{"id":152060,"date":"2015-10-09T12:32:49","date_gmt":"2015-10-09T07:02:49","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=152060"},"modified":"2015-10-15T01:52:03","modified_gmt":"2015-10-14T20:22:03","slug":"a-breakout-nation-that-broke-down","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/a-breakout-nation-that-broke-down\/","title":{"rendered":"A Breakout Nation That Broke Down"},"content":{"rendered":"<p><strong>By <a href=\"https:\/\/www.colombotelegraph.com\/?s=Sarath+de+Alwis&amp;x=13&amp;y=5\"><span style=\"text-decoration: underline;\">Sarath De Alwis<\/span><\/a> &#8211;<\/strong><\/p>\n<div id=\"attachment_150568\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/09\/Sarath-de-Alwis.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-150568\" class=\"size-thumbnail wp-image-150568\" src=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/09\/Sarath-de-Alwis-150x150.jpg\" alt=\"Sarath de Alwis\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/09\/Sarath-de-Alwis-150x150.jpg 150w, https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/09\/Sarath-de-Alwis-50x50.jpg 50w, https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/09\/Sarath-de-Alwis.jpg 214w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><p id=\"caption-attachment-150568\" class=\"wp-caption-text\">Sarath de Alwis<\/p><\/div>\n<p>In 2013, Governor of the Central Bank <a href=\"https:\/\/www.colombotelegraph.com\/?s=Ajith+Nivard+Cabraal&amp;x=12&amp;y=4\"><span style=\"text-decoration: underline;\">Ajith Nivard Cabraal<\/span><\/a> invited Ruchir Sharma, head of Emerging Market Equities and Global Macro at Morgan Stanley Investments to deliver the Central Banks 63rd Anniversary Lecture. The title of his lecture was \u2018The Prospects of Sri Lanka as a breakout nation. The Lecture was attended by Senior Staff of the Bank, Academics and the invited elite of commerce and industry.<\/p>\n<p>A few months earlier he had authored \u2018Breakout Nations- In search of the Next Economic Miracles. Its cover depicting a bluish Globe in a pale gold hued Oyster shell said it all. Sanjoy Roy the producer of the Jaipur Literary Festival had accompanied Ruchir Sharma on a book promotion in the United States. \u201cEvery hall was packed to the brim with well-known names from business, commerce, politics, industry and academia and over 95% of the audience was white Americans.\u201d<\/p>\n<p>Governor Cabraal, the Chimeric Kautilya of the <a href=\"https:\/\/www.colombotelegraph.com\/?s=Mahinda+Rajapaksa&amp;x=10&amp;y=4\"><span style=\"text-decoration: underline;\">Mahinda Rajapaksa<\/span><\/a> court had good reasons for his effusive exuberance with the pronouncements of the Savant from Morgan Stanley investments.<\/p>\n<p>Ruchir Sharma had identified Sri Lanka as a possible Break Out nation. His reasoning was music to the ears of the Governor and President Rajapaksa whose constant mantra was the rate of growth and the per capita GDP. Ruchir Sharma was saying that Sri Lanka, even during the worst years of the civil war had managed an average annual growth rate hovering around 5 percent. Sri Lanka while rebuilding its economy in peace time over the next decade and creating a new trade regime with neighboring countries was well poised to achieve 7\u20148 percent growth. Ruchir Sharma had reasons for his fortuitous forecast. President Mahinda Rajapaksa had told him \u201cChina is my friend. India is my relation\u201d Ruchir Sharma concludes \u201c At peace, Sri Lanka finds itself in very strong position, courted by both of Asia\u2019s emerging giants.\u201d Then he warns \u2018There is some risk that the peace dividend could prove fleeting- 40 percent of nations that end a civil war will revert to violence within a decade.<\/p>\n<p>The purpose of this writer is to draw attention to a pivotal observation made by Sharma in his book published in 2012. His observation is spine chilling in its eerie explosion of retrospective \u2018Weltschmerz\u2019. The Germans have a word for everything. It means \u2018world pain.\u2019<\/p>\n<p>To make any sense of what Sharma has presciently painted he needs to be quoted at some length. I beg the readers to choose to endure.<\/p>\n<p>\u201cIt is conventional military wisdom that guerrilla armies can be contained or driven off but not destroyed; however, by mid-2009 the Sri Lankan Army had proved that wisdom wrong. <strong>In an all-out offensive the army cordoned off the Tigers in their stronghold on the northern Jaffna Peninsula, and in a feat rarely repeated in the age of mobile-phone cameras, it managed to seal the entire region from outside view. Then it pulled the cordon tight until Prabhakaran, his family, and most of the senior Tiger leaders were dead, along with untold thousands of civilians.