Midweek Review
Vision for a Holistic Education

Closer Connections among Different Branches of Human Knowledge:
by Liyanage Amarakeerthi
(A shortened version of a plenary speech given by Prof. Amarakeerthi at the International Conference of Sabaragamuwa University, Sri Lanka, on 03 December)
Every year I teach a course in aesthetics and non-linguistic arts. In that, I discuss what we ‘get’ from visual art works such as painting. One of the difficulties I constantly have is to explain to my students what they gain from looking at a painting, watching a dance performance, or listening to a piece of music.
Getting something out of art is a tricky business. Visual arts appeal to our eyes and through that sensory agent, a painting creates a certain aesthetic effect on us. Alexander Baumgarten, the first philosopher to open up the field what is now called “aesthetics”, thought that human beings gain a certain knowledge of themselves and the world through aesthetic objects. That knowledge is, he argued, acquired through our senses, eyes, ear, skin, tongue. This bodily perception he thought is inferior to rational knowledge. For him, only the rational mind can produce superior knowledge. In his book, Aesthetica (1750), he famously said, ” Aesthetics is the sister of logic.” One can easily see the Cartesian separation of mind and body here. Descartes’ has it that, “I think, therefore I am.” Here think means, logical thinking, the activity of the mind. But the ‘aesthetic cognition’ of Baumgarten was about bodily perception, about what we feel with our senses. Descartes or card-carrying Cartesians would never say, “I feel, therefore, I am.”
In the Western discussions about knowledge after Descartes, a tragic separation of the rational mind and emotional body takes place and it has continued to exist and widen despite numerous attempts to bridge it. My speech today is about creating points of contact across this divide. This is not a new theme in the scholarly discussions, of course, but in Sri Lanka this requires much more attention.
Professor Antonio Damasio has demonstrated in his excellent book, Descartes’ Error, maintains that the mind/body separation was a mistake made in the rationalist tradition. According to him, rational thoughts and emotions nurture and supplement each other. In fact, it is in the fertile ground of emotions that rational thought achieves its richest form. Damasio claims in the fields of neuroscience and biochemistry emotions have been given the due place they disserve: “Contrary to traditional scientific opinion, feelings are just as cognitive as percepts”(xxv). After all, it might not all that wrong to call, ” I feel, therefore, I am.”
Taking cue from scientists
Taking a cue from scientists like Damasio, I think that these new developments in natural sciences can be wisely used to create a new dialogue between sciences and the humanities, the latter being often regarded as fields that deal with human emotions.
In a striking paragraph in their Primordial Bond, Stephen Schneider and Lynn Morton state,
“Along with the attempt to separate himself from Nature, man has also separated himself from his fellow man. We have subdivided ourselves into groups: professions, nationalities, religions, sexes, and even intellectual sectors like artists and scientists”(1981, 21).
Separations of this kind might be somewhat conceptual in the West, here, in Sri Lanka, the separation is physical, social, and even political. It is physical in the sense that those of us who are in these separate subject areas are physically distanced from each other as exemplified in the way different faculties are separated at the best-planned university, Peradeniya. The separation is social because those who have the expertise in different subjects are hierarchically organized – doctors at the top and others are bellow at different degrees. At least in the public imagination, this is usually the case. That separation is political in the sense powerful trade unions of doctors to continue to the get the lion’s share from the country economy. Remember, those were the ones who go the lion’s share of the country’s education in the first place.
This kind of intellectual or cultural attitudes are absent, at least in a crude form like the above, in countries where the idea of liberal arts has persisted for centuries. A typical liberal arts curriculum includes natural sciences, mathematics, history, literature, economics, languages, fine arts and so on. All these subjects are taught all the way up the university entrance level. At the university, students are required to take humanities and social science courses no matter what subject they are going to major in. For example, to get into the medical school, one has to pass some pre-med courses which typically include the following: Biology, biochemistry, calculus, ethics, psychology, sociology, statistics, genetics, humanities, public health, and human physiology.
As a graduate student at the University of Wisconsin, I have met pre-med students and students from the School of Engineering, and the Business School taking courses in literature, drama and philosophy at the school of Arts and Sciences.
