{"id":235220,"date":"2023-12-31T20:16:08","date_gmt":"2023-12-31T14:46:08","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=235220"},"modified":"2024-01-15T14:07:42","modified_gmt":"2024-01-15T08:37:42","slug":"2024-a-year-of-historic-choice","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/2024-a-year-of-historic-choice\/","title":{"rendered":"2024: A Year Of Historic Choice"},"content":{"rendered":"

By Ameer Ali<\/a> –<\/b><\/span><\/p>\n

\"\"

Dr. Ameer Ali<\/p><\/div>\n

\u201cGood governance never depends upon laws, but upon the personal qualities of those who govern. The machinery of government is always subordinate to the will of those who administer that machinery. The most important element of government, therefore, is the method of choosing leaders\u201d.<\/p>\n

2024 is going to be a year of elections, but how many and in what order are uncertain although President Ranil Wickremesinghe<\/a><\/span> (RW) would prefer his position to be legitimized first. This is why there is a frenzy of meetings and discussions among various parties to look for winnable candidates and to form coalitions if necessary to capture RW\u2019s position. Hilariously, one of the parties, SLPP of Rajapaksas<\/a><\/span>, which is currently firing the shots in the RW led regime, has laid out ten conditions for candidates who are seeking that party\u2019s nomination. Several of those conditions such as smart agricultural initiatives, poverty alleviation and job creation, economic growth and investment attraction, cost of living reduction and international level education, are a tacit admission that the SLPP regime failed to achieve any of the conditions during years in which Rajapaksas had been in power. It was their reckless economic and financial mismanagement with borrowed funds to finance white elephant projects, to provide fiscal favours and kickbacks to family members and party parvenus, and to subvert public institutions including the constitutionally independent CBSL to gain political mileage that led to rampant corruption and nepotism in public administration, which ultimately bankrupted the treasury, buried the economy in debt and left the nation with no alternative but to approach IMF<\/a><\/span> for funds and advice. That same SLPP is now eyeing on a rupee multi-billionaire businessman with his accumulated wealth kept safely abroad to be entrusted with the task of rebuilding the shattered economy and bring prosperity to the people. One should remember that the talent and skills required to manage and succeed in one\u2019s private business is not necessarily correlated to those required for managing a national economy. While President RW promises a Valhalla in 2048, SLPP seems to promise an Eldorado during its next term of government.\u00a0 <\/span>Whom are they hoodwinking?\u00a0<\/span><\/p>\n

Whether it is going to be a presidential, general, provincial or local government election the choice before the people is starkly evident. It is a choice between continuing the old order structured on an ethnonationalist edifice with its supreme ideal of maintaining Sinhala majoritarianism while promising to renegotiate some aspects of IMF\u2019s economic agenda, or, eradicating the old order and creating a new one based on secular democracy entrenched in a secular constitution and reprioritizing IMF\u2019s agenda with a positive bias towards revitalizing the domestic real economy and ensure economic justice to all. It is going to be an epochal choice confronted by a new generation of voters who had already expressed their preference in 2022 via the aragalaya<\/em><\/a>.\u00a0<\/span><\/p>\n

Of all the parties that are on the run it is only NPP – an ideological coalition of more than 20 groups under the leadership of JVP\u2019s Anura Kumara Dissanayake<\/a><\/span> (AKD), that promise a complete breakaway from the past. When AKD talked about a \u201csocial revolution\u201d to change the \u201cpolitical culture\u201d of this country, he could not have meant anything else other than a paradigmatic shift to create a new order. The fact that he is appealing to voters to give his team a chance to materialize that ideal, itself shows NPP\u2019s political maturity in the context of JVP\u2019s past revolutionary baggage. All the other parties, whether they are to contest individually or in coalition want to maintain the old paradigm. Even RW for that matter, who is constantly claiming that his way, whatever that means, is the only way for salvation, and therefore wants all communities to support him, is playing hide and seek when it comes to destroying the old order. For instance, when he addressed the attendees at a Muslim College function on 27 December at Guruthalawa, he vowed to \u201csafeguarding the Sinhala identity, religion and culture\u201d while promising to end discrimination against other ethnic and religious communities – an old chorus repeated by every political leader at public gatherings since independence.\u00a0 <\/span>With the dominance of the saffron robe in the old order the president would obviously not risk alienating that sector by criticizing that order. Only NPP\u2019s pronouncements sound close to achieving a paradigmatic shift.\u00a0<\/span><\/p>\n

Yet, it is regarding IMF\u2019s role in the economic trajectory of Sri Lanka that NPP seems to draw a line between itself and other parties. Recently, the CBSL Governor has warned that \u201cany deviation from (the IMF) path would bring detrimental and irreversible consequences\u201d.\u00a0 <\/span>That may be so and all other parties except NPP would agree with him, because they all want to keep the economy open and be driven by unhindered market forces so that free competition would encourage inward foreign investment and develop an export dependent economy. But apart from the already built-in detrimental effects emanating from a corrupt domestic governance, which IMF itself is aware of, has the respectable Governor any solution to protect such an export dependent Sri Lanka from the external shocks of the global economy? The growing global economic pessimism engendered by the two wars on the one hand and large-scale devastations caused by unpredictable natural disasters on the other should not be underestimated, and they need internal shock absorbers to minimize negative effects. Small economies with wide income inequalities and population pressure cannot afford to move with the ebb and flow of the global economy, and therefore local economies need to be restructured at least to achieve self-sufficiency in basic needs. NPP\u2019s refocus on the domestic real sector is therefore makes good sense. To make that sector vibrant and productive the domestic market should be cleansed of its current institutional and political rigidities created by the old order. Perhaps it is with that objective NPP may renegotiate and reprioritize IMF\u2019s stipulations. This is not to reject IMF totally and not to operate a close economy as some critiques may argue. \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><\/p>\n

Sri Lanka, unlike some other developing economies is naturally resourceful.\u00a0<\/span>It is therefore not a beggar who cannot choose. With an enlightened leadership it can pick and choose its benefactors. Unfortunately, over seven decades of political parochialism driven by ethnonationalism the old order created a ruling elite and endowed it with an open license to manage the country\u2019s resources without any accountability. That license led to mismanagement and it reached a crescendo during the last few years. Today, a new generation of voters who are not only politically educated but also equipped with all the paraphernalia required to remain in touch with events happening outside the country, seem to have awakened to the reality of effecting a historic change in 2024. The aragalaya if anything signaled this awakening. Demographically also the votes of this new generation can tip the balance in favour of the team they think would be capable of remaking the country through a social revolution.\u00a0 <\/span>Public opinion indicates that NPP could be a promising candidate of preference. However, there are also saboteurs who could cause ruination and chaos by calling for a total boycott of the next election. That would be a political suicide. \u00a0 <\/span><\/p>\n

*Dr. Ameer Ali, Murdoch Business School, Murdoch University, W. Australia<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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