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Item මාක්ස්වාදී චින්තනයේ ආර්ථික විග්රහය පිළිබඳ විමසුමක්(Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2016) Henegedara, G.M.Item A Reviewof Inclusive Growth Policies in Sri Lanka(Department of Economics, University of Kelaniya, 2016) Henegedara, G.M.As a new development concept, inclusive growth strategies are implemented by many countries so as to balance the development along with sustainable wealth creation and inclusion of all segments of the society as the shareholders of development. The concept refers both pace and pattern of growth in view of long term sustainability, broad based across sectors and inclusion of large portion of labour force.The successivegovernments of Sri Lanka were also followed this concept and implemented various programs so as to assure growth with equity and equality of opportunities along with liberal and protection policies. Therefore, the main objective of the paper is to review whether the inclusive growth oriented policies implemented in Sri Lanka since independence were successful in ascertaining broad based sustainable development through increasing economic growth and sharing growth through employment opportunities sustainably. Thus the analysis was based on reviewing variousgrowth approaches followed during three policy regimes i.e. inward looking, outward looking and Mahinda Chintana since independence. It also assessed the effects of inclusive growth policies and approaches on changing living standards of people and assuring inclusive development in the rural agricultural sectors. The methodology of the paper was based on quantitative analysis that derived from the secondary sources of information published by the Central Bank of Sri Lanka, Department of Census and Statistics, and the Ministry of economic development. The studyconsists of four sections i.e. need for inclusive growth, approaches to inclusive growth, the effect of inclusive growth policies and policy implications. The analysis revealed thatthe effectsof inclusive growth approaches followed since 1950s were effective in improving social infrastructure and reducing rural poverty in Sri Lanka significantly. But inclusiveness for employments, market creation and ultimate objective of gaining sustainable economic prosperity is still beyond the expectations due to some bindings affected as the constraints.Item ශ්රී ලංකාවේ ආර්ථික ප්රතිපත්ති හා 66 වසරක ආර්ථික ප්රගතිය පිළිබඳ විමසීමක්(Department of Economics, University of Kelaniya, 2016) Henegedara, G.M.Item Variation of Terms of Trade in Small farming Sector: with Special Reference to Paddy and Vegetables Cultivation in Sri Lanka(Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2014) Henegedara, G.M.Decline market prices of paddy and vegetables relative to prices of consumer food items and fertilizer inputs become a core factor of losing farm income of small farmers in Sri Lanka. Though the dropping farm income is a common problem in many agricultural countries, its impact is very crucial for a small country like Sri Lanka where nearly 30 percent of labour force is occupying in agricultural activities. Though all the successive governments in Sri Lanka have implemented various policies in this regard, still declining prices of food crops were greatly influenced to reduce farm income and subsequent it was affected for food security and public welfare of the country. Therefore, the main objective of the paper is to review factors influenced in changing TOT of small farming sector and assessing its impact on the economy. The paper was based on deductive method and used both primary and secondary sources of information. Price variations of farm products and consumer food items were measured by calculating parity ratios of respective commodities and accordingly it found that, values of Terms of trade (TOT)) of paddy and vegetable farming has been deteriorated continually in Sri Lanka, compared to imported food items and farm inputs. Thus farmers have to pay nearly 2 kilo of paddy for purchasing a one pound of bread in 2012 instead one kilo in 1984. Required paddy amount for receiving one kilo of sugar has fluctuated between 3.53 in 1999 and 3.57 in 2012. The required paddy amount for receiving one kilo of fertilizer has increased from 0.95 in 1984 to 1.65 in 2005. Similarly though farm gate prices of vegetables were also fluctuated throughout the year, the deterioration of TOT of vegetables farming is not significant as paddy farming since occasional price fluctuations were able to offset the price increases of consumer items and farm inputs. It shows that both demand and supply factors were influenced for deteriorating terms of trade of farm outputs. The demand factors were related to disposal income and substitute products while the supply factors were related with increase cost of production, matters related to crop planning, crop management and marketing. Finally it suggests some policy recommendations that required for protecting small producers in food crop sector.