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Institute for Political Economy (IPE) set up by Lankan academics
Institute for Political Economy (IPE) is an independent think tank set up to stimulate and inform debates and discussions on public policy implementation in Sri Lanka amidst a turbulent global economy. IPE, inspired by the aragalaya (struggle), aspires to be a centre for progressive thought and critical analysis dedicated to rewarding work over wealth and calls for systemic change in Sri Lanka’s political economy landscape.
IPE is committed to researching and disseminating transformative economic policies and development strategies, a news release on the launch said.
IPE’s core strength lies in the dedication of its volunteers, who comprise a network of academics, economists and professionals located globally. IPE aims to promote current global debates calling for a recalibration of the global economy, away from entrenched financialised interests and is committed to seeking viable alternatives. There is growing recognition that entrenched vested interests, including in the Global North and in Sri Lanka, are hindering equitable and ecologically sensitive development trajectories.
As a virtual organization, IPE welcomes all individuals committed to exploring alternatives that shield Sri Lanka from the excesses of the current global economic order and confront contemporary development challenges head-on.
“We believe that it is essential to develop critical analyses of mainstream policies and challenge conventional thinking,” said Charith Gunawardena. He co-founded IPE, along with Kanchana N Ruwanpura and Kanishka Goonewardena, both professors at their respective institutions. He went on to say: “Our collective aspiration is to foster an environment that encourages collaboration, draws on expertise from around the world, and advocates for transformative system change. By acknowledging existing inequities, we can collectively shift economic processes towards a progressive, egalitarian, and democratic direction”.
Key Objectives of the Institute for Political Economy (IPE):
* Providing a Platform for Progressive Dialogue: Serves as an independent platform where progressive policies and ideas can be freely discussed, debated and exchanged.
* Highlighting Global Economic Imperfections: Highlighting the prevailing imperfections of the global economic model and raising awareness about its adverse effects on societies worldwide.
* Informing and Supporting Stakeholders: Inform and support policymakers, the public, businesses, and civil society about economic issues and alternative policy solutions.
* Encouraging Public Debate and Exchange of Ideas: Foster a culture of open debate and idea exchange among various stakeholders.
* Monitoring Policy Effects: Monitor and evaluate the impact of policies and government programs.
* Collaboration with International Organizations: Recognize the importance of global cooperation and seek to align with international organizations that share its vision for equitable economic development.
As IPE embarks on its journey towards proposing transformative economic policies, it invites stakeholders from all sectors to join hands in this critical endeavour. By combining diverse expertise and perspectives, IPE aims to create a powerful force for positive change in the country.
Economist Ishac Diwan, Director of Research for the Finance for Development Lab at the Paris School of Economics (part of Ecole Normal, Sorbonne-Paris 1), who also serves as an advisory board member of the IPE shared his reflections by saying: “Congrats on putting this think tank together. All of you have done admirable work already and comes at a critical time to carry forward work that promotes alternative models on the debt crisis and the global economy. I am happy to be part of the advisory board for IPE (Institute of Political Economy) and look forward to working with everyone.”
IPE’s public engagement around the debt crisis and seeking just solutions for it, continues with a Newsfirst, Sri Lanka (People’s Platform) television programme on the topic “IMF: Beyond ticking the boxes” which aired on 26th September 2023. It included Professor Jayati Ghosh (Professor of Economics at the University of Massachusetts-Amherst, USA), who is also on the IPE Advisory Board. This programme is one in a series of public engagements that a loose collective for debt justice began, which IPE hopes to continue. These initiatives involved collaboration with the Research Intelligence Unit (RIU), Verite, and multiple television panels (including the People’s Platform), which included interviews with Professors Jayati Ghosh, Ishac Diwan, Guy Standing, Yanis Varoufakis, Radhika Balakrishnan, Muthucumaraswamy Sornarajah. IPE plan to continue these public engagements.
More information: www.ipe-sl.org.
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[Prime Minister’s Media Division]
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Waste management and recycling to receive priority in the 2027 Budget – PM
Prime Minister Dr. Harini Amarasuriya stated that the upcoming 2027 Budget will place priority on waste management, waste reduction and recycling, emphasising that what should be left for future generations is not contaminated soil or seas filled with plastic, but a clean and green environment where they can breathe freely and live healthy lives.
The Prime Minister made these remarks while delivering the keynote address at the 3rd International Conference on “Plastic, Innovation and Environmental Sustainability”, organised by The Open University of Sri Lanka, held today (30 September) at the Cinnamon Lakeside Hotel, Colombo.
Held under the theme “Eco-Friendly Innovations,” the conference focused on minimising environmental damage caused by plastic waste, introducing environmentally friendly alternatives, developing circular economy models and promoting sustainable waste management. Addressing the conference, the Prime Minister further pointed out that plastic pollution is not merely an environmental issue, but a global challenge directly linked to the climate crisis.
