On May 12, 2022 Sri Lanka’s President Gotabaya Rajapaksa shocked the nation and world by announcing the appointment of Ranil Wickremasinghe as Prime Minister.
Read MoreIncreasing inequality is a political economic issue affecting countries across the world. Inequality has been a pervasive feature of modern society. Inequality can be broadly categorized into income and wealth inequality.
Read MoreThe previous editorial analysed the political situation in Sri Lanka in April 2022. This editorial will analyse changes in the political situation since. The fundamentals remain the same: the economic crisis continues with no indication that it is going to be resolved anytime soon.
Read MoreIt is apt that this editorial discusses and analyses the unprecedented political situation Sri Lanka faces at the moment. An unprecedented economic crisis has shaken Sri Lanka with the price of essential goods and fuel and electricity shortages.
Read MoreSri Lanka has recently been struck by a wave of mass protests and demonstrations throughout the country, in anger at the incumbent Rajapaksa administration led by President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa. On Thursday night, March 31, thousands of protestors gathered outside the President’s house in Mirihana.
Read MoreThe 2019 presidential elections in Sri Lanka were held on the 16th of November 2019.The election was hard fought and many promises were made by the respective campaigns. Gotabhaya Rajapaksa emerged as victorious and with the subsequent appointment of Mahinda Rajapaksa as Prime Minister, it was clear that the Rajapaksas were back in charge.
Read MoreThe present economic crisis is at its core political, and the Sri Lankan government appears to be groping blindly in the dark. This political crisis is evident in the country’s foreign policy as well, which remains largely reactive and short-term and inflected with domestic nationalist ideology. The urgent need for foreign reserves may make the country’s foreign policy look more balanced and diversified when in reality it is making the country more vulnerable in an increasingly unequal relations
Read MoreThe rule of law is a complex and critical principle of governance. The late Thomas Bingham, a Supreme Court Judge in the United Kingdom wrote a prominent book on the rule of law. In this book, Bingham clearly and concisely unpacks this elusive concept which has over time become a stock phrase in the legal profession. In this seminal work, Bingham sets out 8 principles which constitute the rule of law.
Read MoreHow do we manage communications in a cyber empowered society?
Read MoreToday, national economies are measured based on their trade. Therefore, what is not traded does not make it to the national income. This was succinctly captured by Nobel winning economist, Economist Paul Samuelson, who joked that if a man marries his maid, GDP falls. A man pays a salary to a maid, but if they marry, then the maid becomes his wife, and no salary is paid. It is not an old-fashioned gender stereotyping, but a harsh criticism of the nature of GDP. It does not see the real value of
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