25 May, 2024

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Management Of A Country Relies Upon True Economic Policies

By Rehan Fernando –

Rehan Derrick Fernando

Preamble -[Introducing a series of theories]

This article entirely focuses on rediscovering some true economic policies for better management in Sri Lanka. Perhaps it can be quite essential to use in other countries that are going through a massive economic bancroft. Sri Lanka has not received proper personalities and workable economic policies though there have been educated persons in this area. Sri Lanka as a body lives without a head, which is none other than a “progressive economy.” Any relevant management of a country must have a progressive economy. If an economic policy in a country does not face due changes or remarkable changes, it implies a dark Bancroft in that country. Sri Lanka entirely depends on foreign aid and loans, which provide wings of destruction in the future to fly and disappear at an unexpected hour. I am not only aiming to clear some clouds of confusion that were purposely created but also to introduce better economic policies as solutions.

Dust economy

This is the economic policy that exists all over the world, which is controlled by the most dominant hands of capitalism. Such dominative economic power holders keep many poor countries under their shoes eternally. Therefore, such poor countries will walk on dusty roads permanently smelling its ugliness. The dust economy is being forced by powerful hands. The major forces of the dust economy are as follows:

* mass killings/massacres
* underworld and illegal businesses
* government-supporting mafia
* political manipulation
* third-class media promotion and so on.

Dust economy was not only introduced by oppressors but also sub-oppressors who were first smelling its dusty ugliness. Domitive hands have used such powerless people to control helpless and voiceless people and keep them as slaves. Even the US which speaks of so much greatness has fallen into this category. It is a professional manipulation and cunning hypocrisy.

Sensational economy

This is another category that excludes the poor. This type of economic policy is being made to promote business sensational stuff. The port city in Sri Lanka belongs to this category, which is a classic example. The powerful hands always seek opportunities to enjoy the country’s economy for their gain and game. Therefore, a sensational economy fulfills the mammon desires of the powerful. Pleasing the public through sensational economic policies is the priority of the government, and the uneducated people, especially rural villagers willingly supported such types of economic policies to satisfy mere desires. This type of sensational economic policy was started by Mahinda’s regime from 2005 onward. Later on, the victory of 2009 warfare was sold in every nook and corner to please the public. Unfortunately, a sensational economy is being promoted by the most oppressed class in any country. I have seen this process happening in Cambodia, Peru, Mexico, Myanmar, Thailand, Laos, and Vietnam.

Empty-box economy

This economic policy clearly shows that a country has no proper economic plan. India would have been in massive trouble if Manmohan Singh had not arrived to raise the basic failures that India went through regarding economic development in the early 1990s. India already was in an empty-box economy. What Sri Lanka goes through currently is precisely what India went through before the 1990s. Singh made it clear even after the changes of several governments, India would continue with a primary economic structure. It has come true if somebody is seeing through many economic projects today.

Further, an empty-box economy does not provide an ideological foundation for a solid economic structure since it comes from uneducated hands. It is quite dangerous more than it comes from the powerful. When uneducated people handle such positions to create economic policies, a country will automatically sink into deep water. Sri Lanka is lacking better-educated men and women to change this burning issue. The problem is the instability of political power and terrorism of the parties that promote the mafia in the country.

Additionally, the empty-box economy is equal to the tea-break economy. The powerful people would think of economic policies at their tea break, which does not provide any facilities for the poor in the country. The oppressed class would have tea on the road while working or thinking of their future. So, it’s been a matter of always worrying without solutions. Whereas, the dominative people enjoy their tea merely remembering the economy once they gain their profit. That is also for a pleasure-oriented moment.

Common good economy

This is the economic policy that a country needs for better social change and management. As Joseph L Massie identifies the functions of management such as decision-making, organizing, planning, controlling, communicating, and directing can be helpful in this process.1 Common good economy always focuses on the equality and smooth functional processes of a society amidst failures and weaknesses. No theory can be worked out perfectly but this theory could achieve good possibilities where citizens can work hard for their achievements. A steady economic policy should fulfill people’s desires and expectations in which they a life of happiness but not suffering.

There is a multi-task to be done in the common good economy. It is as follows;

# improving national products

# Providing due facilities to uplift village-level efforts in the economy

# Providing due updating education according to the needs of the country

# Elders and differently able people are to be well treated via the country’s income

# Freedom of speech and thoughts to be given to develop critical thinking

# demolishing all political governing policies and reintroducing better political management policies

Concluding remarks

The majority of Sri Lankans suffer not only because of their uneducated choices but because of their willingness to suffer with political governing policies that they have supported in appointing hundreds of thugs, rapists, robbers, illegal businessmen, etc. When the economy and its policy-making process fall into uneducated men and women who govern a country, crises take their wings to fly in every nook and corner.