Even this long tradition of liberal arts in such powerful countries has been under threat in recent times. But when that happens over there, numerous educationists come forward to defend that concept of holistic education. One such scholar, Mark William Roche wrote an excellent book, Why Choose the Liberal Arts? when the idea of holistic education came under attack nearly decade ago. Let me quote a paragraph that might resonate with all of you: “Liberal arts students are encouraged to develop not only an awareness of knowledge intrinsic to their major but a recognition of what that discipline’s position within the larger mosaic of knowledge. The college or university citizen invested in the search for not only specialized knowledge but also the relation of the diverse parts of knowledge to one another. To be liberally educated involves knowing the relative position of the little one knows within the whole knowledge. Mathematics helps us see the basic structures and complex patterns of the universe, and the sciences help us understand and analyze the laws that animate the natural world, the inner world, and the social world. History opens a window onto the development of the natural and social world. The intellectual fruits of arts and literature, the wisdom of religion, and the ultimate questions of philosophy illuminate for us the world as it should be. In essence, the arts and sciences explore the world as it is and the world as it should be (pp. 21-2).
A rethink needed
In Sri Lanka too, it is time for us to reconsider the separation of various branches of knowledge and to imagine the ways by which we can reconnect- most rewarding ways to reconnect. Regular discussions with some of my colleagues in natural sciences at Peradeniya, and engineering have convinced me that there are so many intelligent and creative people on the other side of the divide, eagerly waiting to hold on to a friendly hand extended from our side.
This does not mean that the disciplinary hierarchies within the world of education have suddenly fallen down, and all have become equals. That is hardly the case. The subordination of all other subjects to natural sciences still continues. Publishing industry, funding mechanisms, ranking systems, the methods of rewarding scholars are more or less dominated by the scientific way of thinking. Scientism, that is elevating science to an object of worship, is also visible.
But still it is worthwhile for those of us in the humanities to engage in discussions at least with some branches of natural science. In fact, I think that, as a first step towards initiating this dialogue, everyone enters the faculties of arts should be provided with opportunities to learn the basics of science. In addition, a course in philosophy of science will show them both potentials and the limits of science.
A Union of Nature and Culture
Already, in cultural studies, there is a closer dialogue between natural sciences and social sciences in the effort understand how much of our ways of being in the world owes to nature and how much can be attributed to culture, and more importantly how much of culture gets into our psyche during the course of evolution or history. The way we carry ourselves in the world has been determined by both culture and Nature. Much of human nature is in that sense both cultural and natural.
Constructivism
Cultural constructivism had a major blow after that famous Canadian experiment in 1960s failed. Let me remind you that famous case. When a Canadian baby boy being circumcised, a doctor accidentally cuts off a large part of the boy’s penis. It was the heyday of cultural constructivism and the baby’s parents and the doctors decided to remove the remaining part of the penis, and to turn the boy into a girl. The plan was to raise the child as a girl, and surgically change the penis into a vagina, and, when she comes to the age of puberty, they would give her required hormones to help her move into complete womanhood. The parents named her “Brenda.” Famous psychologist named John Money advised the doctors and parents about how culture constructs gender, and Brenda was raised as a girl. Her clothing, toys, games and so on all were the ones typically assigned to girls. But Brenda never felt at ease with any of these. She did not feel comfortable among girls. The carefully planned socialization program failed.
But the textbooks on gender difference instructed the parents that the project should succeed. John Money the psychologist did not want to admit that it was a failure because of the impact it was likely to have on his career. By the time, Brenda was going to be given hormone injections to transform her completely into a woman, she rebelled and the parents decided to tell her what really happened. Brenda gave up all her cultural identity of a woman and took a male name. Of course, he is unable to father children. He married a woman who had two children from a previous relationship and became the father to them.
Culture and socialisation
Culture and socialisation, two mechanisms, the constructivists thought could transform a boy into normal girl, failed making a huge impact on the constructivist school of thought. Our biological hardwiring and genes are so crucial in deciding who we are. The culture, society, ideology and the like are still important creating and sustaining our identities. A much finer understanding between natural sciences, social sciences and the humanities can help us get the bigger picture of being human. We might never understand the final or the most perfect picture of all realities of the humanity. One of the remarkable truths the study of genes reveals is that a minute genetic uniqueness can result in giving each of us a unique identity, and end up making us significantly different from each other. Culture and socialization can only strengthen, even overdetermine, that difference. Moreover, socialisation can make us see our shared humanity as well. One may recall here Simone de Beauvoir’s famous sentence, “One is not born, but rather becomes, woman”. (The Second Sex).
