Daily News Online
 

Friday, 16 October 2009

News Bar »

News: Asia should not be held to ransom ...        Political: Budget 2010 after Election - Minister ...       Business: BOI best IPI in South Asia ...        Sports: Will Amreetha and Dineshkanthan be this time lucky? ...

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | SUPPLEMENTS  | PICTURE GALLERY  | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

‘Country has opportunity to develop more’

Economic development should be the main concern of Sri Lanka at this crucial juncture of the country’s history. The civil service of the country needs to be more vibrant in considering the services delivered, Gerorge Mason University School of Public Policy Professor Hilton L. Root said at the seminar on “Sri Lanka as an emerging economy: Lessons from East Asia” held yesterday in Colombo.


Professor Hilton L. Root

He said that compared to other countries in the East Asian region, Sri Lanka has the opportunity to become a more developed country at present but the country needs to fulfil components of development in a sustainable manner. Sri Lanka has not been able to reach a status of a developed country due to certain shortcomings.

Sri Lanka has to ensure an effective civil service and good governance along with enhancing infrastructure facilities. The private sector is considered the engine of development but it is not given the necessary freedom to work independently, he said.

What Sri Lanka needs to concentrate on is networking and forming partnerships with neighbouring countries, not on exports or domestic consumption, he said. He said that since Sri Lanka is in the throes of the economic recession, it should diversify the main income generator and attempt to manufacture what is not being manufactured in neighbouring countries.

Lirneasia Lead Economist Dr. Harsha de Silva said that the practice of proper democracy, good governance and ensuring public sector efficiency can make the country sustainable and reduce the corruption level.

EMAIL |   PRINTABLE VIEW | FEEDBACK

www.lanka.info
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk
LANKAPUVATH - National News Agency of Sri Lanka
www.peaceinsrilanka.org
www.army.lk
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2009 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor