DOCSLIB.ORG

The Relationship Between Brain Circulation and Industry Growth: A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Relationship Between Brain Circulation and Industry Growth: A The Relationship between Brain Circulation and Industry Growth: A Case Study of the Knowledge Services Industry in Sri Lanka by FERNANDO Panagodage Janaka Sampath DISSERTATION Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy in International Development GRADUATE SCHOOL OF INTERNATIONAL DEVELOPMENT NAGOYA UNIVERSITY Approved by the Dissertation Committee: Aya OKADA (Chairperson) Koichi USAMI Naoko SHINKAI Approved by the GSID Committee: March, 2019 i Acknowledgement First of all, I must extend my sincere heartfelt gratitude to my supervisor Professor Aya OKADA for her invaluable suggestions, expert guidance and encouragement to me at all stages of this research study. I would like to thank Professor Koichi USAMI and Professor Naoko SHINKAI for serving on my dissertation committee and sharing their expert views on the topic. Their guidance also helped me to improve the quality of my dissertation. Without the financial support of the Yokoyama International Scholarship Foundation and the Watanuki Scholarship Foundation, my Ph.D. studies and life in Japan would have been difficult. I extend my sincere thanks to the founders and staff members of both scholarship foundations. I wish to express my sincere gratitude to the officers of the Sri Lanka Association of Software Services Companies Sri Lanka, the Board of Investment Sri Lanka, the Export Development Board Sri Lanka and the Chairman of the Federation of Information Technology Industry Sri Lanka for their kind cooperation and the time devoted to this academic exercise, despite their busy schedules. The valuable data provided by these institutions were priceless resources to understand the nature of brain circulation and the knowledge services industry in Sri Lanka. My special thanks go to all the responding returned skilled migrants and knowledge services firms in the Knowledge Services Industry in Sri Lanka. Absence of their invaluable information, the research project would not be a success. Moreover, several individuals extended their cooperation to reach the potential returned skilled migrants and knowledge services firms. I take this opportunity to thank all of them, as they helped me to connect with the returned skilled migrants and knowledge services firms. Last, but not least, my thanks and appreciation go to my wife and three daughters for their dedication and sacrifices throughout my postgraduate studies in Japan and Sri Lanka i Abstract Brain circulation is critically important in the globalized and knowledge-based economy as returning skilled migrants are recognized as knowledge transmitters between the developed and the developing countries. Thus, the purpose of this study is to analyze the relationship between brain circulation and industry growth, with special reference to the Knowledge Services Industry (KSI) in Sri Lanka. The KSI is defined as a combination of Information Technology services firms, Information Technology enabled Services firms, and firms involved in Business Process Outsourcing or Knowledge Process Outsourcing. I analyzed how skilled migrants respond to the growth of a particular industry by employing firsthand data collected through a survey of Returned Skilled Migrants (RSMs) and qualitative information from Returned Entrepreneurs (REs). In particular, the determinants and temporal nature of brain circulation were analyzed. Moreover, the transnational capital of the returned skilled migrants (RSMs) was analyzed. I also analyzed the advantages of returnees when they start a firm in the home country and its effects on business expansion by employing two case studies. In addition, the effects of brain circulation on export performances, business financing, and diffusion of institutional know-how were analyzed. For this purpose, I employed firsthand data collected through a survey of knowledge services firms and case studies of two benchmark firms in the industry. Main findings of the dissertation are as follows: First, extending the success stories of brain circulation beyond Taiwan, China and India, a significant flow of brain circulation, largely driven by pull factors, was observed within the KSI in Sri Lanka. Motivated by favorable conditions in the global outsourcing industry in the mid-1990s, REs have established the KSI in Sri Lanka. These REs are endowed with foreign education, working experience, and networking; in other words, they have greater “transnational capital” compared to the lower skilled employees who returned at the early ii stage of industry growth. In contrast, highly skilled employees have returned following the growth trajectory of the industry. Second, the temporal nature of brain circulation is kept but does not apply commonly to both