Felicitation Volume of Senior Professor Prema Podimenike
Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/12048
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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.