Tuesday, April 24, 2018

Designers of Sri Lanka’s Future: Episode I Nihal Ranasinghe


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 Monday, 23 April 2018

To sustain economic growth, Sri Lanka needs a critical pool of daring people who would see things differently and design a new future. The Austrian-American economist Joseph Schumpeter identified four ground requirements for a country to attain sustained economic growth: Invention, innovation, diffusion and imitation. Sri Lanka has such people, but they are hidden from the limelight. In a new series, we bring out the innovations they have made so that, as Schumpeter expected, diffusion of knowledge would take place enabling others to imitate them

Exception to general perception

Ask any Sri Lankan his opinion about public servants. The answer invariably would be that they are apathetic, irresponsible, domineering and dull if not stupid. This common perception may have been ingrained in their minds by the disappointing experiences which they may have had with them repeatedly.