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[…]The post Go Set A Watchman appeared first on Colombo Telegraph.
Survey reveals deep-rooted Mercantilism and total lack of classical economics
A study has revealed that 9.6 million people of Sri Lanka are currently suffering from poverty, Prof. Wasantha Athukorala of the Department of Economics and Statistics at the University of Peradeniya says.
On 05 October, 2022, The Island carried an article by Dr C. S. Weeraratna with the title “Deteriorating rural economy, and food Security”. On reading this, I was motivated to send a chapter from the biography of D. S. Senanayake by H. A. J. Hulugalle titled ‘The Vision Splendid.’ The book has much more information […]
The Monetary Board, with the concurrence of the Minister of Finance, has promoted Mrs. K M A N Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL). Mrs. K M A N Daulagala has over 31 years of service at […]
[…]The post Are The IMF & Ranil Wickremesinghe Neoliberal? appeared first on Colombo Telegraph.
A trio of U.S. economists including Former Federal Reserve chief Ben Bernanke won this year s Nobel Economics Prize on Monday for research on how propping up failing banks can stave off an even deeper economic crisis.
[…]The post Economic Crimes & The Challenge Of Community Medicine Practitioners appeared first on Colombo Telegraph.
(Al Jazeera) French author Annie Ernaux, known for her deceptively simple novels drawing on personal experience of class and gender, has been announced as the winner of the Nobel Prize in literature.Ernaux was honoured “for the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory”, the jury […]
This currency crisis and banking crisis were originated firstly by policy mis-management from the central bank
[…]The post Ranil’s Debt Driven Growth Strategy appeared first on Colombo Telegraph.
The people who raised their hands when these policies were made are now blaming us
In India, religion and socialism commingle and collide.
[…]The post Futility Of “Ranilnomics” Without Systemic Change appeared first on Colombo Telegraph.
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
We must first set ensure that politics is led by economics and science, and not the other way around.
By Dr UPUL WIJAYAWARDHANA On Friday 23rd, the British Chancellor of the Exchequer was billed to present a mini-budget, but what he actually did took everyone by surprise, as it was a budget and half! It was full of tax cuts including the reduction of the basic rate of income tax from 20% to 19%, […]
Country's financial literacy has been low and many rural investors had to leave with empty hands in 2011 market collapse
India and Sri Lanka are to increase cooperation in education and skills training, the High Commission of India in Colombo said. The High Commissioner of India to Sri Lanka, Gopal Baglay, noted India’s endeavour to help Sri Lanka in the education sector, including in higher education through partnership between higher education institutes in India and […]
The Central Bank of Sri Lanka co-hosted the CBSL-ADBI-APAEA Online Macroeconomics Conference for the third consecutive year, in collaboration with the Asian Development Bank Institute (ADBI) and the Asia-Pacific Applied Economics Association (APAEA), on 23 September 2022. This year’s theme remained
[…]The post Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers appeared first on Colombo Telegraph.
[…]The post The Problem Of The People appeared first on Colombo Telegraph.
[…]The post A Common Perspectival Framework For A Center-Left Re-Groupment & Revival appeared first on Colombo Telegraph.
The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world’s largest economy. The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Borrowing costs are […]
[…]The post Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance appeared first on Colombo Telegraph.
From a philosophical point of view, Islamic financial markets are actually risk-sharing stock markets with moral issues defined by the shariah. So far, few Muslim countries have used stock markets to make social change. A third way, therefore, is already technically feasible. All it takes is some courage to think and act ou-of-the-box. By ANDREW […]
[…]The post A Tribute To Winitha (Winifred) Fernando appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Part II appeared first on Colombo Telegraph.
By Stella Yifan Xie HONG KONG—The sharp slowdown in China’s growth in the past year is prompting many experts to reconsider when China will surpass the U.S. as the world’s largest economy—or even if it ever will. Until recently, many economists assumed China’s gross domestic product measured in U.S. dollars would surpass that of the […]