Sunday, June 8, 2014

Sri Lanka’s Governance Scorecard: The declining indicators should ring warning bells for everyone

Real growth should improve quality of life-Sunday 08th June 2014
All countries aspire to attain high economic growth in the belief that high growth will improve the welfare of the people. For instance, Sri Lanka’s avowed economic goal has been to double the per capita income or PCI from $ 2,000 six years ago to $ 4,000 by 2015 and increase the size of its economy from $ 67 billion in 2013 to $ 100 billion by 2016.