The inevitability of the banana republic
By Sasanka Perera
Sri Lanka has been a ‘banana republic,’ for quite some time, and clearly so throughout the oligarchy of the Rajapaksas. Formally, a banana republic is “a small country that is economically dependent on a single export commodity, such as bananas, and is typically governed by a dictator or the armed forces.” (http://www.thefreedictionary.com/banana+republic).
But in our case, the fate of the citizenry is far worse tha