Month: October 2018

Lawmakers Who Don’t Understand the Law

by Dinesh
Apologies for the rushed manner of this post. It is difficult to play a game with someone who is willing to cheat. We saw this in 2004 when colluding with terrorists was considered a justifiable move by certain parties. It is even more difficult to play a game with players who don’t understand the rules ... Read More

Vehicles for the Rich

by Dinesh
This piece serves as a gambit to a relatively unpopular budgetary reform that should be pushed through. In Sri Lanka as in the rest of the world the vehicle is a status symbol. It’s role as a status symbol is however more pronounced in Sri Lanka. High duty, petrol costs, and realizable value in the ... Read More

What is Inflation Targeting?

by Dinesh
“Given that Sri Lanka is a twin deficit country, in terms of budget deficit and current account deficit, the chances that Sri Lanka attracting new money at this juncture is very minimal indeed. By increasing interest rates, we will not be able to attract new money or keep the money already invested.” Indrajit Coomaraswamy 02.10.2018 ... Read More