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Item Impact of Currency Depreciation on Growth, Exports & Industrialization: Evidence from Sri Lanka(International Journal of Academic Staff (IJAS – 2019), Volume 01, Issue 01. Department of Social Statistics, Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2019) Ramanayake, S.S.The present article focuses specifically on smart exchange rate policy and export oriented industrialization process to sustain growth in Sri Lanka. There is an extensive debate on the impact of currency depreciation (devaluation / undervaluation) on growth and exports; some scholars have argued that depreciation positively affects growth (especially in developing economies), but others contend that depreciation negatively affects growth in the long run. This paper discusses the existing literature on currency depreciation on growth and exports. Study argues that too much depreciation in the long-run causes declining growth process and exports in Sri Lanka. At the same time, long-run depreciation negates industrialization process. Furthermore, this study found that long-run depreciation caused the decline in Foreign Direct Investment, lead to the increase inflation and was therefore, harmful for country’s social welfare. Findings of this study suggest Sri Lanka should focus on export-based industrialization process to overcome current situation and sustain economic growth. In like manner, these implications are also suitable for most of the other developing countriesItem Survival of medically treated Thalassaemia patients in Sri Lanka (2008 – 2016).(Journal of Social Statistics 2017, Volume 04, Issue 01, 2017) Wijesinghe, R. M.Thalassaemia is what is called an inherited disease due to abnormal hemoglobin production. It’s not an infectious disease. Sri Lanka is identified as an intermediate prevalence of thalassaemia. Near to 3500 patients with thalassaemia lives in Sri Lanka. Earlier there was no proper treatment for thalassaemia due to lack of knowledge about it. This cause to limit these patients life to 10-15 years. Today with the development of health sector researches found that life expectancy of patients have been improved. The survival measures and factors that affect to survival thalassaemia patients in Sri Lanka is unclear. The main objective of the study is to identify the main factors cause to death from thalassaemia. This include the number of deaths among the period and causes. Moreover this study tries to identify trends and risks on thalassaemia. Relevant data collected from a main thalassaemia hospital located in Ragama from the year 2008 to 2016. The results reveal that the patients mainly died not by thalassaemia. Thalassaemia major patients have more risk to death than thalassaemia minor and other diseases. Iron chelation therapy is the main problem among thalassaemia patients. Hospitals should provide homely environment for the patients to do their therapies happily. Though there are merits, some limitations are also exist with the research.Item The Generalized System of Preferences (GSP) and the International Trade of Sri Lanka(Economics Student Society, Department of Economics, University of Kelaniya, Sri Lanka, 2016) Perera, I.G.A.N.The Generalized System of Preferences (GSP) is a popular preferential tariff system which is excluded from regular rules of the World Trade Organization (WTO). Many developing countries including Sri Lanka have granted the GSP benefit from the European Union (EU) and some other developed countries like United States of America. This article has discussed the importance of the GSP as a preferential tariff system in view of advantages, disadvantages and effects of withdrawing it from the European Union. The paper has revealed that the withdrawal of GSP plus from the European Union was not negatively affected on Sri Lankan foreign trade volume and values. The analysis was totally based on the secondary information such as custom reports, books and the internet.Item The World Bank and its affection towards economic development in Sri Lanka(Economics Student Society, Department of Economics, University of Kelaniya, Sri Lanka, 2016) Dinelka, M.C.The World Bank functions as an international organization that fights poverty by offering development assistance to middle – income and low – income countries. As World Bank’s stated official goal is the reduction of poverty. The World Bank has set two ambitious goals to push extreme poverty to no more three percent by 2030, and to promote shared prosperity and greater equity in the developing world. According to the history of World Bank it was established in 1944 and before 1974 the reconstruction and development loans were relatively small. From 1974 to 1980 their size and number of loans to borrowers were increased and 1980, the World Bank Administrative Tribunal was established. As well as Jim Young Kim is the current president of the World Bank. The World Bank is different from the World Bank Group an extended family of five international organizations. However their world bank’s stated official goal is the reduction of poverty. For the poorest developing countries in the world, the world bank's assistance plans are based on poverty reduction strategies; by combining a cross-section of local groups with an extensive analysis of the country's financial and economic situation the world bank develops a strategy pertaining uniquely to the country in question. At that manner the World Bank had recognized Sri Lanka as a lower middle-income country with a total population of 21.0 million people. Strong economic growth in the last decade has led to improved shared prosperity and an important decline in poverty. As Sri Lanka aspires to become a higher middle-income country, it will need to adjust its development model. The Country Partnership Framework a strategic plan that defines the World Bank Group’s engagement with its partner countries. According to the World Bank, the country partnership framework supports to the government of Sri Lanka in implementing its reforms to achieve greater competitiveness through three strategic priorities. As well as the world bank’s support in Sri Lanka includes 13 active projects operating in 163 locations. Among these projects World Bank delighted to contribute their global experience to support Sri Lanka in its journey to preserve wetland, educate the public and reduce the social and economic impact of floods in Colombo. As well as World Bank concentrates to Sri Lanka through the different kind of projects and going to make new partnership framework to build up Sri Lankan economy without the poverty. So the World Bank delighted to contribute their global experiences to support Sri Lanka.Item The performance of Export in Sri Lanka(Economics Student Society, Department of Economics, University of Kelaniya, Sri Lanka, 2016) Herath, H.M.N.M.; Chathurika, K.I.A.Exports are the goods and services that are made in one country and transmitted to foreigners. When consider about the Sri Lankan economy, Export is playing a major