Browsing by Author "Jayasuriya, Sisira"

Now showing 1 - 11 of 11
  • Thumbnail Image
    Item
  • Thumbnail Image
    Item
    Economic Challenges of Post Tsunami Reconstruction: Sri Lanka Country Study
    (Institute of Policy Studies of Sri Lanka, 2007-01) Jayasuriya, Sisira; Weerakoon, Dushni; Arunatilake, Nisha; Steele, Paul
    The aim of this study is to contribute to the discussions and debates on appropriate policies for the medium term reconstruction effort by providing an analysis of some of the priority issues emerging from Sri Lanka’s own experience of the posttsunami reconstruction and rehabilitation phase. To this end, the study also involved a survey of affected households in an attempt to obtain a broader understanding of the perceptions of the recovery process from the grass-root level.
  • Thumbnail Image
    Item
    Foreign Direct Investment and Economic Integration in the SAARC Region
    (2013-09-05) Jayasuriya, Sisira; Weerakoon, Dushni
    This paper reports on an initial exploration of issues, documenting the nature of intra-SAARC investment flows, and presenting the results of some preliminary investigations of the emerging trade and investment linkages within the SAARC, with particular attention to India-Sri Lanka links.
  • Thumbnail Image
    Item
    Impact of temporary trade shocks on an economy in disequilibrium : Philippines, 1986-89
    (1994-07) Fabella, Raul; Jayasuriya, Sisira
    The collapse of world oil prices in 1986 and the recovery in the world economy in the second half of the 1980s, brought a rapid improvement in the terms of trade of the Philippines. The patterns of private and public sector responses to this favorable temporary shock conformed broadly to the predicitions of the theory of construction booms. These responses were consistent with longer term patterns which showed that savings responded to temporary shocks so as to significantly smooth consumption over time.
  • Thumbnail Image
    Item
    Monetary Cooperation in South Asia
    (2013-09-05) Jayasuriya, Sisira; Weerakoon, Dushni; Kurukulasuriya, Shalini; Maskay, Nephil M.; Khatiwada, Yuba Raj
    This study reports on the first stage of a research programme into issues of monetary cooperation in South Asia. It describes the main features of the South Asian economies, their recent policy evolution and trends in economic performance. It then examines the patterns of shocks in South Asia using econometric/statistical tools to determine if SAARC countries are candidates for a currency union by conventional OCA criteria. Report also discusses the nature of shocks and historical patterns of policy across countries. Finally it presents the overall conclusions of the study and discusses the main research tasks identified for the next stage.
  • Thumbnail Image
    Item
    Post-Tsunami recovery: lessons from case study 1.5 Sri Lanka
    (Asian Development Bank (ADB), 2006) Jayasuriya, Sisira; Steele, Paul; Weerakoon, Dushni; Knight-John, Malathy; Arunatilake, Nisha
    The Tsunami of December 26,2004 left Sri Lanka with over 30,000 people dead al most a million displaced and an estimated 150,000 people lost their primary source of livelihood. There was massive damage to infrastructure and capital asscts; estimated at around US$1 billion (4.5 percent of GDP), particularly in tourism and fisheries sectors. The mediumterm financing needs were estimated to he around US $ 1.5-1.6 billion (7.5 percent of GDP). 2005 GDP by around 0.5-1.0%
  • Thumbnail Image
    Item
    Temporary shocks, consumption smoothing and economic adjustment: Sri Lanka, 1973-76
    (Latrobe University, 1994-07) Jayasuriya, Sisira
    Many trade and supply shocks are temporary and even quite large shocks have only relatively minor permanent income effects. If agents have access to well functioning capital markets and correctly anticipate that the shocks are temporary,then the permanent income hypothesis predicts that such shocks lead primarily to changes in saving rather than in expenditures. The ''Theory of construction booms'' hypothesises that the degree of international capital mobility influences the subsequent patterns of economic adjustment. This paper examines the impact of negative shocks during the 1973-76 period in Sri Lanka, and finds support for consumption smoothing behavior by private agents and more generally, for the predictions of the above theory.
  • Thumbnail Image
    Item
    Testing for market integration: a multiple cointegration approach
    (Latrobe University, 1992-08) Sivapuile, Param; Jayasuriya, Sisira
    In this paper we demonstrate the use of Johansen's multiple cointegration technique as a test for market integration. We argue that this method overcomes many of the limitations of previous techniques for testing market integration. An application of this test to the Philippines rice markets indicates that these markets are well integrated.
  • Thumbnail Image
    Item
    The Economic Cost of the War in Sri Lanka
    (2001) Arunatilake, Nisha; Jayasuriya, Sisira; Kelegama, Saman
    This paper discusses some of the conceptual and methodological problems associated with assessing the economic costs of civil wars and other violent social conflicts, and presents an evaluation of the costs of the (still ongoing) conflict in Sri Lanka. Our estimates suggest that the costs of conflict since 1983 may be at least equivalent to twice Sri Lanka's 1996 GDP.
  • No Thumbnail Available
    Item
    The Economic Cost of the War in Sri Lanka
    (Institute of Policy Studies, 1999, 1999) Arunatilake, Nisha; Jayasuriya, Sisira; Kelegama, Saman
    There is growing interest in recent years in the economic dimensions of civil wars and other violent social conflicts. This paper discusses some of the conceptual and methodological problems associated with assessing the economic costs of such conflicts, and presents an evaluation of the costs of the (still ongoing) conflict in Sri Lanka. On conservative assumptions, the war may have cost the equivalent of twice Sri Lanka’s 1996 GDP.
  • Thumbnail Image
    Item
    Trade policy and industrial growth : Sri Lanka
    (Latrobe University, 1996) Athukorala, Chandra; Jayasuriya, Sisira