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.
Today I had the opportunity to speak at two hallowed British institutions: the London Stock Exchange founded in 1698, and now at the Oxford Union born in 1823. Many Sri Lankans educated at Oxford have made an impact in Sri Lanka. Among them were two Presidents of this very Union – my colleagues – Lalith Athulathmudali – we studied at the same school, we entered Parliament at the same time in 1977 and we sat in the same Cabinets. Lakshman Kadirgamar, who like me, studied for the LLB at the University of Colombo, and then came to Balliol. They were both Presidents of the Union in the Hillary terms of 1957-58 and 1958-59, respectively, and both their lives were cut short by the violence perpetrated by the LTTE.
Editor, NewsinAsia, 22 June 2018, where the title reads ” Sri Lanka’s Hambantota Port aiming to attract $500 mn worth of investments
Colombo, June 22 (Daily FT) – As China Merchant Port Holdings Ltd. (CM Port) completes the final tranche of payment for the Hambantota Port joint venture, the public-private partnership is now aiming to attract as much as $ 500 million worth of investments to set up plants inside the port as well as general operation expansion.
Hambantota International Port Group (HIPG), the joint venture company formed by the Sri Lankan Government and CM Port, has already received 15 proposals to set up plants inside the port, Ports Minister Mahinda Samarasinghe told the media yesterday at a press conference held at his ministry.
Re-virginising: From an Australian clinic’s advertisement offering hymen repair surgery, or hymenoplasty
Many women approach us to have their hymen re-instated for social, cultural and religious reasons. Many women’s hymens may have inadvertently broken through strenuous sporting and vigorous activity. We have been performing this simple procedure for many years.
The Wonder Down Under: A user’s guide to the vagina by Ellen Stokken Dahl and Nina Brochmann.
Helen Rumbelow, courtesy of The Australian, 19 January 2018, where the title runs “The Vagina Myths Exposed” ... with emphasis in highlights added by The Editor Thuppahi
It is nice that little boys are so proud of their penises. It’s an enthusiasm that never goes away: a lifetime bromance of “check out this little chap” swagger. Their wrinkly tube of erectile tissue gets to be a wingman, with a name, a personality and a lot of reflected glory. Could women ever feel this fantastic about their genitals?
Thuppahi's Blog · This web site presents the interventions of MICHAEL ROBERTS in the public realm with reference to Sri Lankan political affairs. It will embrace the politics of cricket as well. ROBERTS was educated at St. Aloysius College in Galle and the universities of Peradeniya and Oxford. He taught History at Peradeniya University and Anthropology at Adelaide university. He is now retired and lives in Adelaide.