These scientists are not suggesting at all that we should return to biological determinism to argue, contrary to de Beauvoir’s point, that all the attributes of a woman are natural and she is born with them. No. We know much of what makes a woman is socio-culturally determined. But Brenda’s case invites us to come up with much richer understanding of nature/culture divide.
What I am suggesting here is that the humanities will certainly benefit by paying closer attention to some meticulous research in natural sciences. Yet, I am no expert to use scientific knowledge in a scientific manner. Therefore, what I am saying here might be incomplete and partial. But still, these facts, I hope, that make some sense.
Amygdala, the Almond
Let me tell you about the story of Amygdala – a small segment of the human brain. In Greek, Amygdala means, ‘almond’ because it is what this particular part of the brain looks like. This small area of the brain is so crucial in determining human behavior, especially various behaviors related to aggression. We in the humanities and social sciences, often study causes of human aggression. In the field literature, we interpret aggressive behaviours looking into their social-cultural origins. We often use one person’s actions as windows into human action in general in a given social or historical contexts. I truly believe that scientific explanations about the workings of Amygdala reveals us certain realities of human life that we cannot ignore. Incorporated into our culturalist or behaviorist explanations about human affairs, these scientific revelations can deepen our understating of ourselves. Extreme naturalists too can learn one or two things from the humanities and social sciences.
Scientists have experimented with Amygdala for years using various animals in addition to human beings. When this particular portion of the brain is damaged or wounded by some scientific methods, rates of aggression in that animal significantly decline. Conversely, when the Amygdala is stimulated by implanting electrodes there, aggression of the animal increases. In humans too, scientists have found out that the functioning of amygdala is so crucial for aggressive behaviour.
Human aggression has some important pathological source, and by scientifically controlling Amygdala aggression can be controlled. In other words, surgery knife, electric shocks or injections can be more useful in suppressing riots than armies or police forces! Perhaps, that is already happening.
Robert Sapolsky discusses two cases, one from Germany and another from the US, where two perfectly normal people turning into gangsters and murderers simply because their amygdala is damaged. In the two cases, more than socio-cultural causes, the damaged amygdala was the most apparent reason for them to become what they later became. The whole story of two cases are the stuff of novels and films- things we regularly discuss in our classrooms, lecture halls and in our literary or cinematic criticism. We are more than likely to use these two cases as points of departure to embark on much larger socio-cultural analysis.
Not only aggression
Amygdala is related to many other emotions, mental traits and behaviors. Anxiety, fear, and certain phobias might have their origin in certain parts of amygdala. This part of the brain plays a crucial role in making social and emotional decisions. Even at the risk of this speech turning into a lesson in neurology, please allow me to cite some more examples.
When we accidentally chew on some rotten food, we instantly spit it out even before we could make a conscious decision of it. That is amygdala at work. A chemical reaction happens there, gets what is harmful to us out of our body. What is interesting for us is this: When see something morally disgusting such as woman being subjected to violence, the same chemical reaction takes place in amygdala and prompts us to take appropriate actions. Here amygdala and the frontal cortex of the brain work in unison to alert us about the right kind of behavior.
It is not surprising perhaps that amygdala gets activated by rotten food because it is nature’s way of protecting us from harm. But we activate amygdala when we think about morally disgusting things. Remember, when we think about them. In other words, a mental image of such a thing can still get us physically activated. Perhaps, this explains how and why literary works and films can move us into moral actions.
But there are ways this becomes complicated. These chemical reactions to disgust occur in the brain, for examples when accidentally chew on a cockroach or think about doing so. Things get still more complicated, my friends- still more complicated! Similar chemical reactions in our brain take place when we feel that a neighboring tribe, a group of people are like ‘loathsome cockroaches'(Sapolsky. Behave. 41-2). Now, you can see that neuro-chemistry in our bodies participate in our nationalism, racism and the self/other divide.