The economy of a country must always be with management. If management is not a part of the economy, there are always unending crises and conflicts. What Sri Lanka goes through is nothing but the misuse of the economy with poor managing bodies.

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Latest comments

  • 5
    4

    I would like to suggest that the writer go through a language editor before submitting for publication. That way, his messages would be better understood by readers. Yes, Sri Lanka needs a head, but more than that a network of committed activists at grassroots level so that people can be educated and made aware of the dirty corrupt political games and exploitation, thus helping to overcome it through a concerted uprising against oppression. This will be a popular, legal and legitimate (in international human rights law) revolution where the grossly corrupt political system that has destroyed the country is dismantled, along with its enablers in the corporate classes. That is the most important priority now.

    • 4
      1

      It has been well edited. I never ever send for publication without editing. If you cannot understand the content , that’s because of your problem.

      This is not the first time I am writing to CT.

      • 4
        0

        It is interesting to see the author’s recommendations:
        # improving national products
        What are our exportable “National products” ? In pre-colonial times, elephants, spices, rice , A feudal subsistence economy at best. Then it became stable as a plantation economy, but with glaring wealth disparity. Post-independence tinkering with each change of regime, coupled with loan dependence led to our present mess.
        # Providing due facilities to uplift village-level efforts in the economy. That depends very much on whether the villagers stay in their villages. Who are we to tell them not to come to Colombo?
        # Providing due updating education according to the needs of the country. Yes, this is the key. The “needs of the country ” are not the same as the needs of voters. Voters want subsidies on everything but low taxes too. True education cannot work while children are brainwashed by mendacious clergy. How can students develop critical thinking when they are taught to worship teachers or clergy? When religious dogma trumps science or history? I might add that loan dependency is a negative trait of the majority community, as well as a tendency to live beyond their means, and this is reflected in state policy. It is the culture that has to change.
        # Freedom of speech and thoughts to be given to develop critical thinking. I think there is a bit too much of that nowadays, with so many YouTube pundits talking at cross purposes.

        • 1
          0

          old codger,
          – ‘That depends very much on whether the villagers stay in their villages’.
          You have said this lightly. It has much weight.
          The countries prosper when they develop the countrysides.
          We had beside Colombo, Kandy, Galle, Jaffna, N’Eliya, Trinco, …. .
          Pettiness has killed just not towns but the people along with.

          • 1
            0

            Nathan,
            “We had beside Colombo, Kandy, Galle, Jaffna, N’Eliya, Trinco, …. .”
            Yes, Colombo-centric development has stunted other places.
            Interesting fact : Kandy is not the no.2 city. It’s Dehiwala- Mt. Lavinia.

            • 1
              0

              If I may interject, you are looking at Greater Colombo!

              • 0
                0

                Nathan
                Dehiwala-Mt Lavinia is a Municipality, so, technically a “city”.

      • 4
        0

        T,
        /
        First things first. We can talk about real economic policies, but so long as people and their representatives, be it politics or authorities, are not genuine to them or true to them, all they continue to be will be like sand castles on the beach. Many Sri Lankans do not respect facts. .
        /
        All Sri Lankans should see the truth as the truth. Those media whorehouses should be publicly banned. I think we can do it easily if lawyers and judges stand up and take the lead. If people cannot see the truth by themselves, they should be guided by regular workshops.
        /
        The law and order problem should be solved by everyone working together. It should be taken as the main part of the questions. Today’s law and order should be rectified without delay.
        /
        Lawyers and judges must understand their responsibilities as sworn before their approbations. They should be guardians of its people. As long as they behave like SLOTHS in the Amazon, any criminals can breed them like termites.
        /
        what a nation, whose prison guards work together with prisoners that were jailed being caught by high cirmes, drug trafficking incidents ????????????????
        /
        Nandamalini as a singer sang good songs recalling the law and order situation in this country.
        https://youtu.be/QamTC-iFgm8?si=CNNiPMTso6VVYojs

  • 3
    0

    The conclusion says it all. The question is, who among the current set of politicians are able to ‘manage’ the country? Premadas jnr. is portrayed as an educated intellectual with international exposure but so far in his political career, I can’t think of a single contribution to confirm that description. We had educated GL who was happy to prostitute his integrity & many so-called intellectuals & professionals in GR’s ‘viyathmaga’ bunch but nothing beats MR’s band of jolly yobs & punks who have bled the country with the ‘sensational economy’ promises as described by the author.

    AKD’s speech in Los Angeles recently, speaks of a party with genuine & honest patriot membership who would not take a cent of public money for themselves. Encouraging indeed but he falls short of naming his key Ministers in a JVP/NPP govt. unlike the ‘shadow cabinet’ of the UK Labour party, from whom voters can ask specific questions relating to their portfolio. As for the economy, he thinks the recovery of syphoned out wealth would solve the debt problem & the elimination of corruption will automatically improve the economy. Wishful thinking or ’empty box economy’ described in the article?

