By Garvin Karunaratne The Senior Deputy Governor of the Central Bank, Nandalal Weerasinghe has warned any new Government: Follow the beaten track or else there will be chaos. (Sri Lanka Risks losing debt market access if future government policy changes” , (AdaDerana:9/8/2019) I would tend to think that there could have been some substance in […]

By Garvin Karunaratne In the Eighties, we sacrificed the verdant Kotmale Valley for a mere 200 MW of Power. The Kotmale Dam does not provide any water for irrigation. That 200MW of power at that time when there were wind turbines that produced an easy 3 MW, could have been produced by 70 wind turbines […]

Garvin Karunaratne.M.Ed, Manchester, M.Phil.Edinburgh, Ph.D. Michigan State University. Introduction In my own life as an automobile owner – all my earlier cars were made in Great Britain- a Hillman Minx,  a Humber Hawk, a Vauxhall Cresta, a Morris Oxford. The Prime Minister of Sri Lanka in the Sixties, That Humber Hawk was a dependable, comfortable […]

Garvin Karunaratne Former Government Agent The vast colonization schemes of the Dry Zone, the peasantry, in thousands  that enjoyed the land,  earning bountiful crops were all due to the great achievement of our Leader, DS Senanayake, all achieved during his days as the Minister for Agriculture and Lands. It was his dream to uplift the […]

By Garvin Karunaratne I write in support of the suggestions made by the former Minister Milinda Moragoda. We have to be thankful to Mr Moragoda for his patriotism. Patriotism is what we need today to save our Motherland. It is sad to say that Sri Lanka is today disintegrating fast. Our economy is in tatters […]

by Garvin Karunaratne Message for Sri Lankan readers Sri Lanka with other Third World countries has achieved a status of high indebtedness due to following the neoliberal policies embedded in the Structural Adjustment Programme of the IMF. . In that process its assets and riches are being sucked dry by multinationals, International banks  and Developed […]

By Garvin Karunaratne Two years have passed and the meetotamulla garbage mountains are yet intact.  Many attempts have been made at clearing but none have so far worked. Two years ago I suggested that it be used as compost on coconut estates. To me that seems the easiest solution and done in rupees and we […]

by Garvin Karunaratne Sri Lanka is a country which is rich in resources. Sadly we, our leaders, do not realize that we can develop these resources and save our foreign exchange. Even our water in our streams is being converted to foreign exchange and is being sent abroad as profits by multinationals. In the Papers […]

By Garvin Karunaratne

By Garvin Karunarathe Economist Uswatta Aratchi  criticises the role played by the Chinese in his Paper:Capital Cheap in Chong Guo and expensive in Sri Lanka”(The Island 20/2/19) If not for the support Sri Lanka received from China with the provision of weapons, all on loans, we could never have defeated the LTTE. It is true […]

by Garvin Karunaratne,  Right or wrong, our President Sirisena has taken a step, as described by me earlier, “If a Prime Minister appointed by the President, is not acting in the interests of the country and its people by opening up the country for foreigners and foreign countries to rule, selling family silver, neglecting the […]

By Garvin Karunaratne  former G.A. Matara Instead of reflecting back on their ignominious past, the Ambassadors of the UK, the USA among others have thought it fit to at first declare that the decision of the President of Sri lanka to remove the Prime Minister and replace him with another as unconstitutional. Later once our […]

By Garvin Karunaratne The Chinese Company- the China Merchants Port Holdings to whom the Hambantota Port and its 1235 acres of land was leased, insisting on as much as Rupees 23 million as Ground Rent for the miniscule bit of land where the five Wind Turbines are sited is a fore runner of what is […]

Garvin Karunaratne On 23 rd August 2018,  a relation of mine who was unconscious was discharged from a leading Private Hospital in Colombo., because the son and daughter  could no more pay hospital bills They had paid three million rupees to the Hospital  for 17 days stay and had no more funds. Until then they […]

By Garvin Karunaratne Scotland Yard is no more what it was a few decades ago, when there was hardly any criminal activity in Britain. The situation is getting worse by the day. Last week a criminal gang closed down a major road in Wimbledon Village, the home of millionaires, chased away everyone in sight at […]