I do not want to argue here that nationalism, racism or political rivalry is all about a set of chemical-electric work within the body. I am just drawing your attention to the fact that our biochemistry has a significant role in our cultural, social and political life. No scientist, whose work I have studied so far claim that our culture, our social relations and so on are all about biochemistry. They certainly acknowledge the significance of socio-cultural contexts. In the concluding section to his monumental book, Behave, professor Sapolsky puts it four words: “Brains and cultures coevolve.” (672)
US and Them
Human beings, like some other animals, separate the world into Us and Them. This division often takes to be fundamentally cultural. Many of signs that are interpreted as US are indeed cultural. But the function of amygdala tells us something interesting. Us and Them separation may have a biological foundation. Explaining how empathy and brain are related, Sapolsky states,
“‘…Amygdala activates when viewing fearful faces, but only of in-group members; when it is an out-group member, them showing fear even might be good news — if it scares Them, bring it on”(395).
In winding up, this speech, let me repeat my main argument: The isolation of different branches of knowledge from each other has been a perennial problem in our education. Specialized knowledge is important indeed. But still there must be intense discussions among those fields because for a holistic understanding of our lives, societies, and the world can only be arrived at by attempting to create an organic whole in which each field of knowledge has a gap to fill. Where the gap is seemingly filled by one branch of knowledge, still other branches of knowledge might be able to fortify filling even further. And there may be certain gaps the humanity will never fill, and that is where we need much more engaged discussion among ourselves.
In this speech, I suggested that liberal arts model followed in the US and elsewhere, could guide us to think of model of our own to integrate various forms of knowledge. To begin this process of integration, those of us in the humanities should consider the ground-breaking new research, some of which, I have summarized above. Those of us in the natural sciences too need to learn the art of writing science in a manner that can be understood by the non-specialists.
(Amarakeerthi is professor of Sinhala at University of Peradeniya)
Midweek Review
Courtroom killings:From Attanagalle to Aluthkade

By Shamindra Ferdinando
Since the mid-1970s this country has seen so much bloodshed, beginning with the cold blooded killing of SLFP Jaffna Mayor Alfred Duraiappah on 27 July, 1975, by the LTTE, that even many of us journos, who have lived through and recorded much of that gory past, too, have literally lost the exact count from our memories, so no wonder having read last week’s midweek piece ‘A second killing in a courtroom, a question of national security and overall deterioration of law enforcement’ former Irida Divaina editor and one time colleague in our sister paper, Anura Soloman, reawakened the writer’s memory to the Wavulkelle killings. The writer inadvertently failed to at least refer to the Wavulkelle massacre that was also a grim reminder of the direct nexus between the party in power and law enforcers that had also become a cancer in this country, whether the rulers are corrupt capitalists or fake Marxists and opportunists or those somewhere in between.
We must also note that over the years our rulers also exacerbated feelings of resentment among Tamils as a result of many rotten cops, or those deemed politically undesirable, being posted to faraway places on punishment transfers. One can imagine how they would have taken out their own frustrations when discharging their duties in such places if they were so bad here, to start with. And that practice ironically continues to this day.
Sub Inspector Dhammika Amarasena, who had been interdicted over the Wavulkelle massacre, was shot dead inside the Attanagalle Magistrate court in Nov. 1991. Amarasena, who had been one of the accused in the Wavulkelle carnage where 12 persons were shot dead in late Feb. 1990, was the first suspect to die in a courtroom. Among the Wavulkelle victims had been a young woman who, according to the only survivor, was sexually abused by several male prisoners at the behest of a posse of bestial policemen before being killed.
The media reported at that time that the victims had been stripped naked and shot in single file by two gunmen. Amarasena had been among the gang of policemen responsible for the heinous crime that was carried out after the eradication of the Janatha Vimukthi Peramuna’s second armed uprising 1987-89. The victims were believed to be sympathizers of the then main Opposition Sri Lanka Freedom Party (SLFP).
Of the 13 people abducted and taken to a clearing, 12 had been shot dead and their naked and charred bodies were found by villagers. The crime would have remained a mystery if not for one of the abductees managing to flee from the clutches of those killers.
Solomon emphasized that the recent high profile courtroom killing of Sanjeewa Kumara Samararatne aka Ganemulle Sanjeewa, the fourth inside a courtroom, couldn’t be discussed without examining the killings carried out in the Attanagalle Magistrate court. Amarasena’s father-in-law, who had been seated next to the interdicted policeman, was also killed. The killer escaped.
