Publication:
Sri Lanka Ending Poverty and Promoting Shared Prosperity: A Systematic Country Diagnostic

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2016-03-15T18:14:30Z
dc.date.available2016-03-15T18:14:30Z
dc.date.issued2016-02-01
dc.description.abstractSri Lanka is in many respects a development success story. With economic growth averaging more than 7 percent a year over the past five years on top of an average growth of 6 percent the preceding five years, Sri Lanka has made notable strides towards the goals of ending extreme poverty and promoting shared prosperity (the ‘twin goals’). The national poverty headcount rate declined from 22.7 to 6.7 percent between 2002 and 2012/13, while consumption per capita of the bottom 40 percent grew at 3.3 percent a year, compared to 2.8 percent for the total population. Other human development indicators are also impressive by regional and lower middle-income country standards. Sri Lanka has also succeeded in ending decades of internal conflict in 2009 and steps have been taken towards reconciliation. 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/02/25895855/sri-lanka-ending-poverty-promoting-shared-prosperity
dc.identifier.doi10.1596/23957
dc.identifier.urihttps://hdl.handle.net/10986/23957
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTARIFFS
dc.subjectSOCIAL COSTS
dc.subjectCAPITAL MARKETS
dc.subjectCONSUMPTION EXPENDITURES
dc.subjectFISH
dc.subjectUNEMPLOYMENT RATES
dc.subjectDURABLE GOODS
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectECONOMIC GROWTH
dc.subjectENVIRONMENTAL DAMAGES
dc.subjectPOLICY ENVIRONMENT
dc.subjectAIR QUALITY
dc.subjectWASTE MANAGEMENT
dc.subjectCARBON
dc.subjectEXPECTATIONS
dc.subjectPRODUCERS
dc.subjectRESOURCE MANAGEMENT
dc.subjectPROPERTY RIGHTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectFINANCIAL RESOURCES
dc.subjectTIMBER
dc.subjectLABOR FORCE
dc.subjectEMISSIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectREVENUES
dc.subjectENVIRONMENTAL ISSUES
dc.subjectINCENTIVES
dc.subjectEQUILIBRIUM
dc.subjectMODELS
dc.subjectPRIVATE PROPERTY
dc.subjectREAL WAGES
dc.subjectAGRICULTURAL OUTPUT
dc.subjectEMPIRICAL ANALYSIS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC SUSTAINABILITY
dc.subjectEXPLOITATION
dc.subjectARABLE LAND
dc.subjectLABOR COSTS
dc.subjectCROWDING OUT
dc.subjectOIL
dc.subjectTRADEOFFS
dc.subjectCROP MIX
dc.subjectNATURAL CAPITAL
dc.subjectCAPITAL FORMATION
dc.subjectLABOR PRODUCTIVITY
dc.subjectOPTIONS
dc.subjectDEBT
dc.subjectLAND DEGRADATION
dc.subjectPOLLUTION
dc.subjectFORESTRY
dc.subjectTECHNOLOGY TRANSFERS
dc.subjectECONOMIC POLICIES
dc.subjectDIVIDENDS
dc.subjectNATURAL RESOURCES
dc.subjectMETALS
dc.subjectSUBSIDIES
dc.subjectEFFICIENCY
dc.subjectFISHING
dc.subjectTAXES
dc.subjectTAX REFORMS
dc.subjectACCESS TO INFORMATION
dc.subjectLAND USE
dc.subjectRESOURCES
dc.subjectNATURAL MONOPOLIES
dc.subjectUNEMPLOYMENT
dc.subjectENERGY CONSUMPTION
dc.subjectDEMOGRAPHIC TRANSITION
dc.subjectEQUITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectCONSUMPTION
dc.subjectSOCIAL PARTICIPATION
dc.subjectECONOMIC IMPACT
dc.subjectRURAL COMMUNITIES
dc.subjectWAGES
dc.subjectCLIMATE CHANGE
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectPOLICY MAKERS
dc.subjectCREDIT
dc.subjectQUALITY STANDARDS
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectPURCHASING POWER
dc.subjectDEFORESTATION
dc.subjectDEMAND
dc.subjectPATENTS
dc.subjectMINES
dc.subjectSOLID WASTES
dc.subjectSUSTAINABLE GROWTH
dc.subjectAGGREGATE DEMAND
dc.subjectMARGINAL COSTS
dc.subjectPUBLIC EXPENDITURES
dc.subjectELECTRICITY GENERATION
dc.subjectALTERNATIVE TAX REFORMS
dc.subjectEXPENDITURES
dc.subjectPROPERTY
dc.subjectTAX RATES
dc.subjectOPPORTUNITY COSTS
dc.subjectTRANSACTION COSTS
dc.subjectENVIRONMENT
dc.subjectSOIL DEGRADATION
dc.subjectSTREAMS
dc.subjectECONOMICS
dc.subjectTAX REVENUE
dc.subjectCAPITAL GOODS
dc.subjectENERGY EFFICIENCY
dc.subjectFISHERIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectTRADE
dc.subjectLAND
dc.subjectECONOMIES OF SCALE
dc.subjectTRANSFER PAYMENTS
dc.subjectCOMPARATIVE ANALYSIS
dc.subjectINCENTIVE SYSTEMS
dc.subjectDRINKING WATER
dc.subjectTRADE TAXES
dc.subjectCONSUMPTION PATTERNS
dc.subjectCOMMERCIAL BANKS
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectCOAL
dc.subjectFARMS
dc.subjectWATER POLLUTION
dc.subjectREVENUE
dc.subjectPRIVATE CONSUMPTION
dc.subjectHIGH UNEMPLOYMENT
dc.subjectRISK MANAGEMENT
dc.subjectTAX REFORM
dc.subjectPROFITS
dc.subjectENVIRONMENTAL
dc.subjectCOST SAVINGS
dc.subjectLABOR MARKETS
dc.subjectDEMOGRAPHICS
dc.subjectPRICES
dc.subjectCONSUMER PROTECTION
dc.subjectPRODUCTION COSTS
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIES
dc.subjectPRODUCTION PROCESSES
dc.subjectPUBLIC GOODS
dc.subjectCOMPETITION
dc.titleSri Lanka Ending Poverty and Promoting Shared Prosperityen
dc.title.subtitleA Systematic Country Diagnosticen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleSri Lanka Ending Poverty and Promoting Shared Prosperity
okr.date.disclosure2016-02-11
okr.doctypeCountry Focus
okr.doctypeCountry Focus::Systematic Country Diagnostic
okr.docurlhttp://documents.worldbank.org/curated/en/2016/02/25895855/sri-lanka-ending-poverty-promoting-shared-prosperity
okr.guid363391467995349383
okr.identifier.doi10.1596/23957
okr.identifier.externaldocumentum090224b084171fec_1_0
okr.identifier.internaldocumentum25895855
okr.identifier.report103246
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/02/11/090224b084171fec/1_0/Rendered/PDF/Sri0Lanka000En0ng0shared0prosperity.pdfen
okr.region.administrativeSouth Asia
okr.region.countrySri Lanka
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Development::Public Sector Expenditure Policy
okr.topicEnvironment::Environmental Economics & Policies
okr.topicSocial Development::Social Inclusion & Institutions
okr.unitGOV PSP - SAR (GGO18)
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