Category Archives: Economy

“The government is not thinking of any alternative”: An Interview with Ahilan Kadirgamar

By Umesh Moramudali

Alliance for Economic Democracy (AED) is an organization formed by a group of persons who insists upon the importance of economic justice. Ceylon Today interviewed Ahilan Kadirgamar, a member of the AED, who in the course of the interview insisted how the possible outcomes of the IMF Agreement hurt the ordinary people of the country. Very often, when tax increases are suggested it is the indirect tax such as Value Added Tax (VAT) that increases, which hurts the public. Most importantly, in Sri Lanka 80 per cent of tax revenue come from indirect taxes such as VAT. That means the ordinary people will pay for it. It seems that, it is the ordinary people who pay for the government’s economic mismanagement, of the country. Continue reading “The government is not thinking of any alternative”: An Interview with Ahilan Kadirgamar

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Trade Liberalisation in a Time of Global Economic Crisis: Economic and Political Implications of ETCA – Ahilan Kadirgamar

Ahilan Kadirgamar
Ahilan Kadirgamar

“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 and chauvinistic mobilisations by the remnants of the Rajapaksa regime capitalising on our economic woes and linking it to fears about trade liberalisation. The political damage of the latter can be as deadly as the economic damage of the former. It was just a few years back that the Rajapaksa regime, to deflect attention from its economic failures, encouraged attacks on Muslim businesses and polarised the country.” Continue reading Trade Liberalisation in a Time of Global Economic Crisis: Economic and Political Implications of ETCA – Ahilan Kadirgamar

Ahilan on ‘Sri Lanka and the Global Economy’/ශ්‍රී ලංකාව හා ගෝලීය ආර්ථිකය ගැන අහිලන්

Ahilan Kadirgamar on Left Discourse -‘Sri Lanka and the Global Economy: ECTA, FDI and other options organized by Socialist Study Circle, held on Friday, 11 March 2016 at the Sama Samaja Piyasa

සමාජවාදී අධ්‍ය්යන කවයේ සංවිධානයෙන් පසුගිය මාර්තු 11 දින සම සමාජ පියසේ දී වමේ කතිකාව: ශ්‍රී ලංකාව හා ගෝලීය ආර්ථිකය:ඊසීටීඒ,විදේශ ආයෝජන හා අනෙකුත් විකල්ප යන මැයෙන් අහිලන් කදිර්ගාමර් (දේශපාලන ආර්ථික විද්‍යාඥ ) දැක්වූ අදහස් රමිඳු පෙරේරා විසින් එසැණින් කරන ලද එහි සිංහල පරිවර්තනය ද සහිතව පලවේ.

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 country’s constitution. The Government is also moving ahead on transitional justice processes to address the UN Human Rights Council resolution unanimously adopted in September last year. However, progress on both the constitutional and transitional justice fronts, which seem to have the consensus of both the President and Prime Minister RanilWickramasinghe coming from historically opposing parties, depends to a large extent on the country’s economic future. Given the President’s affinity to the rural economy and the Prime Minister’s championing of economic liberalisation, the new economic reform agenda is likely to shape the path of regime consolidation and influence the stability of the Government. Continue reading Sorrows of the Lankan Economy By Ahilan Kadirgamar