The Vol. 01, No. 01 of the Sri Lanka Journal of Advanced Social Studies is published by the National Centre for Advanced Studies in Humanities and Social Sciences. Articles included in this issue: Corporate governance reforms in Sri Lanka - by Samanthi Senaratne. Public expenditure reforms and rural poverty in SL - by B.M. Sumanaratne. The effects of public welfare policies on rural poverty in Sri Lanka: A logistic regression analysis - by W.M. Semasinghe. Housing market in metropolitan Colombo: New trends - by Chandrasiri Niriella, Public expenditure reform and rural poverty in Sri Lanka: A logistic regression analysis- W. M. Semasinghe