Of the 14 suspects attached to the Weeragula and Attanagalla police taken into custody in connection with the CID investigation, the Attanagalle Magistrate discharged seven of the suspects and the remaining were charged with unlawful assembly, abduction, murder and lesser charges. The mastermind was never punished.
The Wavulkelle killings and the subsequent Attanagalla courtroom killing attracted international attention. The London headquartered Amnesty International (AI) dealt with this issue. It would be pertinent to stress that the Wavulkelle killings were carried out several months after the arrest and the execution of JVP leader Rohana Wijeweera and the elimination of its top leadership, barring Somawansa Amarasinghe, who managed to escape with clandestine Indian help.
The Nov. 1991 Attanagalle courtroom killings, during Ranasinghe Premadasa’s presidency, were followed up by the elimination of Dhamamika Amarasinghe in January 2004 during Chandrika Kumaratunga presidency, inside the Hulftsdorp court complex, and the most recent killing of Ganemulle Sanjeewa (Anura Kumara Dissanayake presidency/Aluthkade court complex).
The Attanagalle hit is widely believed to have been ordered by a businessman whose family happened to be among the victims of the Wavulkelle massacre. During the second JVP-led insurgency (1987-1990) both the government and the insurgents perpetrated heinous crimes. There cannot be any dispute that the ruling UNP exploited a murderous counter insurgency campaign to eliminate its political rivals as well. However, courtroom killings have to be thoroughly investigated and perpetrators (read masterminds) arrested and punished. The Attanagalle courtroom killings mastermind must have taken the law into his own hands as he felt the perpetrators of the Wavulkelle carnage wouldn’t be punished.
Parties in Parliament, as well as those not represented, have conveniently forgotten the murderous political culture that prevailed during that time. The Wavulkelle carnage never received the public attention it deserved. The police and successive governments never made an honest effort to investigate law enforcement officers’ alleged involvement in extrajudicial killings.
The second Aluthkade hit
Over the past three decades, the law and order situation has deteriorated to such an extent, that the corrupt elements in the police are now directly enmeshed in the underworld. Ganemulle Sanjeewa’s killing underscored the responsibility on the part of the National People’s Power (NPP) government to conduct a no holds barred investigation, particularly against the backdrop of the disclosure that the Colombo Chief Magistrate Court hadn’t directed the Prions Department to produce Ganemulle Sanjeewa in court on the morning of 19th February.
Colombo Chief Magistrate Thanuja Lakmali is on record as having questioned the senior Prisons Department officer present in court as to why Ganemulle Sanjeewa was produced in court in the absence of a specific court order in that regard.
Let me remind you what police constable Hewapathiranage Tharanga told the inquest into Ganemulle Sanjeewa killing held before Colombo Chief Magistrate Thanuja Lakmali on 24th February. PC Tharanga, of the Keselwatta police, said that the gunman, who had been dressed as a lawyer, fired several shots in rapid succession at Ganemulle Sanjeewa the moment Magistrate Thanuja Lakmali asked for an explanation from a Prisons’ Department officer. What the Colombo Chief Magistrate said was that Ganemulle Sanjeewa had been brought to Hulftsdorp from maximum security Boossa prison without a court order.
The Magistrate’s shocking declaration should be examined taking into consideration IGP Priyantha Weerasooriya revelation that he intervened to prevent Ganemulle Sanjeewa being produced in the Gampaha court the previous week following intelligence warning of a possible attempt on the underworld kingpin’s life. Therefore, the crux of the matter is who decided to produce Ganemulle Sanjeewa in court without any such order. That issue has to be addressed without further delay.
The possibility of the assassin – a legally discharged soldier who had undergone the basic commando training course – having access to those in charge of Ganemulle Sanjeewa’s security cannot be ruled out. If notorious underworld figure Kehelbaddara Padme, operating from overseas, had ordered the elimination of Ganemulle Sanjeewa to avenge the killing of his father, as alleged by some, targeting him while being escorted by a squad of elite police commandos wouldn’t have been feasible. In addition to police commandos, Ganemulle Sanjeewa ostensibly also received armed protection from the Prisons Department.
