Sri Lanka Poverty Assessment : Accelerating Economic Transformation

Sri Lanka has an impressive track record of reducing poverty and sharing prosperity more broadly. A dynamic decade that spurred post-war growth and continued with a process of economic transformation led to a productivity boost and labor reallocation from agriculture to industry and services. The CO...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/153941634242634615/Sri-Lanka-Poverty-Assessment-Accelerating-Economic-Transformation-Synthesis-Report
http://hdl.handle.net/10986/36455
id okr-10986-36455
recordtype oai_dc
spelling okr-10986-364552021-11-04T05:10:34Z Sri Lanka Poverty Assessment : Accelerating Economic Transformation World Bank POVERTY REDUCTION SHARED PROSPERITY AGRICULTURAL PRODUCTIVITY JOB CREATION INFORMAL SECTOR INCLUSION SPATIAL TRANSFORMATION CORONAVIRUS COVID-19 PANDEMIC IMPACT Sri Lanka has an impressive track record of reducing poverty and sharing prosperity more broadly. A dynamic decade that spurred post-war growth and continued with a process of economic transformation led to a productivity boost and labor reallocation from agriculture to industry and services. The COVID-19 pandemic is expected to have resulted in a significant reversal of welfare gains. Before COVID-19, poverty reduction was mainly driven by increased labor earnings from nonfarm sectors. New jobs were created in these sectors but there are concerns about their quality. Progress in improving agricultural earnings was slow; and the performance of social protection continued to be weak—these trends held back further progress in economic transformation and poverty reduction. 2021-11-03T13:22:29Z 2021-11-03T13:22:29Z 2021-10-13 Report http://documents.worldbank.org/curated/undefined/153941634242634615/Sri-Lanka-Poverty-Assessment-Accelerating-Economic-Transformation-Synthesis-Report http://hdl.handle.net/10986/36455 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Poverty Assessment South Asia Sri Lanka
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic POVERTY REDUCTION
SHARED PROSPERITY
AGRICULTURAL PRODUCTIVITY
JOB CREATION
INFORMAL SECTOR
INCLUSION
SPATIAL TRANSFORMATION
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
spellingShingle POVERTY REDUCTION
SHARED PROSPERITY
AGRICULTURAL PRODUCTIVITY
JOB CREATION
INFORMAL SECTOR
INCLUSION
SPATIAL TRANSFORMATION
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
World Bank
Sri Lanka Poverty Assessment : Accelerating Economic Transformation
geographic_facet South Asia
Sri Lanka
description Sri Lanka has an impressive track record of reducing poverty and sharing prosperity more broadly. A dynamic decade that spurred post-war growth and continued with a process of economic transformation led to a productivity boost and labor reallocation from agriculture to industry and services. The COVID-19 pandemic is expected to have resulted in a significant reversal of welfare gains. Before COVID-19, poverty reduction was mainly driven by increased labor earnings from nonfarm sectors. New jobs were created in these sectors but there are concerns about their quality. Progress in improving agricultural earnings was slow; and the performance of social protection continued to be weak—these trends held back further progress in economic transformation and poverty reduction.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Sri Lanka Poverty Assessment : Accelerating Economic Transformation
title_short Sri Lanka Poverty Assessment : Accelerating Economic Transformation
title_full Sri Lanka Poverty Assessment : Accelerating Economic Transformation
title_fullStr Sri Lanka Poverty Assessment : Accelerating Economic Transformation
title_full_unstemmed Sri Lanka Poverty Assessment : Accelerating Economic Transformation
title_sort sri lanka poverty assessment : accelerating economic transformation
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/153941634242634615/Sri-Lanka-Poverty-Assessment-Accelerating-Economic-Transformation-Synthesis-Report
http://hdl.handle.net/10986/36455
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