Sri Lanka Economic Crisis - The Symptoms, Causes, and Possible Cure

Sri Lanka Economic Crisis - The Symptoms, Causes, and Possible Cure PDF Author: Nimal CN
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Sri Lanka is going through a major economic crisis. There is an ongoing shortage of fuel, food, electricity, and medicines. Prices have been going through the roof. There is a scarcity of things and the life of the common man has become extremely difficult. This paper looks at the main symptoms that have plagued the island nation. Further, it analyses the chief causes of these symptoms, including how the country has fallen into the Chinese debt-trap. The sources of these data are secondary, from material published in different journals, magazines, and online sources. Some of the important reasons found were over-reliance on tourism and foreign remittances from expatriates for the country's income and foreign exchange, in addition to over-dependence on fuel import and use of this fuel for its energy needs. The paper further considers the possible solutions, long- and short-term, for the nation to come out of this crisis, and how to implement them. These include export of value-added products, more foreign trade agreements, JVs with foreign companies, increased focus on MSMEs, and greater reliance on alternate energy sources.

Sri Lanka Economic Crisis - The Symptoms, Causes, and Possible Cure

Sri Lanka Economic Crisis - The Symptoms, Causes, and Possible Cure PDF Author: Nimal CN
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Sri Lanka is going through a major economic crisis. There is an ongoing shortage of fuel, food, electricity, and medicines. Prices have been going through the roof. There is a scarcity of things and the life of the common man has become extremely difficult. This paper looks at the main symptoms that have plagued the island nation. Further, it analyses the chief causes of these symptoms, including how the country has fallen into the Chinese debt-trap. The sources of these data are secondary, from material published in different journals, magazines, and online sources. Some of the important reasons found were over-reliance on tourism and foreign remittances from expatriates for the country's income and foreign exchange, in addition to over-dependence on fuel import and use of this fuel for its energy needs. The paper further considers the possible solutions, long- and short-term, for the nation to come out of this crisis, and how to implement them. These include export of value-added products, more foreign trade agreements, JVs with foreign companies, increased focus on MSMEs, and greater reliance on alternate energy sources.

Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Covid-19 and Governance

Covid-19 and Governance PDF Author: Jan Nederveen Pieterse
Publisher: Routledge
ISBN: 1000395294
Category : Political Science
Languages : en
Pages : 361

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Book Description
Covid-19 and Governance focuses on the relationship between governance institutions and approaches to Covid-19 and health outcomes. Bringing together analyses of Covid-19 developments in countries and regions across the world with a wide-angle lens on governance, this volume asks: what works, what hasn’t and isn’t, and why? Organized by region, the book is structured to follow the spread of Covid-19 in the course of 2020, through Asia, the Middle East, Europe, the Americas, and Africa. The analyses explore a number of key themes, including public health systems, government capability, and trust in government—as well as underlying variables of social cohesion and inequality. This volume combines governance, policies, and politics to bring wide international scope and analytical depth to the study of the Covid-19 pandemic. Together the authors represent a diverse and formidable database of experience and understanding. They include sociologists, anthropologists, scholars of development studies and public administration, as well as MD specialists in public health and epidemiology. Engaged and free of jargon, this book speaks to a wide global public—including scholars, students, and policymakers—on a topic that has profound and broad appeal.

Human Health and the Climate Crisis

Human Health and the Climate Crisis PDF Author: Gail Carlson
Publisher: Jones & Bartlett Learning
ISBN: 1284250660
Category : Medical
Languages : en
Pages : 337

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Book Description
Human Health and the Climate Crisis offers a detailed exploration of the human health aspects of climate change, examining both the direct and indirect human health impacts of climate change while uniquely exploring climate justice -- the equitable protection of all people from climate impacts and the participation of all people in climate-related decision-making regardless of race/ethnicity, class, national origin, indigenous status and gender. This comprehensive, yet accessible text balances appropriate technical content with sufficient contextual information about public health, epidemiology, and climate modeling for students to be able to comprehend the scientific literature on health impacts.

Debt Crisis and Popular Social Protest in Sri Lanka

Debt Crisis and Popular Social Protest in Sri Lanka PDF Author: S. Janaka Biyanwila
Publisher: Emerald Group Publishing
ISBN: 1837970246
Category : Social Science
Languages : en
Pages : 275

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Book Description
Fusing the regional with the global, this book widens its perspective from a distinct, national moment to an international interdependency with the power to ripple across every corner of the globe.

Economic Policy in Sri Lanka

Economic Policy in Sri Lanka PDF Author: Saman Kelegama
Publisher: SAGE
ISBN: 9780761932789
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
The essays in this volume, written by well-known economists and social scientists, shed light on the intense national debates that accompanied the making of policy decisions in Sri Lanka. Studying the country's economy under six main headings: the ideology and strategy of economic development; macro-economic policy; the development of agriculture, industry and technology; employment and labour; institutional issues and governance; and social welfare, the book presents a comprehensive picture of contemporary Sri Lanka's economy.

Socio Economic Impact of Chronic Kidney Disease of Unknown Etiology

Socio Economic Impact of Chronic Kidney Disease of Unknown Etiology PDF Author: Chathura Jayampathi
Publisher:
ISBN: 9789556121926
Category :
Languages : en
Pages : 45

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Book Description
With reference to Sri Lanka.

Saving Lives, Buying Time

Saving Lives, Buying Time PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309165938
Category : Medical
Languages : en
Pages : 384

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Book Description
For more than 50 years, low-cost antimalarial drugs silently saved millions of lives and cured billions of debilitating infections. Today, however, these drugs no longer work against the deadliest form of malaria that exists throughout the world. Malaria deaths in sub-Saharan Africaâ€"currently just over one million per yearâ€"are rising because of increased resistance to the old, inexpensive drugs. Although effective new drugs called "artemisinins" are available, they are unaffordable for the majority of the affected population, even at a cost of one dollar per course. Saving Lives, Buying Time: Economics of Malaria Drugs in an Age of Resistance examines the history of malaria treatments, provides an overview of the current drug crisis, and offers recommendations on maximizing access to and effectiveness of antimalarial drugs. The book finds that most people in endemic countries will not have access to currently effective combination treatments, which should include an artemisinin, without financing from the global community. Without funding for effective treatment, malaria mortality could double over the next 10 to 20 years and transmission will intensify.

The Global Social Crisis

The Global Social Crisis PDF Author: United Nations
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.