role with international trade. Since 1977, Sri Lankan Closed economy had move to the Open economy and began to deals with the international trade. Considering Sri Lanka’s export markets, a few important trends are visible. Sri Lanka's most dynamic industries now are food processing, textiles and apparel, food and beverages, telecommunications, and insurance and banking. Main export partners are United States, United Kindom, Germany, Belgium and Italy. According to annual report of Central bank, Sri Lanka, the country’s export performance during the four decades that have ensued has been disappointing. But in September of 2016, the exports in Sri Lanka increased 5.7 percent year-on-year to USD Million. The purpose of this paper is to present exposition and explanation of the performance of Export in Sri Lanka. And it is expected to discuss how exports effect for the Sri Lankan economy. We referred secondary data such as Central bank reports, Magazines, and internet for this analysis.Item Dairy Industry trends in Sri Lanka(Economics Student Society, Department of Economics, University of Kelaniya, Sri Lanka, 2016) Pathumsha, H.M.A.V.Milk is inherited by the nature as a much tasted drink as well as high nutritious liquid food. Milk is consumed the every man at least one time in their duration of life. As an agricultural country, the dairy industry of Sri Lanka has survived in thousands of years. Prior to adopt the open economic policies in 1977, Sri Lanka had become self sufficient in milk. After adopting the open economic policies, imported milk products were attracted to consume exceedingly since they had very lower prices. Therefore, the demand for domestic dairy products had fallen and the dairy farmers were discouraged. Then dairy industry in Sri Lanka was subject to recession and it had made many harmful effects to the economy. Hence, this article is focused on understanding the current situation of the dairy industry, identifying the problems and prospects of this sector and adduce the suitable policies and programmes for develop the dairy industry in Sri Lanka.Item Human Rights Issues of Sri Lanka during the Post-Conflict Period and Their Implications(SIDA/SAREC Research Library, Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2016) Rathnayake, S.S.Item Macroeconomic Trends in Sri Lanka (from 2003 to 2013)(Department of Economics, University of Kelaniya, 2016) Nimeshika, G.A.T.Macroeconomic mainly include in overall performance in the economy. In that, Macro economic objectives and macroeconomic variables are got a special place. In this article is expected to analyze overall economic growth, price stability, unemployment and trade balance as macroeconomic variables. According to that, this article is focused to examine macroeconomic trends in Srilankan economy from 2003 to 2013. For this study secondary data have been used by using Central bank reports. By studying above variables in the economy, can able to become a logical consumer. According to analyze the economic growth has increased in 2013. The industry sector is provided a major contribution for GDP. Macroeconomic stability is a necessary condition for high economic growth. But the stability of macroeconomic environment weakens in creating an uncertainty economy with inflation. When the last years (covering 2003-2013) are considered, unemployment rate has decreased rapidly. It is good position for developing the country. But trade deficit has increased. That is a main problem for stability of the country. Finally, we can conclude that the country needs to achieve the goals the Socio Economic stability.Item China, India and the Balance of Power in South Asia: with Reference to Sri Lanka’s Position(Department of Economics, University of Kelaniya, 2016) Madanayaka, S.A.K.Since the ancient period, India is Sri Lanka’s closest neighbor due to the geographical location as well as religious and cultural links between the two countries. Recently, China also becomes a close friend of Sri Lanka mainly in commercial ties. Despite of Sri Lanka, in Indian Ocean there is a competitive rivalry in between the two Asian giants, India and China. The main objective of the study is “to identify the position of Sri Lanka in between the rivalry among Indian and China in South Asia”. Specially, the objective of the study want to find out the policy that Sri Lanka should follow in conducting firm relations with the both countries. The methodology that has used for the study is qualitative in nature and only based on secondary data. And descriptive analysis used for the analyzing part. According to the study, for Sri Lanka Indian as well as China both are significantly important in their sustainable development. Recently, even though China has became the in the first place of financial supporter, India also assist Sri Lanka especially after the humanitarian operation. In order to maintain the role of Sri Lanka in between the rivalry between the rivalry if the two Asian giants in South Asia, Sri Lanka need to maintain a neutral position in conducting relations with both India and China. The most important factor is that the Indian is the most immediate neighbor rather than China to Sri Lanka.Item Medicinal values of plants that are habitat to coastal areas of Sri Lanka: A literary study(Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2015) Gunaratna, T.A.N.R.; Samarathunga, D.K.; Liyanage, J.A.Herbs cover the complete range of growth habits and sizes of plants. As a tropical country there are several plants available in Sri Lanka’s coastal areas that are habitat in large scale. Borassus flabellifer, Cocos nucifera, Ipomoea pes-caprae, Pandanus tectorius and Calotropis gigantea are the plants and creeping vines which are available in large range. They are rich in pharmacodynamics, mentioned in Ayurveda authentic books and as well as in the details of Sri Lankan oral tradition. But none of that information is famous among Sri Lankans. This literary study was conducted to identify the medicinal values Borassus flabellifer, Cocos nucifera, Ipomoea pes-caprae, Pandanus tectorius and Calotropis gigantea which are habitat to the coastal part of Sri Lanka for conservation, sustainable development of natural medicines and share the benefits of their medicinal value. Study was based on the Ayurveda and Sri Lankan traditional authentic books and findings related to the plants were considered and analyzed. According to the results obtained, pacts of whole plant’s parts such as flowers, leaves, bark, roots and fruits have medicinal values and they are used for medicines. Every plant has pharmacodynamic actions which are related to Nerve system, Gastro intestinal system, Respiratory system, Blood circulatory system, Urinary system, Reproductive system and Immune system. Results emphasize the medicinal utility of Borassus flabellifer, Cocos nucifera, Ipomoea pes-caprae, Pandanus tectorius and Calotropis gigantea and it is essential to bring it up to the Sri Lankan society for the enhancement of natural medicine through the natural resources.