skilled employees and REs. Entrepreneurs are less likely to return permanently compared to the skilled employees as the location has not been an obstacle to their investment activities. However, returned skilled employees tend to be more permanent returnees. Third, the Sri Lankan case is significant since the KSI has benefited from brain circulation while most of the other sectors in the country are experiencing a significant brain drain. Therefore, I postulate that the country-specific nature of brain drain has transformed into an industry-specific process of brain circulation. Fourth, through content analysis of the two case studies, the following areas were identified as potential advantages of the REs that contributes to business expansions and industry growth. These include: (1) establishing global startups, (2) use of co-worker networks to start firms, (3) export market orientation of the firms, (4) staying connected to the host country, (5) ability to rise seed capital from market sources, (6) use of innovative ways to finance business expansions, and (7) act as knowledge transmitters. Finally, regression analyses confirmed that the export performance of REs’ firms dominates that of locally grown firms due to the accumulated transnational capital. Further, those firms have a higher probability of raising capital from foreign sources compared to the local firms. Nonetheless, there was no significant difference between local firms and REs’ firms in applying institutional know-how. Accordingly, REs’ advantages in exporting knowledge services and raising capital through foreign sources have contributed to the recent growth momentum of the KSI. Thus, developing countries can promote and facilitate REs to boost export performances and overcome domestic capital market imperfections that hinder the growth prospect of knowledge-based industries in those countries. iii Keywords: Brain Circulation, Business Financing, Export Performance, Knowledge Services Industry, Push-pull Factors, Returned Entrepreneurs, Return Migration, Returned Skilled Employees, Sri Lanka, Transnational Capital iv List of Abbreviations ATC : Advanced Technology Centers API : Applications Programming Interface BCS : British Computer Society BOI : Board of Investment BPM : Business Process Management BPO : Business Process Outsourcing CBSL : Central Bank of Sri Lanka CEO : Chief Executive Officer CMMI : Capability Maturity Model Integration DCS : Department of Census and Statistics DF : Demographic Factors DMS : Data Management System EDB : Export Development Board EM : Early Movers ExEEMF : Ex-Employees of Early Movers firms FDIs : Foreign Direct Investments FITIS : Federation of Information Technology Industry Sri Lanka GDP : Gross Domestic Product HC : Human Capital HDI : Human Development Index IBM : International Business Machines Corporation ICT : Information and Communication Technology ICTA : Information and Communication Technology Agency ILO : International Labor Organization IOM : International Organization for Migration v IOT : Internet of Things ISO : International Organization for Standardization IT : Information Technology ITeS : Information Technology enabled Services JKH : John Keels Holdings KPO : Knowledge Process Outsourcing KSI : Knowledge Services Industry LTTE : Liberation Tigers of Tamil Eelam LSF : Lanka Software Foundation MFs : Motivational Factors MNCs : Multinational Corporations NBQSA : National Best Quality Software Award NCE : National Chamber of Exports NELM : New Economics of Labour Migration OECD : Organization for Economic Corporation and Development OLS : Ordinary Least Square OSD : Open Source Development OSI : Open Source Initiative OSS : Open Source Software PC : Personal Computers REs : Returned Entrepreneurs RQAN : Return of Qualified African Nationals RSEs : Returned Skilled Employees RSMs : Returned Skilled Migrants SDGs : Sustainable Development Goals SF : Social Factors vi SG : Second Generation SLASSCOM : Sri Lanka Association for Software Services Companies SLIIT : Sri Lanka Institute of Information Technology SLIM : Sri Lanka Institute of Marketing T&G : Textile and Garment TOKTEN : Transfer of Knowledge Through Expatriate Nationals XML : Extensible Markup Language U.A.E. : United Arab Emirate U.K. : United Kingdom UNDP : United Nations Development Program UNESCO : United Nations Educational, Scientific and Cultural Organization U.S.A. : United States of America WHO : World Health Organization WEIF : Web Services Invocation Framework WSUP : Wharton School of University of Pennsylvania WTO : World Trade Organization vii Acknowledgement…………………………………………………….……..………….…….i Abstract………………………………………………………………………………...……..ii List of Abbreviations ……………………………………………..…….…………………....v Table of Content………..…………………………………………………………………..viii
Load more

Recommended publications
  • Global Employment Trends 2014 – Risk of a Jobless Recovery?
