMIC ACTIVITY ECONOMIC SUSTAINABILITY EXPLOITATION ARABLE LAND LABOR COSTS CROWDING OUT OIL TRADEOFFS CROP MIX COMMERCIAL_BANKS NATURAL CAPITAL LABOR PRODUCTIVITY OPTIONS SPATIAL PATTERNS DEBT LAND DEGRADATION POLLUTION FORESTRY TECHNOLOGY TRANSFERS ECONOMIC POLICIES DIVIDENDS NATURAL RESOURCES SUBSIDIES EFFICIENCY FISHING TAXES TAX REFORMS LAND USE EFFECTIVE USE RESOURCES NATURAL MONOPOLIES UNEMPLOYMENT DEMOGRAPHIC TRANSITION EQUITY POTENTIAL INVESTORS PRODUCTIVITY GROWTH CONSUMPTION SOCIAL PARTICIPATION ECONOMIC IMPACT RURAL COMMUNITIES WAGES CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT POLICY MAKERS CREDIT ENVIRONMENTAL IMPACTS PURCHASING POWER DEFORESTATION DEMAND PATENTS SOLID WASTES SUSTAINABLE GROWTH AGGREGATE DEMAND MARGINAL COSTS PUBLIC EXPENDITURES ELECTRICITY GENERATION ALTERNATIVE TAX REFORMS ENVIRONMENTS EXPENDITURES PUBLIC GOVERNANCE PROPERTY TAX RATES OPPORTUNITY COSTS TRANSACTION COSTS ENVIRONMENT SOIL DEGRADATION STREAMS ECONOMICS TAX REVENUE ENERGY EFFICIENCY CAPITAL GOODS FISHERIES ECONOMIC DEVELOPMENT TRADE LAND ECONOMIES OF SCALE TRANSFER PAYMENTS COMPARATIVE ANALYSIS INCENTIVE SYSTEMS DRINKING WATER TRADE TAXES CONSUMPTION PATTERNS COMMERCIAL BANKS COAL FARMS REVENUE PRIVATE CONSUMPTION COAL ENERGY HIGH UNEMPLOYMENT RISK MANAGEMENT TAX REFORM INTERMEDIATE INPUTS PROFITS ENVIRONMENTAL COST SAVINGS LABOR MARKETS DEMOGRAPHICS PRICES CONSUMER PROTECTION PRODUCTION COSTS ECONOMIC CONDITIONS ECONOMIES PRODUCTION PROCESSES PUBLIC GOODS COMPETITION Between 2002 and 2012-13, most of the reduction in poverty was due to increased earnings, as opposed to higher employment or higher transfers. Although it is hard to be certain, increases in earnings are associated with: (i) a slow structural transformation away from agriculture and into industry and services that led to productivity increases; (ii) agglomeration around key urban areas that supported this structural transformation; (iii) domestic-driven growth, including public-sector investment that led to increases in labor demand, particularly in industry and services; and (iv) a commodity boom that led to higher labor earnings for agricultural workers in the context of lower agricultural employment. Sri Lanka’s has had impressive development gains but there are strong indications that drivers of past progress are not sustainable. Solid economic growth, strong poverty reduction, overcoming internal conflict, effecting a remarkable democratic transition in recent months, and overall strong human development outcomes are a track record that would make any country proud. However, the country’s inward looking growth model based on non-tradable sectors and domestic demand amplified by public investment cannot be expected to lead to sustained inclusive growth going forward. A systematic diagnostic points to fiscal, competitiveness, and inclusion challenges as well as cross-cutting governance and sustainability challenges as priority areas of focus for sustaining progress in ending poverty and promoting shared prosperity. 2015-11-20T21:44:56Z 2015-11-20T21:44:56Z 2015-10 Report http://documents.worldbank.org/curated/en/2015/10/25156400/sri-lanka-ending-poverty-promoting-shared-prosperity-systematic-country-diagnostic http://hdl.handle.net/10986/23115 English en_US Systematic Country Diagnostic; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Country Focus :: Country Assistance Strategy Document South Asia Sri Lanka