The Sri Lankan Unemployment Problem Revisited


Book Description

"Unemployment in Sri Lanka is largely voluntary. The underlying problem is not a shortage of jobs but the artificial gap between good jobs and bad ones. Policy efforts should be aimed at reducing the gap between good and bad jobs by making product markets more competitive, reducing excessive job security, and reforming government policies on pay and employment"--Cover.




The Challenge of Youth Employment in Sri Lanka


Book Description

Sri Lanka has long been regarded as a model of a successful welfare state in a low-income setting, yet it has not succeeded in creating a sufficient number of good jobs for the increasing number of young people. Hence, young Sri Lankans perceive their country as an unjust and unequal society, in which mainstream institutions have failed to address inequalities in the distribution of resources, as well as of benefits deriving from economic growth. Against this background, 'The Challenge of Youth Employment in Sri Lanka' aims to identify ways to improve the opportunities available to new job market entrants by addressing existing inequalities and to help young people more fully realize their potentials. Drawing from original research and a review of existing studies, the authors use the 4Es conceptual framework to analyze four key aspects of labor markets employment creation, employability, entrepreneurship, and equal opportunity identifying main issues and results, current trends, and possible new approaches.




Handbook on the South Asian Economies


Book Description

With its higher economic growth in recent years South Asia is becoming an increasingly important region in the global economy. This volume provides a very useful introduction to the economics of the region and will be of considerable interest to both students and researchers. John Weiss, University of Bradford, UK The editors and contributors are to be congratulated for this comprehensive and original survey of the enormously important and diverse South Asian economies. Hal Hill, Australian National University The Handbook on the South Asian Economies edited by Wahiduddin Mahmud and Anis Chowdhry is a collection of essays on political economy of development of all seven South Asian countries. It is also one of only a few books available in the market covering all economies of South Asia. Hence, it fills a gap in the literature on South Asian Development. One very important aspect of the book is a clear recognition by the editors that South Asia s development will have to be studied and analysed within the context of its socio-political institutions and hence not by relying solely on its economic policy regimes. I recommend this book to scholars of all disciplines. Kartik Roy, University of Queensland, Australia This Handbook on the South Asian Economies (a companion to the Handbook on the Northeast and Southeast Asian Economies) is a comprehensive and unique collection of original studies on the economic and social development of countries in South Asia. The analytical narratives draw upon a wide range of extant literature in an easily accessible way, whilst highlighting the impact of socio-political factors on economic outcomes. The introductory chapter by the editors provides a comprehensive survey of the main features of South Asian economic development, especially in respect of the policy reforms since the late 1970s. The Handbook seeks to understand the varying degrees of achievements in economic transformation and social development in various parts of South Asia, and ponders whether these experiences indicate alternative pathways of socio-economic progress or provide a unique framework for a South Asian development model. The experiences of economic reforms across the South Asian countries, with their distinctive socio-economic settings and public cultures, may thus provide fresh perspectives on the emerging development paradigms. The Handbook is indeed based on the premise that development economics and South Asia have a lot to learn from each other. As with the Handbook on the Northeast and Southeast Asian Economies, this latest Handbook will be an invaluable reference work for many years to come for researchers, academics and students of Asian studies and economics. Policymakers interested in learning more about the background and future opportunities and challenges posed by these economies will also find much to engage them.




Youth Unemployment and Joblessness


Book Description

Youth unemployment and joblessness are major issues for national governments and international organizations across the globe. In this respect, the school-to-work transition challenge is increasingly raising the interest of companies, education and training institutions, families and young people themselves, who are often involved in precarious and illegal forms of employment, in many countries of the world. In the field of industrial and labour relations, the school-to-work perspective seems particularly suitable for policy formulation and assessment: the broad and complex range of tools, strategies and policies for enabling youth training and their access to the labour market is deserving of a closer analysis at an international level in a time when jobless recovery threatens national economies. The ADAPT LABOUR STUDIES BOOK-SERIES has in connection been set up with a view to achieving a better understanding of the causes, consequences and possible responses to the issue in a global dimension through an interdisciplinary and comparative approach.




Labour Market Planning Revisited


Book Description

This book enables the reader to understand labour markets and shows how to forecast the need for skills in developing countries. The forecasting of these skills has recently fallen into disrepute with the notion that all forecasting techniques that assessed the labour market requirements of the future were dubious and that the future lay with labour market analysis and labour market signalling. This book disputes this but acknowledges that the models of the past should be supplemented with better data and improved labour market analysis and in doing so produces its own model for analysing the needs of labour markets.




Development Under Stress


Book Description

Sri Lanka is credited with being the pioneer of economic liberalisation in South Asia. Why, then, is economic progress painfully slow with the outcome being far below the country’s potential? This book examines the process of development and the implementation of reforms in Sri Lanka after the economic liberalisation of 1977. The author shows that while part of the story lies in the ongoing conflict in the North-East, which has lasted over 20 years, there are a number of other factors which have impeded economic progress, thereby, designating it development under stress The book describes the key features of the Sri Lankan socio-political and economic system that prevented the country from achieving higher levels of economic growth. It explains why the country could not match the economic achievements of South Korea and Malaysia— countries that had similar per capita income levels to that of Sri Lanka in the 1950s. The author focuses on five core themes: - Economic development since Independence - The debate on economic liberalisation - Macroeconomic management - Sectoral policy - Employment and poverty










Sri Lanka Education Sector Assessment


Book Description

A country’s education system plays a pivotal role in promoting economic growth and shared prosperity. Sri Lanka has enjoyed high school-attainment and enrollment rates for several decades. However, it still faces major challenges in the education sector, and these challenges undermine the country’s inclusivegrowth goal and its ambition to become a competitive upper-middle-income country. The authors of Sri Lanka Education Sector Assessment: Achievements, Challenges, and Policy Options offer a thorough review of Sri Lanka’s education sector—from early childhood education through higher education. With this book, they attempt to answer three questions: • How is Sri Lanka’s education system performing, especially with respect to participation rates, learning outcomes, and labor market outcomes? • How can the country address the challenges at each stage of the education process, taking into account both country and international experience and also best practices? • Which policy actions should Sri Lanka make a priority for the short and medium term? The authors identify the most critical constraints on performance and present strategic priorities and policy options to address them. To attain inclusive growth and become globally competitive, Sri Lanka needs to embark on integrated reforms across all levels of education. These reforms must address both short-term skill shortages and long-term productivity. As Sri Lanka moves up the development ladder, the priorities of primary, secondary, and postsecondary education must be aligned to meet the increasingly complex education and skill requirements.




Skills Gaps in Two Manufacturing Subsectors in Sri Lanka


Book Description

Persistent skills shortages have constrained new investments and economic growth in Sri Lanka. This study assesses the skills deficit in two priority sectors—food and beverages, and electronics and electricals. It recommends supply-side responses to increase the quantity and quality of labor in these areas. The recommendations include raising awareness among young people about the sectors' employment potential, upgrading courses, providing professional development for instructors, and establishing collaborations between businesses and training institutes.