Category Archives: economic processes

Sam Samarasinghe’s Postscript to the Raging Debate in Colombo Telegraph on His Previous Essay

 Sam Samarasinghe aka Stanley WR de Samarasinghe, with this NOTE in Colombo Telegraph: Some of you may have read my article titled “A Way Out of the Crisis to Save Sri Lanka’s Democracy” that appeared in the Colombo Telegraph on December 7th. It elicited a fairly significant response. The format of Colombo Telegraph allows for dialogue and discussion of a topic. Making use of that I prepared a response partly to answer some issues and questions that some of the correspondents raised. Colombo Telegraph has published my response. …. A Response presented here with highlighting emphases imposed by The Editor, Thuppahi

I am thankful to all those who contributed to the dialogue following my article published in the Colombo Telegraph on December 07. I will not attempt to respond to individual comments. But taken in its totality the discussion raises some important issues relating to governance in Sri Lanka in the context of the present crisis.

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Rescuing Sri Lanka’s Ailing Economy: Pathways Now

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’s Terse Comments on the Crisis in Lanka & the Samarasinghe Article

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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Pathways towards the Transformation of South Asia

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.

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The Grim Prospects Sri Lanka Faces Today

SWR de  “Sam” Samarasinghe, Island, 3 December 2018, where the title reads  The Crisis in Governance: Likely Economic Consequences and the End Game” ….. Also presented in Colombo Telegraph, https://www.colombotelegraph.com/index.php/the-crisis-in-governance-likely-economic-consequences-the-end-game/

The crisis of governance that Sri Lanka is currently facing is unprecedented in post-war Sri Lankan politics. Two individuals claiming to be prime minister and one major party boycotting parliament illustrate the point. There is no need to recount in detail the events of the past five weeks that are publicly known. The purpose of this article is to note some of the serious implications of this crisis for the economy of the country and to stress the importance of resolving the crisis in a manner that would reverse these adverse trends.

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The Political Tussles behind the Cricketing Grounds in Colombo, 1945-2018

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.

AFESPN Ltd

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BRISLA AWARDS: …. with Lord Michael Naseby in the Frame

“British Sri Lankan community promote social integration at Lord’s Cricket Ground” … 30 October 2018,….. http://www.ft.lk/sports/British-Sri-Lankan-community-promote–social-integration-at-Lord-s-Cricket-Ground/23-665675

A local optician who is passionate about supporting the Sri Lankan community in the UK united with Altair, a real estate company based in Sri Lanka, to host the BRISLA (British Sri Lanka Association) Awards on 13 October at the Long Room, Lord’s Cricket Ground.  Host of the evening, BRISLA Chair and Specsavers New Malden Director Dr Zimar Sivardeen rubbed shoulders with special guests and dignitaries, who made an appearance at the awards to show their support to BRISLA and the award nominees’ contributions to society. With the support of Indocean Developers Ltd. and Altair as Platinum sponsors, the BRISLA Awards celebrated local champions who embody BRISLA’s mission to achieve a cohesive, fair and prosperous society. Those shortlisted ahead of the evening were able to demonstrate to BRISLA how they had excelled in this quest, and rightly earned their right to attend the prestigious awards, thanks to their fantastic work within their own sphere.  

224 Views / Tuesday, 30 October 2018 00:00


From left: BRISLA Secretary & Meta Defence Labs UK & Sri Lanka MD Chani Simms, BRISLA Treasurer Michael McKay, Leicestershire Cricket Club CEO Wasim Khan MBE, Lord Naseby, President of The College of Ophthalmologists Michael Burdon, BRISLA Publicity Officer Vigneswara Kumar, BRISLA Chairman Dr. Zimar Sivardeen

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