    GLOBAL EMPLOYMENT TRENDS 2014 GLOBAL EMPLOYMENT TRENDS 2014 Global Employment Trends 2014 The annual Global Employment Trends (GET) reports provide the latest Risk of a jobless recovery? global and regional estimates of employment and unemployment, employ- ment by sector, vulnerable employment, labour productivity, informal em- ployment and working poverty, while also analysing country-level issues and trends in the labour market. Based on the most recently available data and taking into account macro- +0.1 economic trends and forecasts, the GET reports seek to shed light on cur- +2.03 +0.04 rent labour market trends and challenges. The reports build on the ILO’s -25.301 Key Indicators of the Labour Market (KILM) and include a consistent set 023 -00.22 of tables with regional and global estimates of labour market indicators. 006.65 0.887983 +1.922523006.62 -0.657987 +1.987523006.82 -006.65 Each report contains a medium-term labour market outlook, assessing likely +0.1 0.887987 +1.987523006.60 0.887987 +2.03 trends and drivers of labour market developments around the world. +1.0075230.887984 +1.987523006.64 0.887985 +0.04 +1.997523006.65 0.887986 +1.984523006.66 -25.301 The Global Employment Trends 2014 report highlights the risks of a job- 0.327987 +1.987523006.59 -0.807987 023 +1.987521006.65 0.-887987 +1.987523006.65 less recovery. Economic activity is starting to recover in most developed and -00.22 0.807987 +1.987523 0.887983 +1.987523006.62 006.65 0.887983 +1.922523006.62 emerging economies. However, labour markets have not yet recovered from -0.883988 +1.987523006.63 -006.65 0.894989 +0.1-0.657987 +1.987523006.82 -006.65 previous weaknesses and global unemployment remains at 6 per cent or al- +0.1 +1.987523006.65 0.887990 +2.03 +2.03 +0.887987 +1.987523006.60 0.887987 most 202 million jobseekers.
    [Show full text]
  • Annual Performance Report 2013
    ANNUAL PERFORMANCE REPORT 2013 MINISTRY OF EXTERNAL AFFAIRS SRI LANKA Contents Page No. Mission Statement I Mahinda Chinthana – Vision for the Future II Preface III - V Progress Reports of Divisions South Asia and SAARC Division 1-13 East Asia and Pacific Division 14-23 Middle East Division 24-28 Africa Division 29-35 West Division 36-41 United Nations, Multilateral Affairs, Human Rights and Conferences Division 42-47 Economic Affairs Division 48-52 Protocol Division 53-59 Consular Affairs Division 60-65 Public Communications Division 66-71 Legal Division 72-75 Overseas Administration Division 76-78 General Administration Division 79-80 Finance Division 81-84 Network of Diplomatic Missions Abroad 85 Organization Chart of the Ministry 86 Mission “The promotion, projection and protection internationally of Sri Lanka’s national interests, in accordance with the foreign policy of the Government and to advise the Government on managing international developments in keeping with the best interests of Sri Lanka” Subjects and Functions of the Ministry of External Affairs “Implementation of political plans and programmers in respect of external affairs; representation of Sri Lanka abroad; international agreements and treaties; foreign government and international organization representation in Sri Lanka; external publicity; diplomatic immunities and privileges and consular functions” I “I will continue Sri Lanka’s non-aligned foreign policy. During the last four years we witnessed the benefits of maintaining friendly relationship with India, Japan, China, Pakistan and other Asian countries. I am committed to continue these friendly relations in the political, economic, defence, trade and cultural arena. I will ensure that Sri Lanka abides by the global treaties and agreements on the environment and climate change and will strengthen Sri Lanka’s ties with the UN Agencies.
