SG4: Who are the players that influence economic change in places? A focus on Sri Lanka Flashcards
What is a player?
A person, a group of people, organisation or government who have an interest/ influence in a particular change in a area, development or business.
What were the environmental characteristics before economic change in Sri Lanka?
Colombo had a poor image as a polluted and congested city with sprawling USS.
What were the demographic characteristics before economic change in Sri Lanka?
The population had increased by x9 since 1871.
Rapid ageing population.
What were the cultural characteristics before economic change?
Sinhalese form approx. 3/4s of the population and are mainly Buddhists. Tamils are the minority population who are mainly Hindus.
What were the socio-economic characteristics before economic change?
The agricultural sector was important with plantations growing cash crops such as tea, rubber and coconut.
Most industry involved processing these export commodities from plantations.
Proceeds from agricultural exports were then used to buy manufactured goods from other countries.
What economic change has taken place in Sri Lanka?
2014- Primary sector:29%, Secondary sector: 26% , Tertiary 45%
WORLD BANK, who are they?
Like a cooperative, made up of 189 member countries. These member countries or shareholders are represented by a board of governors, who are the ultimate policymakers at the World Bank.
WORLD BANK, what role did they play?
Improving the country transition to a global integrated economy and better paid jobs. Promoting opportunities for everyone e.g. improving the poverty in urban areas.
WORLD BANK, what were they results?
- The work informed a Skills Development Project, approved in May 2014, which aims to expand the supply of skilled and employable workers by increasing access to quality and labour market relevant training programs.
- A total of 552 active loans
- Sub loans amounting to $24.3 million
- Education: the survival rate of students through grade 11 is 84%. During 2012- 2013 about 24,000 students are enrolled in schools.
ASIAN DEVELOPMENT BANK, who are they?
A financial institution that maintains 31 field offices around the world ti promote social and economic development in Asia. Headquarters in Philippines.
ASIAN DEVELOPMENT BANK, what role did they play?
ADB’s inter country partnership strategy 2015-2016 for Sri Lanka builds on the 2012-2016 strategy that includes the agriculture, natural resources and rural development as major sectors to strengthen the country’s growth.
ASIAN DEVELOPMENT BANK, what were the results?
- Two million people were provided access to safe water
- 189,234 new households given electricity connection
- 2 million students benefiting from new or upgraded physical educational facilities.
- 2450 kilometres of expressways and national highways
- 32000 teachers trained who are likely to improve teaching practices and support.
TNC’s: NESTLE, who are they?
Nestle is a swiss company in food, beverage, nutrition and wellness business. Nestle helps consumers lives by not only offering the best taste and pleasure but also the best nutritional profile in it’s category as part of a healthy lifestyle.
TNC’s: NESTLE, what role did they play?
Improving the lives of Sri Lankans to live a healthier lifestyle in order to get sufficient amount of dairy in their lives.
TNC’s: NESTLE, what were the results?
- Nestle has introduced new standards of sustainable faming
- 3000 dairy farmers benefitted form training on modern technologies to produce more milk
- 10000 coconut platelets were donated to 2000 farming families.
- Wellness pledge to live an active lifestyle and campaign to educate on nutrition and the importance of physical activity.
- Nestle contributed Rs 6 billion to the local dairy.
