Human capital is a central determinant of economic well-being and social advancement in the modern world economy. The concept of human capital covers the knowledge, skills, nutrition, and health that people accumulate over their lives, enabling them to realize their potential as productive...

This study employs the pseudo-panel approach to estimate returns to education among income earners in Sri Lanka.  Pseudo-panel data are constructed from nine repreated cross-sections of Sri Lanka’s Labor Force Survey data from 1997-2008 for workers born during 1953-1974.  The results...

Despite internal conflict and the global financial crisis, Sri Lanka has made remarkable progress in the past decade, enjoying healthy economic growth and substantially reducing poverty. Moreover, Sri Lankans are the best-educated people in South Asia: the country has a 98 percent literacy rate,...

The authors characterize poverty in Sri Lanka, using data from two recent household surveys (for 1985-86 and1990-91). Poverty rates in 1990-91 were highest in the rural sector and lowest in the estate sector, with the urban sector in between. Between 1985-86 and 1990-91, national poverty...

Routine"quick-and-dirty"methods of project appraisal can be so dirty in guiding project selection as to wipe out the net social gains from public investment, contend the authors, illustrating their point with a case study of irrigation projects in Vietnam. They test a common quick-and-dirty...

The past few years have seen great progress in the area of poverty measurement, both in terms of the development and consolidation of best practice, and in conceptual and methodological advances. This study examines poverty measurement in Sri Lanka against the backdrop of these developments,...

Vietnam's ethnic minorities, who tend to live mostly in remote rural areas, typically have lower living standards than the ethnic majority. How much is this because of differences in economic characteristics (such as education levels and land) rather than low returns to characteristics? Is there...