After my recent post setting out the possible channels of impact of Brexit for the Sri Lankan economy, I had some really excellent and insightful comments from readers who wrote back to me. I thought of sharing some of them here. (If you need a quick ‘get me smart’ guide to the Brexit and what happened, this post […]

On Friday (24 June), as the Brexit fallout ensued, several media houses requested for remarks on the possible channels of impact for Sri Lanka’s economy. To help generate wider awareness, I am sharing these here. Remarks in Sinhala to Ada Derana news channel   Remarks in English to News1stFiled under: Uncategorized

I recently gave an interview on Sri Lanka’s continuing tax troubles, and the impact on the economy, to a Sinhala language current affairs website, යුක්තිය (‘Yukthiya’). I reproduce it in full here (Part 1), with due credit to where it is originally published here –ද-දේ-නි-ප්%E2%80%8Dරතිශතයක්-ලෙස-කි/ අප රටේ බදු වැඩි කිරීම පිළිබඳව අප සමාජයේ සාකච්ඡාවක් ඇත. බොහෝ […] ...

I type this as BBC just forecasts that Britain votes to Leave the EU, with almost 2/3rds of British EU referendum results now in. Here are some of the early impacts in global markets: The GBP has collapsed to levels not seen since the financial crash of 2009. Currency markets are seeing sharp volatility. At […]

This article originally appeared in the Sunday Observer of Sunday 19th June  — I could clearly see the transformation of London; returning after seven years, the evidence was everywhere. High-rise high-end apartment buildings dotting a new Docklands skyline; construction cranes across Zone 1 peering over the old city and shaping a new one; a new […]

ChariTea, a tea infused lemonade drink, served to us at a meeting at Social Impact Lab, Berlin. Even for a tea purist like me, this was deliciously refreshing. How can srilanka break out of the commodity price sensitive low value added tea rut and in to the rapidly growing flavoured tea and tea-mixed beverage market […]

They call themselves ‘The Berlin Consulting Dudes’, and they are making waves in how German businesses engage with people in the process of innovation. The focus of this Berlin-based startup, Intraprenör, is on helping companies do ‘human-centred innovation’.I was fortunate to catch up with one of the company’s co-founders, Gregor Kalchthaler. He says they have found […] ...

The issue of constrained access to finance for SMEs continues to plague our small business sector, and it is often blamed on the narrow approach to SME lending by banks. The lack of cashflow-based lending, the heavy focus on high collateral requirements, inability to assess risk in SMEs, are the usual suspects. These are all […]

In the course of some innovation policy work that I’ve been doing over the past year, I’ve noticed that the public policy conversations around innovation are dominated by a focus on knowledge creation, so stuff like R&D spend, putting money into government labs, research institutes, etc. There is much less focus on the interactions between knowledge creators and industry actors/entrepreneurs. […] ...

I’m almost surprised it’s taken this long. “GDP” was never intended to be the end all and be all measure of the health of economies. Yet, over 85 years since it(or a version of it) was first used, it continues to dominate the mainstream economic discourse around prosperity, growth, and development. The most recent critique […]

This has got to be one of the best interviews on the discipline of economics that I’ve read in a while, and its with none other than Dani Rodrik – a trailblazer in empirical economics and author of the new book ‘Economics Rules: The Rights and Wrongs of the Dismal Science‘. My favourite bit from the […]

There’s a new McKinsey Global Institute commentary piece titled ‘Inclusive cities are productive cities’ that argues that inclusiveness (including openness to migrants) is important to maximise the productivity gains of urbanisation. This has important ideas for Sri Lanka’s own urbanisation process via the Western Region Megapolis Project. In a previous article on this blog, I highlighted that […] ...

I tend to be far too alliteration happy sometimes, and it’s probably a good thing I didn’t title my speech as I did this blog post. But it was exactly my message to the industry leaders of the Women in Logistics and Transport forum during a keynote address at their Annual General Meeting last week […]

Sounds like a silly question right? But a new paper by WIPO (World Intellectual Property Organisation) on ‘Robotics, innovation and intellectual property’ argues that it is one of the fundamental questions thrown up by the emergence of robotics innovation. As the paper notes, A question that cannot yet be considered settled law in any nation, but for […]

It is always encouraging to hear government officials get excited about reengineering their own processes to become more ‘client-friendly’. This was exactly the feel at yesterday’s Ceylon Chamber Economic Intelligence Unit seminar on the new Inland Revenue Department electronic tax system called ‘RAMIS’ (Revenue Administration Management Information System). At the event, IRD announced that online tax payment […] ...

This article was originally published in the Daily FT of 16th February 2016 — At a time when countries around the world are facing challenging circumstances around wealth creation through productive employment, the latest edition of the UNDP’s Human Development Report (2016), anchored to the theme of ‘Work for Human Development’, is timely. Interestingly, this […]

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