Garvin Karunaratne I doubt whether we have learned a lesson from the Meetotamulla Garbage Disdaster where 32  people died. The garbage collection at Muturajawela is yet intact. Recently it is reported that the garbage collected in Blumendhal, Colombo is ablaze. I am aware that action is being taken to dispatch the garbage to Puttlam. But […]

by Garvin Karunaratne The Kotmale Valley was a thriving  area full of production when I worked in Nuwara Eliya in the Sixties. This valley, its luxurious vegetation and  a vibrant community that lived in plenty was sacrificed to get  200 MW of power.    The Kotmale dam does not provide any water for irrigation. Fifty Wind […]

By Garvin Karunaratne These days very often it is in the news that Estate Workers in the Hill Country  are being bestowed with the ownership of land- seven or nine perches  equipped with a house- mostly donated by India.  This happens to be the Estate population that was brought in as indentured labour from South […]

Garvin Karunaratne Ph.D. Michigan State University Is it not sad when we can get Wind Power at five cents we are paying over 25 cents.  On my drive to Scotland this morning,  14 th August 2018, the scene that struck my eyes was how the Scots have harnessed Wind Power to produce Energy. As I […]

By Garvin Karunaratne, Ph.D. Michigan State University. Professor  Ricardo Hausmann of Harvard, Sri Lanka’s Economic Advisor, has come up with a remedy to boost economic development. Sri Lanka can fast-track growth, diversify exports and create new jobs by reforming immigration laws to permit know-how and skills to enter the country:…To get there, Sri Lanka will […]

by Garvin Karunaratne  I can remember the days when, on all my visits to Polonnaruwa, Hingurakgoda and Valachenai I was trailing behind lorry loads of straw. . Then the roads were narrow and a straw  loaded lorry  with bales jutting out could not be overtaken. That was in the Sixties. I was a frequent visitor […]

By Garvin Karunaratne, Ph.D. The prime need of the Commonwealth countries, the home to a third of the World’s population, today is economic development in terms of alleviating poverty, creating employment, in short, to bring about development. According to the ILO, almost 43% of the global youth labour force is still either unemployed or working […]

By Garvin Karunaratne I am a product of both Universities- Colombo and Peradeniya, entering Colombo in 1950 and ending at Peradeniya in 1954. In the initial period, called the Golden Age, our University did shine and it held personages like Dr Malalasekera and Dr Ediriweera Sarathchandra, who I think were in a super class, inspiring […]

By Garvin Karunaratne The formation of a National Economic Council(NEC) to attend to national planning, the establishment of the Grama Shakti Programme to combat  poverty alleviation and the rebuilding of Irrigation Tanks on a massive scale, is a development to be heralded. It is essentially a move in the right direction. It was way back, […]

By Garvin Karunaratne I am a product of both Universities- Colombo and Peradeniya, entering Colombo in 1950 and ending at Peradeniya in 1954. It is true that in the initial period, called the Golden Age, Peradeniya did shine and it held personages like Dr Malalasekera and Dr Ediriweera Sarathchandra, who I think were in a […]

By Garvin Karunaratne Our country is at the crossroads, saddled with an international debt that cannot be sustained, corruption going through the roof and the people suffering, unable to make ends meet. The situation is extreme. It is ,my opinion that there is yet a way ahead. Our International Debt. Chandra Maliyadde, a former Permanent […]

Garvin Karunaratne Author of How the IMF Sabotaged Third World Development(Kindle/Godages) Cyprus, a fertile land As fertile as Califoni Fruit trees fully  laden, all varieties,  all over, But all coastal areas, ALL GONE Parcelled into bits, sold to foreigners, Realtors everywhere Selling-enticing strangers to buy- Do bring in  foreign exchange We make you a citizen Do […]

By Garvin Karunaratne Inflation- Rising Prices is a major concern today. Sri Lanka had built up the infrastructure to control inflation. What we are seeing today-unbridled inflation, has been caused because we  did away with the infrastructure we had. For the marketing of essential commodities, in my own words: The Department for the Development  of […]

Garvin Karunaratne The GramaShakti Programme initiated by President Sirisena is intended to alleviate poverty that has become a severe threat to the country’s economy, especially to the rural economy. It is a flagship development programme in line with the vision of President Sirisena for a sustainable Sri Lanka, with a robust economy, free of all […]

By Garvin Karunaratne I enclose a Paper I wrote way back in 2008 detailing what has happened to Zimbabwe, to illustrate how the Superpowers strangled Mugabe. This provides the background to understand  what is currently happening in Zimbabwe. The conclusion deals with what was happening to the economy of Sri Lanka in 2008. That also […]