The presentation of an essay in the Sinhala language on “Caste in Sinhala Society”[1] in April 2017 within Thuppahi came to the attention of Thomas Fernando in UK recently. Tommy promptly took up the challenge and is now proceeding to address the article and topic. This is his NOTE to me: “however laborious it is to plough through the Sinhala text, I hope to have a good look at this article on caste in SL as I have not read a good description on this important topic which has a very significant impact on life even today in SL.”
Category Archives: welfare & philanthophy
China’s Quasi-predatory Lending to Sri Lanka
Muttukrishna Sarvanandan,** whose preferred title reads thus: “Chinese Lending to Sri Lanka: A Factual cum “Reality” Check. A Rejoinder to Umesh Moramudali and Thilina Panduwawala”
Abstract: This is a response to the Briefing Paper entitled Evolution of Chinese Lending to Sri Lanka since the mid-2000s – Separating Myth from Reality, written by Umesh Moramudali and Thilina Panduwawala published by the China-Africa Research Initiative of the School of Advanced International Studies (SAIS) at the John Hopkins University, USA. This response identifies a few factual errors (both quantitative and qualitative) and provides alternative data, and contests the interpretations of the data and conclusion drawn therefrom by Moramudali and Panduwawala by providing concrete examples to the contrary. We characterise Chinese lending to Sri Lanka between 2007 and 2022 as quasi-predatory lending, having defined the characteristics of predatory lending………….Keywords – China, Hambantota Port, Predatory Lending, Sovereign Default, Sri Lanka
Introduction: This is a response to a Briefing Paper (No.8 dated November 2022) written by Umesh Moramudali and Thilina Panduwawala entitled Evolution of Chinese Lending to Sri Lanka since the mid-2000s – Separating Myth from Reality published by the China-Africa Research Initiative (CARI) of the School of Advanced International Studies (SAIS) at the John Hopkins University (JHU) in the United States of America (USA).
Filed under accountability, authoritarian regimes, China and Chinese influences, debt restructuring, economic processes, foreign policy, governance, historical interpretation, island economy, modernity & modernization, politIcal discourse, power politics, self-reflexivity, social justice, sri lankan society, transport and communications, trauma, welfare & philanthophy, world affairs