The Prime Minister emphasised that the uncontrolled accumulation and disposal of waste poses a serious threat to both public life and the environment, and that the destruction of natural resources in the name of economic development cannot be considered meaningful development. The Prime Minister stated that several major projects are planned to be implemented under the Clean Sri Lanka national programme, including the “Pivithuru Purawara” National Waste Management Project, which will be implemented during the 2027–2029 period at a cost of Rs. 34 billion.
The Prime Minister further stated that the project aims to minimise the disposal of non-biodegradable waste, including plastic, into the environment, while expanding recycling and compost production. She also emphasised that laws and regulations alone are insufficient to ensure environmental protection, and that a sense of responsibility towards the environment must be cultivated through the education system itself. The Prime Minister also stated that steps are being taken through the new education reforms to practically integrate environmental education, plastic and waste management, and circular economy concepts into the school curriculum. She added that the “Green Schools” concept will be promoted at school level, encouraging children to adopt “Zero Waste” practices from an early age. In addition, the Prime Minister called on universities and researchers to adopt an interdisciplinary approach, bringing together fields such as engineering and social sciences, in order to develop practical and innovative solutions to these challenges.
The occasion was attended by the Vice Chancellor of The Open University of Sri Lanka Senior Professor P. M. P. C. Thilakarathne, Professor J. M. A. Manathunga, Professor Banduni Athapattu, Professor Alex Lin, members of the academic panel, local and international researchers, officials of the Ministry of Environment, and a group of university students were also present at the occasion. Prime Minister’s Media Division
[Prime Minister’s Media Division]
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Civil society activist accuses govt. of favouring Ven. Gnanasara
Court of Appeal issues warrant for monk’s arrest
by Shamindra Ferdinando
Civil society activist Gamini Viyangoda on Monday (28) lambasted the NPP government for its failure to act promptly on the Supreme Court cancelling the presidential pardon granted to the General Secretary of Bodu Bala Sena (BBS) Galagodaatte Gnanasara.
Addressing a gathering at the Sri Lanka Foundation to mark the launch of ‘Rajapaksha Samagama’ and ‘Pasku Praharaye Thoththa Babala’ by Lasantha Ruhununuge and Tharindu Uduwaragedara and M.F.M., Faseer, Viyangoda alleged that President Dissanayake’s government was also acting in a manner partial to Gnanasara Thera, the way all previous governments had done.
The NPP should be ashamed of its pathetic failure to act swiftly and decisively, immediately after the Supreme Court revoked President Maithripala Sirisena’s pardon. Viyangoda said that the government owed an explanation as to why law enforcement authorities couldn’t apprehend Gnanasara, following the announcement made on 14 Sept. “For two weeks what were they doing,” he asked.
Ven. Gnanasara was sentenced, in 2018, for a six-year period for contempt of court and intimidating Sandya Eknaligoda, the wife of Prageeth Eknaligoda who disappeared in 2010. But, President Sirisena pardoned him before the convicted monk completed one year of his six-year term.
Viyangoda said that Ven. Gnanasara had openly moved about freely, launched a book and acted as if the Supreme Court ruling didn’t have any impact. Every minute Gnanasara stayed in the open it was an affront to the Supreme Court, Viyangoda said, accusing the government of shielding a wrongdoer.
Referring to certain incidents during the Yahapalana time, Viyangoda revealed that he personally sought the then Prime Minister Ranil Wickremesinghe’s direct intervention to have Ven. Gnanasara, hiding at a faraway temple, apprehended. “I met Wickremesinghe at Temple Trees. When I raised the failure on the part of police to apprehend Gnanasara, Wickremasinghe immediately called Sagala Ratnayake, who was in charge of public security at that time. Ratnayake promised to take the monk to custody the following day. The next day, Gnanasara surrendered through a lawyer.”
Viyangoda alleged that the Wickremesinghe government had shielded Vem. Gnanasara. The Wickremesinghe-Sagala Ratnayaka duo did that in style, he said, accusing the present government, too, of doing the same.
The Court of Appeal yesterday (29) issued a warrant for the arrest of Gnanasara Thera and ordered that he be produced before the court on 1 Oct.
The court further directed that the warrant be executed through the Inspector General of Police.
This happened when a motion filed by the Attorney General, seeking an order to enforce the prison sentence imposed on Gnanasara Thera, was taken up before the Court of Appeal.
The motion was heard before a Court of Appeal bench, comprising Justices Mayadunne Corea and Lakmali Karunanayake.
President’s Counsel Anura Meddegoda, appearing for Gnanasara Thera, told the court that his client was resting due to illness and requested a date to study the motion and make submissions.
But State Counsel Sajith Bandara declared that the matter concerned a criminal case and requested that the court issue a warrant if the accused failed to appear before the court.
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