Author Archive for EDWARD THEOPHILUS

WHAT IS THE SOLUTION FOR INFLATION?

Thursday, December 7th, 2023

BY EDWARD THEOPHILUS Inflation is a term that expresses everywhere without a practical solution. This term reiterates in many countries without a solution and policymakers expressed the term for covering incapability and the economic history of Sri Lanka before European invasions gave a successful solution to inflation, it is valid for today too. The meaning […]

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WHAT WERE THE REASONS TO INCREASE CRIMES DURING THE PAST DECADE?

Monday, August 28th, 2023

BY EDWARD THEOPHILUS According to news reports, crimes in SRI LANKA have increased during the past decade, despite legal rules and religious practices committing crimes is a passion in society, and why people commit crimes is a vital dilemma that need to critically evaluate, comparatively current crime figures and trend have increased compared to previous […]

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USING EDUCATION REFORMS FOR A SUCCESSFUL SOLUTION TO LANGUAGE, ETHNIC AND SCHOOL RANKING ISSUES IN SRI LANKA

Tuesday, August 22nd, 2023

BY EDWARD THEOPHILUS Education reforms started in the 1930 under the State Council and such reforms were going on like a living organism to develop sound strategies for knowledge and skills development of kids. However, it could identify reforms not focused to inserting value education in the education system that was essential for changes in […]

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SHOULD REPUBLIC MODEL BE ADAPTED TO SRI LANKA OR WHAT WOULD BE THE CONSEQUENCES OF A REPUBLIC MODEL

Saturday, August 19th, 2023

BY EDWARD THEOPHILUS A republic model is suitable to adapt in large countries is the opinion of constitutional experts, and Sri Lanka which is a small country with few ethnic groups that is less than number of figures in a hand, would not be adapted and why some people promote a republic model for Sri […]

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ECONOMIC DEVELOPMENT WITH THE SUPPORT OF RURAL PEOPLE

Tuesday, August 15th, 2023

BY EDWARD THEOPHILUS The economic development of Sri Lanka is negatively afflicted by attitudes of policymakers and planners and the behaviour of them concerned with many practical aspects in the policy planning process. Negative attitudes of policy planners have a direct relationship with countrywide economic problems, and neither the government policy development process nor the […]

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REHABILITATION OF PUBLIC ENTERPRISES ACT, NO 29 OF 1996

Tuesday, August 15th, 2023

BY EDWARD THEOPHILUS  Restructuring of domestic debt has become a vital focus of news in Sri Lanka and many ordinary people are lack of understanding the process, which is expressing jargon and ordinary people have an idea that they are not concerned about the process. The act of rehabilitation of public enterprises, which was certified […]

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WHAT IS THE SOLUTION FOR INCREASING INFLATION?

Tuesday, August 8th, 2023

BY EDWARD THEOPHILUS Inflation has been defined by various economists in the past, and three definitions were in economics texts, cost push, demand pull and the third interpretation came from monetarists such as Milton Friedman in early 1960s and monetarists suggested charging a tax as an effective solution. The meaning of inflation could be regarded […]

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ACHIEVING ECONOMIC STABILITY IN SRI LANKA

Wednesday, August 2nd, 2023

BY EDWARD THEOPHILUS Achieving economic stability is a complicated and compact process for Sri Lanka as it requires recovering the negative outcomes gained during the covid restriction period. The results of recent policy performance show enjoyable results such as reducing inflation, which reflect in many countries. However, it would not provide concrete evidence to express […]

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INTERNATIONALISATION OF INDIAN RUPEE: INDIA NEEDS TO ORGANISE A CONFERENCE

Monday, July 10th, 2023

BY EDWARD THEOPHILUS When critically evaluate international critique on the operation of hard currencies of the world, many experts concern about different opinions to change the injustice that are incurring many of the countries. It needs dividing the international financial system into regions. Indian region should use Indian rupee as an international reserve currency and […]

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COULD THE EXTERNAL VALUE OF THE SRI LANKA RUPEE BE IMPROVED BY   INFLUENCING PROCESS OF THE DE-DOLLARIZATION- A CRITICAL ANALYSIS  

Monday, July 3rd, 2023

BY EDWARD THEOPHILUS When Sri Lanka ended the ethnic war fourteen years ago, many analysts expected that the declining trend of additional military expenses, combined with the reducing of many public expenditures, improving productivity, would be positively accomplished the economic potential of the country and the external value of Sri Lanka rupee will increase. Addition […]

