The trade-poverty nexus in Sri Lanka
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Date
2009
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Abstract
The relationship between trade and poverty has long been debated in academic and policy making circles, they have been polarizing opinions regarding this. This Sri lankan case study provides several useful insights which add to the literature on the trade poverty nexus and examines the linkage between poverty and trade from Sri Lanka's perspective. Sri Lanka was one of the first countries in South Asia to liberalize trade in 1977 but until very recently had made only limited progress in poverty reduction. Trade has had many positive impacts including generation of employment, providing access to marker etc. However it is found that the benefits have not been as clear cut in all the sectors. The major examples of the trade employment poverty nexus in Sri lanka's three decades as an open economy are tea, garments, tourism and export of labour, low skill labour particularly to the middle east. It was noted that the success of these had however been mixed.
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Poverty, Trade, Sri Lanka