by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...

[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

Cassandra was struck by three untruths (lies if the real term needs to be used) spluttered out this last week. The Island on Thursday June 1 carried this headline on page 1:” Aragalaya group behind project to cause religious disharmony.” That is a blatant lie for the very simple reason that one feature the Aragalaya […]

[…]The post 182 Experts Call For Debt Cancellation But Private Investors Play Hardball appeared first on Colombo Telegraph.

Institutions remain the most important factor for strengthening productivity and the investment climate in a country. Good governance, rule of law, and socio-political stability are crucial determinants of long-run economic growth. As famously described by Douglas North, “Institutions are the rules of the game in a society; more formally, they are the humanly devised constraints […]

REUTERS: Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday. Another flare-up of the eurozone sovereign debt crisis or sharp escalation in oil prices on geopolitical uncertainty could disrupt a world ...

Most think nation's economy is improving, but many have a gloomier view about the situation closer to homeGloria Lamar sees signs that the nation's economy has taken a turn for the better. Her 401(k) retirement fund is recovering. Her job is stable. Last June she even felt confident enough to buy

Reuters: Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief Asia ...

SINGAPORE (Reuters): Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief ...

by Ranil Wickremesinghe By the 4th century BC, Asia had begun its first cycle of economic growth and power. This was the reason why Alexander the Great decided to travel eastward to establish an empire. At that time there was...

by M.S.Shah Jahan “The Saudi sponsor, who is over 60, suffers from heart conditions. The sponsor’s doctors have advised him to do only 25 percent of his normal work because of his weak heart....