    [Show full text]
  • Organizational Culture, Decision of Funding and Financial Performance: an Evidence from Small and Medium Enterprises
    European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol.7, No.32, 2015 Organizational Culture, Decision of Funding and Financial Performance: An Evidence from Small and Medium Enterprises 1 2 2 2 Ni Luh Anik Puspa Ningsih * Ni Luh Putu Wiagustini Luh Gede Sri Artini Henny Rahyuda 1. Doctoral Program of Management, Faculty of Economics and Business, Udayana University, Indonesia 2. Department of Management, Faculty of Economic and Business, Faculty of Economics and Business, Udayana University, Indonesia Abstract This study aims to examine the influence of organizational culture on Funding Decision and Company Financial Performance and the effect of Funding Decisions on Company Financial Performance. This research is conducted at the Small and Medium Enterprises (SME) in Bali province, including Wood Crafting and Woodworking Industry and Textile Industry and Textile Products. The study population consists of 173 business units. The sampling technique uses a random stratified proportional random sampling and obtains 121 business units. This study uses a quantitative method that is enriched with a qualitative approach, especially on Organizational Culture from the concept of local knowledge in Bali, which is Catur Purusa Artha. The study finds out that organizational culture form by local wisdom in Bali, which is “Catur Purusa Artha”, affects the owner or management of SMEs in the province of Bali in determining Decisions Funding and Financial Performance. This study confirm Resource Based View (RBV) Theory, where the organizational culture excavated from local wisdom (Catur Purusa Artha). Keywords: Organizational Culture, Decision of Funding, Financial Performance 1. Introduction In an effort to improve financial performance, Small and Medium Enterprises (SME) may face difficulties to meet the credit requirements.
    [Show full text]
  • (Since 1917), and Later Still Battenberg
    THE 23RD COMMONWEALTH TOURNÉE WILL TAKE PLACE IN COLOMBO, SRI LANKA ON 15-17 NOVEMBER 2013 by Dr George Venturini * Cast of characters: Elizabeth Alexandra Mary Hanover-Saxe-Coburg-Gotha, later Windsor (since 1917), and later still Battenberg (since 1947) in the part of Elizabeth the Second, by the Grace of God Queen of the United Kingdom and Her other Realms and Territories, Head of the Commonwealth. In that capacity she officiated in Perth, Western Australia on 28 and 29 October 2011 for the 22nd Tournée. Elizabeth II is also Queen of Australia, of former Dominions such as Canada, New Zealand, as well as villes du plaisir et de débauche for the privileged such as Antigua and Barbuda, the Bahamas, Barbados, Belize, Grenada, Jamaica, and fortunate places such as Papua New Guinea, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, the Solomon Islands, and Tuvalu, in each of which she is represented by a Governor-General. Elizabeth II holds a variety of other positions, among them Supreme Governor of the Church of England, Duke of Normandy, Lord of Mann, and Paramount Chief of Fiji. Her Majesty is also styled Duke of Lancaster, Commander-in-Chief of the armed forces of many of her realms, Lord Admiral of the United Kingdom, Defender of the Faith in various realms for differing reasons. Neither Elizabeth II nor her husband (and second cousin once removed as well as third cousin - and that may go a long way in explaining Prince Charles and much of the other progeny), Philip Schleswig-Holstein-Sonderburg-Glücksburg known as Prince Philip, Duke of Edinburgh, will take part in the Tournée, as they had done in Australia in 2011 at the declared cost - according to the Australian government - of AU$ 58 million.
    [Show full text]
  • Into the Deep: Implementing CITES Measures for Commercially-Valuable Sharks and Manta Rays (PDF, 1.8
    A TRAFFIC REPORT CCSBT-ERS/1308/Info10 INTO THE DEEP: IMPLEMENTING CITES MEASURES FOR COMMERCIALLY-VALUABLE SHARKS AND MANTA RAYS VICTORIA MUNDY-TAYLOR AND VICKI CROOK A TRAFFIC REPORT CCSBT-ERS/1308/Info10 Published by TRAFFIC. Report prepared by TRAFFIC for the European Commission under Contract 070307/2010/574210/SER/E2 © European Commission. All rights reserved. All material appearing in this publication is copyrighted and may be reproduced with permission. Any reproduction in full or in part of this publication must credit the European Commission as the copyright owner. The views of the authors expressed in this publication do not necessarily reflect those of the European Commission, TRAFFIC, WWF or IUCN. The designation of geographical entities in this publication, and the presentation of the material, do not imply the expression of any opinion whatsoever on the part of the European Commission, TRAFFIC or its supporting organizations concerning the legal status of any country, territory, or area, or its authorities, or concerning the delimitation of its frontiers or boundaries. The TRAFFIC symbol copyright and Registered Trademark ownership is held by WWF. TRAFFIC is a strategic alliance of WWF and IUCN. Suggested citation: Mundy-Taylor V. and Crook V. (2013). Into the deep: Implementing CITES measures for commercially-valuable sharks and manta rays. Report prepared for the European Commission. ISBN 978-1-85850-357-8 Front cover photograph: Giant Mantas Manta birostris, Raja Ampat, West Papua, Indonesia © Andrea Marshall CCSBT-ERS/1308/Info10 INTO THE DEEP: IMPLEMENTING CITES MEASURES FOR COMMERCIALLY-VALUABLE SHARKS AND MANTA RAYS VICTORIA MUNDY-TAYLOR AND VICKI CROOK y Cat Hollowa © Scalloped hammerhead shark (Sphyrna lewini), Fiji.
