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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyYesterday at 19:40 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySat 18 May 2019 - 21:10 by serene

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySat 18 May 2019 - 15:19 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySat 18 May 2019 - 8:22 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 17 May 2019 - 23:24 by dhanurrox

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 17 May 2019 - 21:23 by dhanurrox

» Sri Lanka mulls 25-pct ownership limit in finance companies
Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 17 May 2019 - 17:10 by Backstage

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 17 May 2019 - 16:13 by Backstage

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyThu 16 May 2019 - 21:30 by hammurabi

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyWed 15 May 2019 - 20:12 by Rana

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyWed 15 May 2019 - 9:17 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyWed 15 May 2019 - 9:00 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyTue 14 May 2019 - 13:19 by CK

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 10 May 2019 - 20:45 by Backstage

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyThu 9 May 2019 - 21:24 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyThu 9 May 2019 - 19:23 by Ethical Trader

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyWed 8 May 2019 - 19:13 by serene

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 26 Apr 2019 - 9:48 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 26 Apr 2019 - 9:25 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyThu 25 Apr 2019 - 10:56 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyTue 23 Apr 2019 - 9:56 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyMon 22 Apr 2019 - 14:08 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySun 21 Apr 2019 - 10:57 by කිත්සිරි ද සිල්වා

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySat 20 Apr 2019 - 11:37 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyThu 18 Apr 2019 - 19:35 by Ethical Trader

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 12 Apr 2019 - 10:25 by yellow knife

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 12 Apr 2019 - 6:57 by dhanurrox

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyTue 9 Apr 2019 - 21:34 by NIRMALSG

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySun 7 Apr 2019 - 16:45 by NIRMALSG

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptySun 7 Apr 2019 - 10:22 by ruwan326

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 5 Apr 2019 - 22:37 by Ethical Trader

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 5 Apr 2019 - 15:07 by Ethical Trader

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 5 Apr 2019 - 13:44 by yellow knife

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyFri 5 Apr 2019 - 9:10 by serene

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank EmptyTue 2 Apr 2019 - 12:53 by Backstage

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank

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Merchandise export made little contribution to Sri Lanka’s growth: World Bank Empty Merchandise export made little contribution to Sri Lanka’s growth: World Bank

Post by The Invisible on Sat 20 Oct 2018 - 10:32

ECONOMYNEXT – Sri Lanka’s industrial production barely grew in the second quarter of 2018 with exports contributing little to growth and recent import tariff hikes counter-productive to increasing competitiveness, a new World Bank report said.

Growth is strong in South Asia, but not driven by exports or manufacturing, the bank said in its South Asia ‘Economic Focus’.

"Domestic consumption has been the main contributor to economic growth across the region, with exports or investment being remarkably subdued," the report said.

In India and Sri Lanka, the contribution of investment is projected to be relatively more important in 2018.

But even there, the World Bank said, the main driver remains domestic consumption.

"In both countries exports contribute relatively little to growth," it said.

The World Bank’s Spring 2017 edition of the report had argued that South Asia’s benefits from trade diversion may be small but that they increase with the elasticity of domestic supply and the extent of export diversification.

It is not clear what contribution the export of services is doing to the economy. Services which includes, information technology, tourism and even exports of labour. Capital will generally flow to where returns are high, and access to resources including workers is easier.

To benefit from the opportunities offered by strong import demand in the US and Europe, South Asian countries need to improve logistics, reduce red tape, and enhance competitiveness, it said.

"Unfortunately,” the latest report said, “some of the policy measures recently adopted in the region to address widening current account deficits go in the opposite direction.

“Regulatory duties have been increased in Pakistan; import tariffs on vehicles have been raised in Sri Lanka; and India did the same on 19 products worth 13 billion dollars in imports.”

Industrial production in South Asia is holding well, but it grows slower than GDP in most countries.

South Asia’s industrial production grew by only 5.4 percent in the second quarter of 2018, slightly lower than a quarter before.

In India it grew by 5 percent, in Pakistan by 4.5 percent, and in Sri Lanka by only 0.6 percent, the report said.
(COLOMBO, 19 Octber, 2018)
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Merchandise export made little contribution to Sri Lanka’s growth: World Bank Empty Re: Merchandise export made little contribution to Sri Lanka’s growth: World Bank

Post by Ethical Trader on Sat 20 Oct 2018 - 16:00

Thanks.
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Post by Brave Heart on Sun 21 Oct 2018 - 11:47

THanks Invi for the update.

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