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Text of an inaugural presentation at the Fifth South Asia Economic Summit on Making Growth Inclusive and Sustainable in South Asia.


Islamabad, 11th September 2012

I am grateful to the Sustainable Development Policy Institute of Pakistan for inviting me to this Summit, and giving me an opportunity to discuss its theme in relation to Sri Lanka. As you are aware, Sri Lanka recently came out of decades of conflict which had impaired economic development, and in particular the promotion of equity in such development.

Comparatively speaking Sri Lanka in fact did reasonably well with regard to growth, except when there were grave problems, as in 2001. However that growth was lopsided, with almost all the increase in wealth that has propelled us upward from being a low income country into middle income status occurring in the Western Province. Since it was such lopsided development that contributed to a series of youth insurrections in the last four decades, it is vital that we correct this imbalance if we are not to face further disruptive unrest in the future.

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Rajiva Wijesinha

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