    [Show full text]
  • Post-Conflict Sri Lanka: the Lack of Mental Health Research and Resources Among Affected Populations
    International Journal of Humanities and Social Science Vol. 4 No. 3; February 2014 Post-Conflict Sri Lanka: The Lack of Mental Health Research and Resources among Affected Populations Jeavana Sritharan PhD Student, University of Toronto Canada Ashvinie Sritharan BSc Student, University of Ottawa Canada Abstract This paper examines the available published literature on the post-conflict and tsunami disaster mental health concerns in Sri Lanka. By identifying relevant findings from literature published near the end of the war in 2009 and onwards, important gaps in mental health research and resources can be assessed. PubMed, Web of Science, and PsycINFO were assessed to identify all published articles available from 2009-01-01 onwards. Studies included in this paper discuss mental health programs and understanding related to communities, children, pregnant women, health care workers, and soldiers. It is clear that research gaps are present among all elements of mental health issues especially concerning the post-conflict situation. With the lack of appropriate mental health research and resources available in Sri Lanka, future studies need to incorporate up to date understanding and knowledge to improve mental health interventions and evaluations in Sri Lanka. Key words: Sri Lanka, mental health, post-war, post-conflict 1. Introduction The year 2009 was the mark of the end of the 26 year civil war on the island of Sri Lanka. A civil war as such understandably leaves behind questions about health effects and outcomes relating to the physical, psychological, and emotional aspects of victims, communities, and families. Any kind of war can have shattering effects on the overall health and well-being of members of the affected nation.
    [Show full text]
  • Migrant Smuggling in Asia
    Migrant Smuggling in Asia An Annotated Bibliography Vol. 2 October 2014 4 Product: Knowledge MIGRANT SMUGGLING IN ASIA An Annotated Bibliography Volume 2 Printed: Bangkok, October 2014 Authorship: United Nations Office on Drugs and Crime (UNODC) Copyright ©2014, UNODC ISBN: 978-974-680-380-9 e-ISBN: 978-974-680-381-6 This publication may be reproduced in whole or in part and in any form for educational and non-profit purposes without special permission from the copyright holder, provided acknowledgement of the source is made. UNODC would appreciate receiving a copy of any publication that uses this publication as a source. No use of this publication may be made for resale or any other commercial purpose whatsoever without prior permission in writing from the United Nations Office on Drugs and Crime. Applications for such permission, with a statement of purpose and intent of the reproduction, should be addressed to UNODC, Regional Office for Southeast Asia and the Pacific. Cover photo: UNODC Product feedback: Comments on the report are welcome and can be sent to: Coordination and Analysis Unit Regional Office for Southeast Asia and the Pacific United Nations Building, 3rd Floor Rajdamnern Nok Avenue Bangkok 10200, Thailand Fax: +66 2 281 2129 Email: [email protected] Website: www.unodc.org/eastasiaandpacific UNODC gratefully acknowledges the financial contribution of the Government of Australia that enabled the research for and the production of this publication. Disclaimers: This report has not been formally edited. The contents of this publication do not necessarily reflect the views or policies of UNODC and neither do they imply any endorsement.