    • 10
      0

      Raj-UK
      Read your most Important question on ‘Managing the Country’!!!??? Very good but have NO answer!? On the contrary,
      My question is whether Sri Lanka and Sri Lankans have a Plan like the one below:
      QUOTE:
      A Kremlin source alleged that Vladimir Putin died over the weekend, and a body double has been officially recognized as the president of Russia, RadarOnline.com has learned.

      The report follows rumours that Putin, 71, suffered a heart attack in recent weeks and was living out his final days in solitude while the alleged doppelgängers carried out official duties.
      Telegram channel General SRV claimed Putin died over the weekend. MEGA
      © Radar Online (AU)
      According to the Telegram channel General SRV, which claims to relay information from a Kremlin insider, Putin died at his Valdai residence last week.
      “There was a ‘viewing’ of the double of the late Russian President Vladimir Putin by a representative composition of the permanent members of the Security Council of the Russian Federation. In essence, the understudy has already held similar meetings, but this was during Putin’s lifetime, and now Nikolai Patrushev has arranged a kind of acceptance of the understudy in the image of the President
      (TBC)

    • 9
      0

      (Part II)
      by everyone who is related to the first and, partially, the second circle of people close to the ‘President,'” the channel posted.
      The channel alleged Putin’s remains were being hidden at his Valdai residence. MEGA
      The channel alleged Putin’s remains were being hidden at his Valdai residence. MEGA
      © Radar Online (AU)
      The channel added that Putin’s new “understudy” had allegedly been recognized and is “ready to accept the new rules of the game.”
      “It is worth noting that the double held both a meeting with permanent members of the Security Council via video link and a face-to-face meeting with representatives of the Security Council, the Government and the leadership of law enforcement agencies,” General SRV’s post continued.
      “Nikolai Patrushev believes that everyone present at the meetings thus recognizes the understudy as the ‘President’ and is ready to accept the new rules of the game – and a grandiose game is being started.”
      The channel claimed Putin’s ‘understudy’ was recognized as the new acting president. MEGA
      © Radar Online (AU)
      The Telegram channel previously claimed that Putin had to be “resuscitated” after guards found him convulsing and lying on the ground after suffering the alleged heart attack.
      (TBC)

    • 9
      0

      (Part III)
      While details on Putin’s alleged death remain unclear, the channel suggested that the late despot’s body was being kept at the Valdai residence.
      UNQUOTE
      Ideal solution, unlike “Parliament Electing and People Electing” HE President!!!??? Then ‘Govindu’ and ‘G-man Pillai’ would continue to debate as to the Mandate of the newly elected and choose to “Assign Duties” which conveniently suits their own, ‘Whims and Fancies’!!!???
      Groom one from the time of commencement of your tenure to protect one from Assassins and to follow-up as “Future HoS’, after your natural demise!!!
      “Scripts within Quotes, unedited version of the MSN”
      New set of Fingers on Nuclear Button!!!??? GOD SAVE US!!!???

      • 11
        0

        Mahila, is so, Lankans would’t even know of a double, because there is no real difference between original and understudy. Many of our crooks behave as though they suffer from “multiple personality disorder”. All it takes is a good make up artist.

    • 4
      0

      RAJ,
      “Premadas jnr. is portrayed as an educated intellectual with international exposure but so far in his political career, I can’t think of a single contribution to confirm that description.”.
      .
      I am in full agreement 🤝 with u here..
      .
      AKD in between intends to pay off over 42 billions of debts by producing GRAFITE.
      ???????.
      Srilanka is short of visionary leaders.😐😐😐😐😐

      • 5
        0

        Raj-UK and Leelagemalli, gotta concur with you both on Sajith Premadasa. Yet he is and will be kept on as the leader of SJB.

      • 0
        0

        Is it graffiti or graphite …

    • 0
      0

      Raj,
      I think there is too much importance given to corruption in Sri Lanka. Tamilnadu is just as corrupt, but it isn’t bankrupt. Its GDP compares with that of Greece.

      • 1
        0

        OC

        Agreed. Corruption is universal but in developed countries with checks & balances in place, independent media & a robust opposition, corruption & mismanagement is minimised. In fact, Boris J & his merry band of party people are being investigated for mismanagement & abuse of power during COVID. Can we ever dream of such investigations in SL?
        Mega corruption in third world countries is well known but the looting by the Rajapakse regime probably takes the biscuit, so much so, AKD is confident of bridging SL’s deficit by recovering the loot. His naivety is apparent when he speaks of the economy improving automatically in the absence of corruption. He doesn’t seem to be advised by the intellectuals in the party that a strategy is foremost in improving the economy.

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