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BANKING CRISIS AND SUPPERANNUATION MANAGEMENT IN SRI LANKA

Friday, June 30th, 2023

BY EDWARD THEOPHILUS Banking crisis is not a sudden problem for the country. It has been a growing problem and the superannuation management has associated with the banking crisis. The banking crisis created because lack of capital in the system, when the bank management has been ignoring capital requirement as the bank’s ability to stay […]

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WHY PEOPLE ARE SO CONCERNED ON RELIGIONS: DO RELIGIONS SUPPORT PERSUING THE ETERNAL TRUTH OR AN ATTEMPT TO CONTROL BEHAVIOUR WITH A BALANCE MIND.

Sunday, June 25th, 2023

BY EDWARD THEOPHILUS Tracing the history of religions is a complex task that involves, in a process of analytically looking at many points described in sources and assumptions. Since various religions come into work in the society of Sri Lanka, people had been stuck to religions for worshipping without analysing the philosophy of religions and […]

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DEVELOPING SCHOOL CLUSTERS OFFERING OUTCOME-BASED EDUCATION IN ELECTORATES

Monday, June 19th, 2023

BY EDWARD THEOPHILUS It is required that primary and secondary education in Sri Lanka must be reformed to offer outcome-based education, if there is a problem with lack of resources, cluster schools, 5 to 10 clusters in an electorate should be built to give justice to rural schools and improve the educational quality in regional […]

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A METHOD OF REFORMING THE INTERNATIONAL FINANCIAL SYSTEM GIVING JUSTICE TO ALL COUNTRIES ON THE PLANET EARTH- A PROPOSAL

Thursday, June 15th, 2023

BY EDWARD THEOPHILUS After the Briton-Wood agreement international financial system has created many issues for many countries, developing countries have been major victims, because small and developing countries got caught into in a trap of developed countries where there have hard currencies, and BRICS wants to introduce a new international currency unit despite the existing […]

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WHAT IS THE SOLUTION FOR INFLATION?

Wednesday, June 14th, 2023

BY EDWARD THEOPHILUS Inflation is a term that expresses everywhere without a practical solution. This term reiterates in many countries without a solution and policymakers expressed the term for covering incapability and the economic history of Sri Lanka before European invasions gave a successful solution to inflation, it is valid for today too. The meaning […]

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THE DIVERSITY IN THE INTERNATIONAL FINANCIAL SYSTEM AND THE EFFORT OF DE-DOLLARIZATION

Sunday, June 4th, 2023

BY EDWARD THEOPHILUS The international financial system is associated with trade and non-trade transactions. The relationship between nations has many weaknesses that are not understood by many academics and practitioners who are operating in the system. It has communicated that seems to be jargon for average people.  A major weakness of the international financial system […]

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OUTCOME-BASED EDUCATION THAT ESSENTIAL IN SRI LANKA

Wednesday, May 31st, 2023

BY EDWARD THEOPHILUS Many expressed displease about education reforms in Sri Lanka and it could assume that academics appointed to perform the role of reforming education failed to do the task as required by the country, and the development of policies for education reforms have stagnated because the appointed experts are lacking the understanding of […]

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COULD SRI LANKA BECOME A DEVELOPED NATION WITH THE EXPORT OF CANNABIS

Monday, May 29th, 2023

BY EDWARD THEOPHILUS It is recorded that various agricultural items produces and products were exported by Sri Lanka in history and many of the agricultural items were rice and cinnamon, and other items, I never heard or read Sri Lanka had exported cannabis for making money or to increase export revenue. The report of Dudley […]

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THE IMPROVEMENT OF EXTERNAL VALUE OF THE SRI LANKA RUPEE AND THE INFLUENCE OF DE-DOLLARIZATION PROCESS

Tuesday, May 23rd, 2023

BY EDWARD THEOPHILUS When Sri Lanka ended the ethnic war in fourteen years ago, many analysts believed that the decline in military expenses would improve the economic prospectus of the country. Tourism business and merchandise exports would be positively supported to an increase in external value of the Sri Lanka rupee, but such an outcome […]

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WHY SRI LANKANS BLAME TO THE INTERNATIONAL MONETARY FUND?

