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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Donald Trump was invited to address a major gathering of the American Indian Nation two weeks ago in upstate New York. He spoke for almost an hour about his plans for increasing every Native American’s present standard of living. He referred to how he had supported every Native American issue that came to the news media. Although Mr Trump was vague about the details of his plans, he seemed most enthusiastic and spoke ‘eloquently’ about his ideas for helping his “red sisters and brothers.” At the conclusion of his speech, the Tribes presented him with a plaque inscribed with his new Indian name, “Walking Eagle.” The proud Mr Trump accepted the plaque and then departed in his motorcade to a fundraiser, waving to the crowds.
A news reporter later asked the group of chiefs how they came to select the new name they had given to the Presidential Candidate.
They explained that “Walking Eagle” is the name given to a bird so full of shit it can no longer fly.
Rohan Pethiyagoda, Daily News. 6 December 2018, where the title is “Wickrema Bida Adieu“
Sri Lanka is the poorer due to the passing away last Tuesday of Dr Wickrema Sena Weerasooria. There were so many aspects to his life, and he was so many things to so many people, that it is difficult to know where to begin. Most Sri Lankans who can yet recall the J.R.Jayewardene presidency remember Wickrema as the all-powerful Secretary to the Ministry of Plan Implementation, one of the few ministries of which the President was the subject minister.
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Camelia Nathaniel, in Daily news, 14 Marhc 2018 where the title runs “Mine free by 2020: Sri Lanka heading towards becoming a landmine free country: Lanka heading towards becoming a landmine free country:”
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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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