W. A. Wijewardena,* delivering the Professor H A de S Gunasekara Memorial Oration 2018 — entitled “Sri Lanka’s Economy at a Crossroads: The Way to Rescue the Ailing Economy” …. also available at http://www.ft.lk/columns/Sri-Lanka-s-economy-at-crossroads–The-1972-76-Five-Year-Plan-and-its-diagnosis-of-economic-ailments/4-668469
ABSTRACT: Sri Lanka is at a crossroads today because it is snared in what is known as the middle income trap. It was easy for Sri Lanka to move up from a low income country to a lower middle income country by using its abundantly available cheap labour resources. However, moving up further to an upper middle income country was challenging since the country had to spend about 24 years in the lower middle income country category before making a breakout. Unless it attains an economic growth rate of about 9% per annum in the next 15 year period, it is unlikely that it will be able to beat the middle income trap. The way to do so is to produce for a market bigger than the market in Sri Lanka and supply goods that are demanded by that market. It requires the country to convert its production system from a simple technology based one to a complex technology one and join the global production sharing network to keep its presence in the market. The flipside is that these are challenging targets but not impossible since there are many countries that have done so with appropriate investment in science and technology leading to research, development and marketing.
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Sunil Vijayapala, in Email Memo to The Editor, Thuppahi …. partly a response to the article which SWR de Samarasinghe presented in three outlets including Thuppahi
A= There is no solution other than going for a general election, which might materialise.
B = Tourism is not a solid dependable income, it depends on so many factors – a single bomb going off in Colombo is all that takes to reverse the flow. Besides it’s all cheap shit arriving here – lower end tourists – hardly a good investment.
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SinhaRaja Tammita-Delgoda, in Eurasia Review, 7 September 2017, where the title is “Transforming South Asia: A Key To The Future ”
Commonalities are what we have in common. In most parts of South Asia the inheritance is common, shared origins, shared languages, shared religions and shared cultures. Yet in each case this common inheritance has diverged and taken its own unique path. This divergence has occurred at different times, in Sri Lanka it has taken place over millennia, in Bhutan and Nepal over several centuries, in India, Pakistan and Bangladesh it has happened during the 20th century. It is a history of common origins taking different shapes and forms with very different interests.
As South Asians we have a shared inheritance but do we have common interests? Do these common interests coincide with our national interests? Do our national interests converge? Where, when and at what cost? Only once we have achieved it can we seek transformation.
Hambantota Continue reading
Nicholas Brookes and Benjamin Golby in The Cricket Monthly, 19 November 2018, where the title is “In Colombo, three is not a crowd” …..
courtesy of the two authors, my new pals…. with some liberty on my part with reference to the title, the pictorial illustrations and the deployment of highlighting to aid understanding … and a few additional pictorial touches.
Learn more about the SSC, P Sara and the Premadasa and you will understand Sri Lanka a bit better as a country. Colombo has 3 active international cricket grounds. Indulgent? A triumvirate of venues when Kolkata, Karachi, Cape Town and Melbourne settle for a single ground; even London houses merely two.
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