The latest underworld hit exposed glaring shortcomings in security. The police and the Bar Association of Sri Lanka (BASL) owed the public an explanation why lawyers weren’t subject to routine security checks before entering courtrooms during high profile cases.
Especially against the backdrop of IGP Weerasooriya’s disclosure that they had been aware of an attempt that was to be made on the life of Ganemulle Sanjeewa on the previous week at the Gampaha court, why were not special security arrangements made on 19 February?
Perhaps, the Justice Ministry, the police and the judiciary should reach consensus on the deployment of armed police within courts for the protection of criminals under threat. It would be pertinent to mention that police assigned to provide security to judges are authorized to carry side arms in courts.
The Aluthkade killing, coupled with the Middeniya triple murder where the one-time henchman of the Rajapaksas was killed with two of his children, and two deaths in police custody, placed the NPP government in an extremely difficult situation.
Twelve persons have so far been taken into custody in connection with the Aluthkade killing. However, the woman accomplice of the assassin, who smuggled in the weapon into the courtroom, remains at large.
The recent issuance of an order by the Matara Magistrate to arrest eight policemen, including ex-IGP Deshabandu Tennakoon, over an alleged conspiracy to commit murder with regard to an incident at W 15 hotel in Weligama on the night of 31 Dec., 2023. If it is true that further underscores the deterioration of law enforcement. The predicament of a once powerful cop on whose behalf the previous President went to the extent of clashing with even the judiciary stresses the responsibility on the part of all parties to exercise caution.
Midweek Review
Truth and Reconciliation

By Lynn Ockersz
Ill-concealed by the sands of time,
Skeletons continue to scramble out,
Telling inconvenient, face-reddening truths,
Of smoking guns never brought to justice,
Of equity undelivered or miscarried,
Pointing to the error of the land’s ways,
But also warning it to be reconciled ere long,
Lest the Isle wanders dangerously once again,
Down blood-splattered tracks of self-harm,
And drives home the brutal truth of nation-breaking.
Midweek Review
The price of losing economic sovereignty

by Shiran Illanperuma
On 17 February, President Dissanayake delivered his maiden budget speech. The second reading was passed by a majority of votes on 25 February, and a vote on the third reading will be taken up on 21 March.
Amid the day-to-day politicking surrounding budget debates, it is important to remind ourselves of the socioeconomic context in which this budget has been presented. It has now been three years since Sri Lanka experienced its worst economic crisis in the modern era. In May 2022, Sri Lanka defaulted on its external debt for the first time in history. In September 2022, the country entered into a staff-level agreement with the IMF for a 2.9 billion US dollar bailout.
The effects of the austerity measures undertaken in order to earn the IMF bailout were plain to see in 2023. According to recent research the Centre for Poverty Analysis, poverty in Sri Lanka soared from 26% in 2022 to 31% in 2023. In raw numbers, this means that about 7.1 million people fell into poverty. To put this into perspective, 7.1 million people is a population greater than the entire Western Province (which was about 6 million according to the last census in 2012).
It would be unreasonable to expect a single budget to resolve the colossal humanitarian crisis brought about by the 2022 default and ensuing IMF programme. However, what is reasonable to expect is a contextual analysis of the factors, both local and global, that brought us here, and an outline of the way forward. Unfortunately, such analysis was entirely missing from the President’s maiden budget speech. In its place was the pronouncement of some lofty, but admirable, principles.
No democracy without sovereignty
During his budget speech, President Dissanayake said, “What is needed going forward is for a greater democratisation of the economy” – a noble goal given the socialist aspirations of Sri Lanka’s republican constitution. In this same speech, Dissanayake also said that achieving economic sovereignty was necessary to implement the NPP’s agenda.
Two days later, at a post-budget forum organised by the MBA Alumni Association, University of Colombo, and Daily FT, Dissanayake conceded, “Our economy is running on conditions. There is no economic independence or sovereignty – it is under probation and being monitored.” The implication is stark: Sri Lanka has no economic sovereignty, and therefore the mandate of a democratically elected government cannot be carried out.
What is left out of this equation is that the mandate of the NPP was to fight for the very economic sovereignty needed to carry out its programme – that is, to renegotiate the unfavourable debt-restructuring deal which would see Sri Lanka carrying a public debt-to-GDP burden of up to 95% even in 2032. This mandate was reneged in November 2024 when President Dissanayake endorsed the IMF programme, arguing that, “This is not the time to discuss if the terms are good or bad.”
