“Sri Lanka today also faces two dangers in relation to the deflationary global economy. First, the danger of a foolish move by the Government to open up trade, precisely when there is over production and falling prices in the global market that could undermine production within the country. The other danger is the increasingly xenophobic…
'kathika' social, cultural and political review
Tagged financialisation
Sorrows of the Lankan Economy By Ahilan Kadirgamar
It is one year since Sri Lanka witnessed a dramatic regime change and the country has just stepped into a make or break year. How it crafts its political and economic vision now will profoundly impact its future. Exactly a year after his election, President Maithripala Sirisena has initiated a welcome process to rewrite the…