Knowledge Economy in Sri Lanka: A Development Perspective

Prof. Sampath Amaratunge, PhD

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2

Kondratieff Wave

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Source: World Bank

4Source: World Bank

Internet Users (per 100 people) 2010: ICT Index

5Source: World Bank

6Source: World Bank

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ICT Infrastructure Improvement Over Time – 1995 Vs 2009: ICT Index

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Education and Higher Education Expenditure as a Percentage of GDP

Source: UGC

Royalty payments and Patent Count[2011]: Innovation Index

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Country Royalty payments (2010) in US$

Patent Count (2010)

SL 0.00 66India 2,437,500,663 5,939China 13,039,546,459 12,794Malaysia 1,133,119,333 1.552Bangladesh 24,317,019 2

Source: World Bank

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Country GNP Pc

Us $

Life Expectancy Rural Pop [30y] % Change

Low Income 520 60 -13.75

Middle Income 3,978 70 -18.18

Lower Middle Income 1,750 69 -12.50

Sri Lanka 2,375 75 -1.28

Upper Middle Income 6,218 70 -46.67

Lower and Middle Income 3,500 65 -15.28

East Asia and Pacific 3,864 70 -18.52

Europe and Central Asia 7,542 70 18.75

Latin America and Caribbean Island

8,530.4 70 -41.86

Middle East and North Africa 3,281.3 69 -28.81

South Asia 1,322 64 -11.11

Sub-Saharan Africa 1,286.2 47 -18.52

High Income 38,171.2

78 -14.81

Europe EMU 32,366 78 -24.14

Sri Lanka Comparison[2010]

Source: World Bank

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Sri Lanka Comparison with some NICs

Country 

Per capita Income in US $

1960 2003 2004 2005 2006 2007 2008 2009 2010

Sri Lanka 141 950 1,070 1,200 1,350 1,540 1,780 1,990 2,290

Thailand

96 2,060 2,360 2,580 2,860 3,240 3,680 3,780 4,210

South Korea

156 12,680 14,830 16,900 18,950 21,200 21,580 19,830 19,890

Malaysia 276 4,160 4,740 5,200 5,720 6,420 7,270 7,340 7,900

Source: World Bank

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Sri Lanka Comparison with BRICs

Source: World Bank

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Average Growth Rates

Period GDP Agriculture

Industry Services

1951-60 3.4 2.5 3.3 4.1

1961-65 3.6 2.9 1.8 4.6

1966-70 5.3 4.5 12.7 4.3

1971-77 2.9 2.3 8.6 3.7

1978-04 4.5 1.8 5 5.6

2004 -10 6.2 4.2 6.8 6.4

Source: Central Bank of Sri Lanka

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Shares of Value Added by Agriculture and Industry

Source: Central Bank of Sri Lanka

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Contribution to the Balance of Payments

Source: Central Bank of Sri Lanka

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Net Exchange Earnings in Agriculture ( Rs. million)

Source: Central Bank of Sri Lanka