One does not need a political science degree to understand that there can be no democracy without sovereignty. Any pretences of democracy in conditions of non-sovereignty are a façade. Economic sovereignty is not something that will magically reappear once the current IMF programme comes to an end. Rather, active work will be required to undo the worst of the policies undertaken under the auspices of the programme.
In other words, the confrontation with capital required to restore economic sovereignty is inevitable. To pretend otherwise is either naïve or dishonest. To say now is not the time is to ignore that there will likely never be a good enough time, especially as all forecasts point to Sri Lanka enduring a heavy debt burden to private foreign creditors even after the IMF programme concludes.
Citizen’s budget or creditor’s budget?
This budget was promoted as a citizen’s budget. The implication is that it is a budget that prioritises the mass of people, workers, farmers, fishers etc. over the interests of big business both local and foreign. To that end, there are many welcome proposals, including the move to increase public investment as a share of expenditure from 13% of GDP in 2024 to 18% of GDP in 2025.
However, this pales in comparison to the mammoth 41% of expenditure taken up by interest payments. Sri Lanka had one of the highest interest burdens in the world before defaulting on its external debt in 2022. This was predominantly due to the shift in borrowing from multilateral and bilateral creditors to private creditors. According to data from the World Bank, private bondholders accounted for 36% of Sri Lanka’s outstanding debt but 70% of interest payments in 2021.
In fact, the greatest fiscal burden for the governments is not the public sector wage bill or subsidies, but interests’ payments, particularly those from foreign debt. In the past decade or so, Sri Lanka has made the reckless move of borrowing externally to finance its domestic budget deficit. This creates massive exchange rate risks in serving that debt, as Sri Lanka maintains a yawning trade deficit due to its underdeveloped industrial base.
The Central Bank Act, a key condition of the IMF programme, and one that even the US ambassador seemed keen Sri Lanka adopt, will exacerbate this trend. With the newly ‘independent’ Central Bank unable to finance the government’s budget deficit, the government must rely even more on private creditors, both local and foreign, in the event of an external shock to the economy. This loss of monetary sovereignty remains the single most damaging element of the IMF’s conditions.
Changing international order
A void in the President’s budget speech was any reference to the implications of a changing international economic order to the future trajectory of the Sri Lankan economy. With the second inauguration of President Donald Trump in the US, there is an ongoing tactical shift in the US ruling class’s approach to maintaining a preponderance of power in a world where the economic centre of gravity is shifting to Asia.
First, the suspension of foreign aid leaves several government programmes without funding. Second, the combination of diminished consumer sentiment and a rise of protectionism in the Global North leaves the future of Sri Lanka’s exports highly uncertain. Third, the Global North’s attempts to reshore and “friend-shore” industrial production, leaves prospects for productive FDI uncertain. Fourth, NATO’s tactical withdrawal from the Ukraine’s proxy war in order to consolidate a US-EU defence industrial base and contain China, poses serious security threats to Sri Lanka which is situated at the heart of the Indo-Pacific Strategy.
The key countervailing force to these trends is the new mood in the Global South, characterised by a return to ideas of as South-South cooperation. In purchasing power parity terms, BRICS members account for around 37% of world GDP, surpassing that of the G7. Sri Lanka’s position in these ongoing conversations about restructuring the international economic order remain vague and uncertain. To argue for greater engagement is not a mere moral or theoretical imperative.
Going back to the question of economic sovereignty, the fact is that Sri Lanka was never going to be able to negotiate a better deal on its own. That would require coordinated multilateral action, through the formation of something like a debtor’s club. While it is not immediately clear whether forums such as BRICS will provide a platform for this, what is undeniable is that these forums are where the important conversations are happening.
(The writer is a researcher at Tricontinental: Institute for Social Research and a co-editor of Wenhua Zongheng: A Journal of Contemporary Chinese Thought. He is also a co-convenor of the Asia Progress Forum.)
(Asia Progress Forum is a collective of like-minded intellectuals, professionals, and activists dedicated to building dialogue that promotes Sri Lanka’s sovereignty, development, and leadership in the Global South. They can be contacted at asiaprogressforum@gmail.com).
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