Annual Report 2005 - Institute of Policy Studies of Sri Lanka
Annual Report 2005 - Institute of Policy Studies of Sri Lanka
Annual Report 2005 - Institute of Policy Studies of Sri Lanka
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IPS Publications__Publications <strong>of</strong> <strong>2005</strong>South Asia After The Quota System: Impact <strong>of</strong> The MFA Phase-OutEdited by Saman KelegamaInternational Economic <strong>Policy</strong> Series, October <strong>2005</strong>This book shows the preparatory work done by the South Asian countries forthe post <strong>2005</strong> quota phase-out period and measures taken by them to face theglobal challenge. It also highlights the new issues in global trade in the context <strong>of</strong>maintaining competitiveness <strong>of</strong> Textile and Clothing (T&C) <strong>of</strong> the South Asianregion. The book consists <strong>of</strong> nine chapters which include five South Asian casestudies (India, Pakistan, <strong>Sri</strong> <strong>Lanka</strong>, Bangladesh, and Nepal). It also covers newmarket access issues such as social protection, decent work, Generalized System <strong>of</strong>Preferences-Plus scheme, and many others. The material in the book will be <strong>of</strong>interest to policy makers, academia, and those actively engaged and working in theT&C industry.IPS: <strong>Sri</strong> <strong>Lanka</strong> State <strong>of</strong> the Economy: <strong>2005</strong>October <strong>2005</strong>The ‘State <strong>of</strong> the Economy <strong>2005</strong>’ report <strong>of</strong>fers an analysis <strong>of</strong> key indicators<strong>of</strong> <strong>Sri</strong> <strong>Lanka</strong>’s macroeconomic performance as well as developments in theglobal economy. In the backdrop <strong>of</strong> the massive human and asset losses resultingfrom the tsunami <strong>of</strong> 26 December 2004, a slowdown in the pace <strong>of</strong> reforms and aballooning oil import bill, <strong>Sri</strong> <strong>Lanka</strong> saw a growth rate <strong>of</strong> 5.6 per cent in <strong>2005</strong>. Thereport notes that a weakening <strong>of</strong> the macroeconomic environment – manifested ina persistent build up <strong>of</strong> inflationary pressure from mid-2004 – will require thatappropriate policies be adopted to confront and resolve growing structuralimbalances if the country is to ensure an effective post-tsunami recovery.Decentralization and Provincial Finance in <strong>Sri</strong> <strong>Lanka</strong>: 2004 - An UpdateD D M WaidyasekeraGovernance Series No. 8, November <strong>2005</strong>This publication analyses the fiscal and financial issues pertaining to theProvincial administrative system including the relative insignificance andinadequacy <strong>of</strong> the revenue sources devolved to the Provinces, provincial revenuebuoyancy, the wide disparity between the different provincial administrations, thenature <strong>of</strong> provincial expenditure and the weaknesses <strong>of</strong> the prevailing grantssystem on which the Provincial Councils depend for their existence and functioning.The publication includes a list <strong>of</strong> the financial powers and functions devolved tothe provinces, those in the list reserved to the centre and the functions relating toplanning in the concurrent list as provided in the Thirteenth Amendment. It alsoincludes a summary <strong>of</strong> the recommendations made to enhance the revenueperformance <strong>of</strong> provincial administrations so as to reduce the vertical and horizontalimbalances presently prevalent.46__________ <strong>Annual</strong> <strong>Report</strong> <strong>2005</strong>