Category Archives: commoditification

Fashioning Sri Lanka’s Development: A Retrospective Overview

Godfrey Gunatilleke, being the final chapter entitled  “Hindsight and Retrospect – A Brief Commentary” in a new book Towards a Sri Lankan Model of Development, 2017 Marga Institute, ISBN 978-955-582-134-6 ….publications@margasrilanka.org

 

Introduction

“History has many cunning passages, contrived corridors”  This line from Eliot’s Gerontion is a good  starting  point to begin reflecting on Sri Lanka’s development after independence .  Retracing the development path that Sri Lanka took and pausing at every twist and turn to ask “What if we took another turn?” is always a fascinating  exercise . How useful it is in guiding us in our future actions is another matter. There are always lessons to be drawn from the successes and failures of the past. But when this is done we need to recognize the inherent limitations of an effort to learn from the past and project past trends to the future.  Eliot as a poet and Schumpeter as an economist found knowledge derived from past experience to be of limited worth in predicting how the future would unfold and enabling us to take control of it.  Eliot pointed out  that the past imposes a pattern and can falsify one’s vision of the emerging future as  “the pattern is new in every moment and every moment is a shocking valuation of all that we have been”   Schumpeter perceived how innovations and discoveries which were not  foreseen led to historic and fundamental changes  and  based his model of growth on the “creative destruction”of the past . Their insights about the “unpredictability” of the future has important implications and challenges for development policy and planning. Continue reading

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Ceylon Tea and Its Surrounds: Richard Simon’s Tour de Force

Michael Roberts, courtesy of Sunday Times, 16 July 2017, … http://www.sundaytimes.lk/170716/plus/an-invigorating-draught-250066.html

  

Sri Lanka. Aerial view of tea estate hillside.

Ceylon Tea is a must-read, must-absorb work of art. Its review of the history of tea in Sri Lanka is set in deep context – context historical, context political and context social. As such, it is a tour de force.   Continue reading

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High Tea at Canberra as Lanka’s Tea Trade stimulates the World Palate

News Item from High Commission — Canberra, 7 July 2017

The Global Ceylon Tea Party celebrating the 150th anniversary of Ceylon Tea got underway on 6th July with the first party in the Pacific region being held in Canberra at the  Sri Lanka High Commission. Specially identified Tea businesses, Tea traders, travel writers & firms and selected academics, officials, diplomats were invited to this unique event.

The programme commenced with a video presentation on the symbol of quality that is Ceylon Tea, and High Commissioner S. Skandakumar addressing the gathering with an overview of the long traditions to ensure the quality and standard that are synonymous with Sri Lanka’s tea industry which has put the country on the world map.

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Sri Lanka at the Crossroads of History in the Pre-Modern Past

Sri Lanka at the Crossroads of History

Sri Lanka at the Crossroads of History cover

Edited by Zoltan Biedermann and Alan Strathern | June 2017 Continue reading

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For Sri Lanka: Rajendra Theagarajah’s Exhortations to Canadian Tamils

Item in Lankareporter.com… https://lankareporter.com/blog/need-access-markets-not-handouts-expatriates-rajendra-theagarajahs-canada-speech/

Partner with us in Sri Lanka, not to build a social welfare state, but to build an entrepreneurially focused new Sri Lanka, was the message of Rajendra Theagarajah, Vice Chairman of Cargills Bank who was the guest of honour at the Canadian Tamils’ Chamber of Commerce gala and awards ceremony in Toronto. “No handouts, why not engage?” he said. He urged innovative Sri Lankan Tamil entrepreneurs in Canada to utilize hundreds of graduates each year produced by the University of Jaffna’s IT computing program and the new engineering institute of the North in Ariviyal Nagar, Killinochi.

Rajendra Theagarajah, Vice Chairman of Cargills Bank who was the guest of honour at the Canadian Tamils’ Chamber of Commerce gala and awards ceremony. (Picture by Gnane Gananedran)

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Volatile and Grim Economic Prospects for Sri Lanka: Three Voices

Sam Bresnick, in Daily News, 19 June 2017, with title “Economic Endeavour : Uncertain Road to Recovery” … with highlighting being the work of The Editor Thuppahi

It is no secret that Sri Lanka is currently navigating choppy economic waters as it shifts strategies in an uncertain moment in the world economy. The move towards private sector-led growth and away from public sector-sponsored development is, according to several economists, necessary given the government’s debt situation. But that does not mean that the transition has been seamless or easy. On the contrary, Sri Lanka is going through growing pains as it tries to jump start its export industry and attract foreign-direct investment (FDI).

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Effrontery …. or Bust !!!

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