    [Show full text]
  • Aid Barriers and the Rise of Philanthropic Protectionism
    International Journal of Not-for-Profit Law / vol. 17, no. 1, March 2015 / 1 AID BARRIERS AND THE RISE OF PHILANTHROPIC PROTECTIONISM 1 DOUGLAS RUTZEN A Russian bird group was deemed a “foreign agent.”2 Ethiopian human rights organizations were forced to curtail their activities because of a government-imposed cap on foreign funding.3 In India, the Sierra Club was barred from receiving funding from abroad.4 Around the world, countries are burdening the ability of civil society organizations to receive cross-border philanthropy. This article presents the macro- political context underlying these restrictions. It then categorizes constraints, summarizes governmental justifications, and analyzes restrictions under international law. The final section summarizes conclusions and areas for further scholarship. Background Twenty years ago, the world was in the midst of an “associational revolution.”5 Internationally, civil society organizations (CSOs)6 had a generally positive aura, recognized for their important contributions to health, education, culture, economic development, and a host of other publicly beneficial objectives. In addition, political theorists associated civil society with 1 The author is President and CEO of the International Center for Not-for-Profit Law (ICNL, www.icnl.org). The author is grateful to Brittany Grabel, Betsy Buchalter Adler, Gabrielle Gould, Nilda Bullain, David Moore, Margaret Scotti, Rebecca Ullman, Dima Jweihan, Katerina Hadzi-Miceva Evans, Claudia Guadamuz, Jocelyn Nieva, and Emerson Sykes for their guidance and comments on this article. An earlier version of this article was presented at the 2014 Annual Conference of the National Center on Philanthropy and the Law, New York University, on “Regulation or Repression: Government Policing of Cross- Border Charity,” October 26, 2014.
    [Show full text]
  • Bystanders' Perspectives on the Provision of Informal, Hospital-Based Care to Bedridden Patients with Cancer in Sri Lanka
    University of New Mexico UNM Digital Repository Nursing ETDs Electronic Theses and Dissertations Fall 12-1-2020 BYSTANDERS’ PERSPECTIVES ON THE PROVISION OF INFORMAL, HOSPITAL-BASED CARE TO BEDRIDDEN PATIENTS WITH CANCER IN SRI LANKA B. Sunil S. De Silva Follow this and additional works at: https://digitalrepository.unm.edu/nurs_etds Part of the Health Services Administration Commons, Health Services Research Commons, Nursing Commons, Oncology Commons, Palliative Care Commons, Primary Care Commons, and the Quality Improvement Commons Recommended Citation De Silva, B. Sunil S.. "BYSTANDERS’ PERSPECTIVES ON THE PROVISION OF INFORMAL, HOSPITAL- BASED CARE TO BEDRIDDEN PATIENTS WITH CANCER IN SRI LANKA." (2020). https://digitalrepository.unm.edu/nurs_etds/53 This Dissertation is brought to you for free and open access by the Electronic Theses and Dissertations at UNM Digital Repository. It has been accepted for inclusion in Nursing ETDs by an authorized administrator of UNM Digital Repository. For more information, please contact [email protected]. i Badurakada Sunil Santha De Silva Candidate College of Nursing Department This dissertation is approved, and it is acceptable in quality and form for publication: Approved by the Dissertation Committee: Barbara I Damron, PhD, RN, FAAN, Chairperson Beth Tigges PhD, RN, PNP, BC Nancy Ridenour, PhD, APRN, BC, FAAN Charlotte Nirmalani Gunawardena, Ph.D. ii BYSTANDERS’ PERSPECTIVES ON THE PROVISION OF INFORMAL, HOSPITAL-BASED CARE TO BEDRIDDEN PATIENTS WITH CANCER IN SRI LANKA BY BADURAKADA SUNIL SANTHA DE SILVA B.S., Nursing, The Open University of Sri Lanka, 2001 M.S., Nursing, Australian Catholic University, 2009 DISSERTATION Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy Nursing The University of New Mexico Albuquerque, New Mexico December, 2020 iii ACKNOWLEDGMENTS I would like to express my sincerest gratitude to my committee chairs.
