Steering Sri Lanka towards Sustainable and Inclusive Development

Economic growthThe Government is to host the Sri Lanka Economic Forum, “Steering Sri Lanka towards Sustainable and Inclusive Development” on 6 and 7 January 2016 at the Cinnamon Grand Hotel with business magnate and philanthropist George Soros and nobel laureate Joseph Stiglitz as guest speakers.

The conference, an initiative of Prime Minister Ranil Wickremesinghe, will bring together development specialists to advise the various arms of government on its development program.

This economic forum is structured around these key areas of risk and opportunity, with several internationally-respected thought leaders invited to share their perspectives with the Government of Sri Lanka

The Harvard University’s Centre for International Development will take a lead role in the conference to be held on January 7th and 8th.  The Harvard University’s Centre for International Development has done an initial growth diagnosis on Sri Lanka and has identified the following key areas they believe are important to support sustained and inclusive long-term growth.

  • Macroeconomic and Fiscal Stability
  • Structural Transformation and Competitiveness
  • Urbanization and Development
  • Regional Development and Social Inclusion

There will be two Panel discussion with Ricardo Hausmann, Christopher Woodruff, Robert F. Conrad, Sean Turnell, Ljubica Nedelkoska on  A Million New Jobs (with Good Wages): What options do governments have for overcoming macroeconomic vulnerabilities and fiscal imbalance? What interesting policies have been used elsewhere to transform comparative advantage, developing industries that can expand while paying higher wages?

Opportunities and Challenges for Inclusive Growth: How has the urbanization process been organized in other places to develop cities that are sustainable, competitive and productive? What can governments do to ensure that all regions and social groups contribute to and benefit from the growth process? with Montek Singh Aluwalia, Alan Hirsch, Erion Veliaj, Neffke on the panel.

A Youth Forum Interactive Discussion on Sri Lankan Economics will be held on 8 January with the participation of the Prime Minister, Mr. George Soros, Prof. Joseph Stiglitz and Invited Youth Participants

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