Coase Archives


Last week I had the opportunity to speak to the leadership (200+) of one of Sri Lanka’s largest conglomerates at their quarterly meeting. I decided to anchor my talk on research LIRNEasia had conducted over the past years that had relevance to the company. We had drawn inspiration from a finding of the Growth Commission, co-chaired by Michael Spence, in developing our research. This was on the importance of connecting to global value chains. It is difficult for a smallholder or a micro enterprise to connect to a global value chain directly.