Friday, May 19th, 2023

BY EDWARD THEOPHILUS People of Sri Lanka could express views on the credit programs provided to the country if anyone investigates the condition of credit facilities, it is possible to understand the condition of credit facilities.  Although the International Monetary Fund provides credit facilities to member countries, it is not a social service organisation, as […]

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EDUCATION REFORMS CONSISTENT TO SOCIAL CHANGES IN SRI LANKA

Thursday, May 18th, 2023

BY EDWARD THEOPHILUS News reported president Wickremasinghe wants to implement education reforms, however, which area of education should be reformed has not clearly expressed. Reforming the education is a policy action in any country and Sri Lanka would not be extraordinary compared to other countries. In many countries, education reforms will be concerned about the […]

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IS INSULTING RELIGIONS A CRASS NATURE OF HUMANS?

Tuesday, May 16th, 2023

BY EDWARD THEOPHILUS Humans have different natures, and crass nature shows insulting others for personal advantages or any other reasons. People don’t understand this nature with animals or not, because people don’t clearly understand the communication of animals.  Insulting or making derogatory remarks against a religion or a religious leader is a crass nature of […]

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IS THE PROPOSED ASIAN MONETARY FUND A VIABLE ALTERNATIVE FOR THE INTERNATIONAL MONETARY FUND AND CRISIS?

Friday, May 12th, 2023

BY EDWARD THEOPHILUS The International Monetary Fund was established after the Briton-Wood Agreement as a solution for international financial crisis, which was encouraged by the ad hoc work of certain European countries. These countries attempted to gain trade advantages by ad hoc changes in currency values that was meant devaluation of currency to attract demand […]

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COULD BRICS COUNTRIES CHANGE THE PRESTIGE OF THE US DOLLAR?

Friday, May 5th, 2023

BY EDWARD THEOPHILUS The International Financial System has been subjected to tremendous changes during the 20th century, and new currencies such as Euro emerged from time to time, with the support of powerful countries, and after 1930s the system was subjected to ad-hoc changes because some countries attempted to gain trade advantages changing the international […]

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THE CONCEPT OF PRODUCTION ECONOMY: WHAT IS IMF OPINION ON THIS CONCEPT FOR SRI LANKA

Thursday, May 4th, 2023

BY EDWARD THEOPHILUS Before the European invasion, the economic policy of Sri Lanka was believed to be maintaining a production economy to endure people and make savings for the future. The definition of production is a dynamic aspect that product creation related to agriculture, industry, construction and services. It is an assumption based on historical […]

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INSULTING CULTURE OF SRI LANKANS: ARE RELIGIONS WORKING IN THE SOCIETY?

Tuesday, April 25th, 2023

BY EDWARD THEOPHILUS Insulting to others is an explicit nature of Sri Lankans irrespective of ethnic groups such as Sinhala, Tamil and Muslim. In other ethnic groups in the world there may have such a negative cultural feature in relation to human behaviour, comparatively Sri Lankans gets a priority for this bad feature and I […]

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INCREASE IN AN INDIAN POPULATION COMPARED TO THE CHINESE VOLUME

Sunday, April 23rd, 2023

BY EDWARD THEOPHILUS It is reported that the Indian population will be surpassed a high volume than China in mid-year of 2023, this estimation has done based on the estimation of the UN, which is a broader and more realistic estimation considering people currently living in India and China, however, Indian and Chinese population may […]

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 MONEY EXPORTS: THERE IS NO INJUSTICE

Tuesday, April 18th, 2023

  BY EDWARD THEOPHILUS       Many countries engage in animal exports for various purposes. Many Middle East countries import animal for various purposes such as getting meat, wools and skins and export of animal are major businesses and export of monkeys has no specific problems to Sri Lanka. It would be a business like in […]

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COULD SRI LANKA REJECT THE CITIZENSHIP BY DESCENT DEPORTING SUCH PEOPLE FROM THE COUNTRY

Sunday, April 16th, 2023

BY EDWARD THEOPHILUS  Citizenship by descent is considered the clear cut-right of a person and it is a universal human right. Any person born to this world he/ she /bisexual has right to live in the world and nobody can deny this right. This is not written in the list of human rights in United […]

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COULD THE STATUS OF DESCENT CITIZENSHIP OF SRI LANKA BE ELIMINATED BY GAINING A REGISTERED CITIZENSHIP IN ANOTHER COUNTRY

Saturday, April 15th, 2023

BY EDWARD THEOPHILUS Historical evidence found that Sri Lanka was a separate country since the era of homo sapiens, they migrated from one country to another or one place to other. There was no evidence that anyone attempted to restrict the migration from one country to another and keep people who were living in the […]

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