    [Show full text]
  • Foreign Direct Investment in Sri Lanka: Determinants and Impact
    Foreign Direct Investment in Sri Lanka: Determinants and Impact Konara Mudiyanselage Palitha Senarath Bandara Konara Thesis submitted for the degree of Doctor of Philosophy University of York Management September 2013 1 Abstract Sri Lanka is a relatively small sized island economy possessing significant resource and location advantages and demonstrating impressive human capital indicators, which only few countries are fortunate to have. At the same time, the country is recovering from nearly three decades of civil war, which ended in 2009. However, Sri Lanka has performed poorly in terms of attracting FDI. Research in FDI in the context of Sri Lanka is limited. Only a handful of studies (Wijeweera & Mounter, 2008; Athukorala & Jayasuriya, 2004; Athukorala, 2003; Athukorala, 1995) have looked at FDI in the context of Sri Lanka. To fill the research gap, this thesis attempts to formulate systematic and in-depth studies of FDI in Sri Lanka, investigating the determinants, impact and policy issues. First, efforts are made to provide an analytical piece that set out the environmental context of Sri Lanka before providing details focusing on FDI. This is followed by three empirical chapters on the determinants and impact of FDI in Sri Lanka. With regard to determinants of FDI, special attention is given to civil war, human capital and stock market price level. For the impact, the focus is on the impact of FDI on productivity. Civil war is a major source of political instability and is likely to discourage FDI. Based on the nearly three decades of civil war in Sri Lanka during the period of 1983-2009, the first empirical study demonstrates that presence of war can have a negative effect on incoming FDI.
    [Show full text]
  • Annual Report 2013
    Annual Report 2013 Centre for Policy Dialogue (CPD) YEARS YEARS Our Vision To contribute to the emergence of an inclusive society in Bangladesh that is based on equity, justice, fairness and good governance. Annual Report 2013 About CPD 1 Message from the Chairperson 2 Message from the Executive Director 3 Performance of Bangladesh Economy in a Year of Uncertainty 5 Workers’ Rights and Work Place Safety: Where do we Stand Today? 11 Green Growth towards Sustainable Development 16 Economic Governance and Private Sector Development 19 Regional and Global Integration through Trade and Connectivity 23 Global Policy Debates Concerning Post-MDGs and LDC IV 30 Governance and Internal Management 35 Financial Report 2013 39 Annexes 42 Contents ABOUT CPD Introduction Programme Portfolio O ver the last two decades the Centre for Policy Dialogue (CPD) has emerged as a leading think tank smulang all state actors, Dialogue parcularly the civil society, to become acve players in influencing policy decisions to steer the country towards social and economic progress. With the vision of creang an inclusive society based on equity, jusce, EXP EXAMINE fairness and good governance, the CPD came OOK ECONOMIC K into being in 1993, founded by eminent K RESEARCH ONITORING Research economist and civil society leader Professor OK KNOWLEDGE Rehman Sobhan with support from premier K EXAMINE civil society and NGOs in Bangladesh. The CPD’s programme porolio has evolved through decades of monitoring, research, acvism and dialogue focusing on issues Publications crical to the country’s development. Our Mission To service the growing demand of the civil society of Bangladesh for a demand-driven and accountable development process by smulang informed debate, generang Dissemination knowledge and influencing policy-making & Networking through research, dialogue, disseminaon and policy advocacy.
    [Show full text]
  • CPF 2013 Assessment
    CPF 2013 Assessment April 2014 Contents 1. Executive summary ................................................................................ 3 2. Background .......................................................................................... 6 CPF 2013 ............................................................................................. 7 3. Rationale for assessment ......................................................................... 8 4. Objectives of the assessment .................................................................... 8 5. Methodology......................................................................................... 9 5.1. Sample and selection process .............................................................10 5.2. Limitations of assessment ..................................................................11 6. Findings ...........................................................................................12 6.1. Assessment of CPF 2013 against its three stated objectives ........................12 6.2. Appraisal of CPF 2013 against the Commonwealth Foundation’s performance framework ...........................................................................................14 6.3. Identification of challenges and practices to replicate ...............................18 7. Summary of findings ............................................................................20 8. Moving forward – defining principles for engagement ...................................21 CPF 2013 Assessment 2 List
    [Show full text]