<\/strong> The final stages of the war were highly controversial\u2014charges of human-rights violations still fly against both sides \u2014but the economic impact seems clear.\u201d [Emphasis mine.]<\/p>\n<p>In September 2014 Ruchir Sharma addressed an investor forum in New York attended by Niwward Cabraal and Minster Sarath Amunugama. He remains Bullish on Sri Lanka. \u2026Another thing I find positive about Sri Lanka is that it is in the geographical sweet spot and this way I think Sri Lanka has done a great job of playing China and India,\u201d [Media release CSE 17th November 2014]<\/p>\n<p>Ruchir Sharma is an expert on emerging markets and economic meltdowns. He is no expert on emerging political meltdowns. Yet he had the foresight to caution against a cataclysm that lurked someplace. Let us fast-forward to the OHCHR report.<\/p>\n<p>\u201cOn 18 May 2009, the &#8216;Defence Ministry announced that LTTE leader Prabhakaran and several other senior LTTE leaders had been killed in the fighting and the Sri Lankan Government formally announced its military victory over the LTTE and complete territorial control over the entire country.&#8217;\u201d<\/p>\n<p>\u201cOISL is in possession of high resolution electronic photos of a group of dead bodies, among them clearly identifiable are Puleedevan, Nadesan, and Vineetha Nadesan, as well as a number of recognizable but unidentified men and possibly a young woman (face outside the frame of the photo). According to a forensic pathologist, the colour digital photographs are all amateur \u2018trophy-type\u2019 images which show groups of bodies, individual bodies and include images of head and shoulders. Despite their amateur nature, these photographs capture many injuries, patterns of blood flow, disturbance of clothing and post-mortem changes.\u201d<\/p>\n<p>\u201cOISL is in possession of photographic and video material that show <a href=\"https:\/\/www.colombotelegraph.com\/?s=Balachandran&amp;x=9&amp;y=4\"><span style=\"text-decoration: underline;\">Balachandran Prabhakaran<\/span><\/a>, the 12-year-old son of Villupillai Prabhakaran, sitting in a bunker, alive and in the custody of Sri Lankan troops as well as images of the dead body of Balachandran lying on the ground beside the dead bodies of five semi-naked men. Based on the assessment of an independent forensic pathologist of the photographs, Balachandran appears to have been killed with five gunshots to the chest. One gunshot wound with soot markings indicate the weapon was fired from a distance of 60-90 cm. A witness stated he saw Balachandran alive and then saw his body with bullet wounds; he did not see Balachandran being killed.\u201d<\/p>\n<p>\u201cThe well-known LTTE news presenter, Isaipriya, appears in several photographic and video images that suggests she was taken into custody and killed by the Sri Lankan security forces.\u201d<\/p>\n<p>The OHCHR report is published. The final resolution co-sponsored by Sri Lanka has been adopted by acclamation. Crusade, Jijad and Dharmavijaya are synonyms for the same asininity. Ruchir Sharma has been wrong. Our Army has not managed to \u201cseal the entire region from outside view.\u201d<\/p>\n<p>In another place in another time Hannah Arendt wrote \u201cDespite all the efforts of the prosecution, everybody, could see that this man was\u00a0not a \u2018monster,\u2019 but it was difficult indeed\u00a0not to suspect that he was a clown.\u201d<\/p>\n<p>Soldiers are tools of war. You make them heroes at your peril. As in any other human institution in soldiery, there are the lazy, the diligent, the honest and the deceitful. They cannot all be heroes. Not even the dead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":150568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,46,8],"tags":[],"class_list":["post-152060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colombotelegraph","category-constitutional-reforms","category-editorial"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Breakout Nation That Broke Down - Colombo Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.colombotelegraph.com\/index.php\/a-breakout-nation-that-broke-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Breakout Nation That Broke Down - 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