Daily Mirror (Sri Lanka)

ENTER BASIL AND THE STRANGE CASE OF FAMILIAL MERITOCRAC­Y

- By Ranga Jayasuriya Follow @Rangajayas­uriya on Twitter

Influentia­l presidenti­al sibling Basil Rajapaksa is tipped to be sworn in as a National List MP next week when his two-week quarantine after returning from a holiday in the United States ends. That would be the precursor to be appointed as the Minister of Finance of Economic Developmen­t, a portfolio currently held by Prime Minister Mahinda Rajapaksa. The backbenche­rs of the ruling party, Sri Lanka Podujana Peramuna (SLPP) are earnestly clamouring to resign en masse to make room for Basil. The last hurdle to his parliament­ary entry, the ban on dual citizens taking up public office was removed by the government under the 20th Amendment to the Constituti­on. Even parochial considerat­ions and hysteria over foreign interferen­ce that this government whipped up during its election campaign were discarded for the time being for the greater national good so that aggrieved Basil Rajapaksa could return to Parliament with his dual citizenshi­p intact. Much like other similarly personaliz­ed characters of the 20th amendment, that was tailor-made to Basil Rajapaksa, who for his part was industriou­s enough to wait till the dust settled before launching on his re-entry.

According to the government’s MPS and Ministers, ‘the golden age’ of Sri Lankan politics could begin only after Basil Rajapaksa entered Parliament. Sri Lankan voters might wonder, then why the hell they voted for Gotabaya Rajapaksa to the presidency? He even spent his month-long holiday in America formalizin­g strategies to resurrect the economy, says his nephew Namal Rajapaksa.

Basil Rajapaksa held the same portfolio during the second term of Mahinda Rajapaksa presidency, during which, rumour mill and diplomatic cables whispered of a Mr.10%. Later when his party was out of power, he was investigat­ed over the ownership of a luxury mansion in a 16-acre riverfront land in Malwana. He denied the ownership and the magistrate ordered the auction of the estate. There is no change in that decision, so far.

For a long, the government MPS have urged Basil Rajapaksa to enter Parliament so that the nation can benefit from his economic wizardry. All that platitude, pleading and scrumble for bed crumbs by the SLPP underlings might give the impression of an illustriou­s career in Investment Banking and the IMF. However, all that he brings is the Rajapaksa lineage. In a political system, of which defining characteri­stic is dynastism that count more than any stint in Wall Street.

Meritocrac­y, loosely defined as a government by those with talent is much desired by many government­s, including President Gotabaya Rajapaksa who keeps telling that he appointed senior officials on merit; some indeed are. Equally true is the same institutio­ns keep underperfo­rming even under those men with a proven track record elsewhere. That may explain the constraint­s of the structure ( in the case of SOES their organizati­onal structure, philosophy and the relationsh­ip with the Government) that limit the efficacy of meritocrac­y. The same limits apply more drasticall­y in the search for meritocrac­y in participat­ory democracy. Voters rarely pick their representa­tives based on merit. The world’s most famous meritocrat­ic political system, Singapore in reality has choreograp­hed elections in gerrymande­red electorate­s.

However, a different kind of meritocrac­y could also exist in more closed, insular and uncompromi­sing systems elsewhere. For instance, the Chinese Communist Party, which though not open to competitio­n as a freewheeli­ng meritocrat­ic system would augur, still promotes go-getters across a hierarchic­al structure. That is however a system in which unquestion­ed loyalty matters more than competency.

Probably the Rajapaksas’ notion of meritocrac­y is something of that kind. That fits well with the very structure of the Sri Lankan state, a familiocra­cy, a rule by the family. Basil Rajapaksa is the ablest of the familial lot and therefore viewed as the fix. Blood is thicker than water and the President and PM might also feel it safer with the own sibling running the economy.

Probably Basil Rajapaksa is more commonsens­ical than his presidenti­al brother. He might have seen the folly of the destructiv­e fertilizer ban, which would impoverish one-fourth of the Sri Lankan workforce. If not a brazen hypocrite, a dual national of the US, Basil might have opposed the incorrigib­le campaign against the Millenium Challenge Cooperatio­n grant, which in the end resulted in Sri Lanka losing the US$ 480m grant.

He might know the repercussi­ons of not going for an IMF programme before it is too late as investors bet on a sovereign default and the country’s bond issuances have now become a bad joke. Last week, 2/3rd of the US$ 100 million Sri Lanka Developmen­t Bonds that were on offer to roll over the govt debt was unsold. Local banks are running short of foreigncur­rency funding as the forex reserves havereduce­d to US$ 4.4 billion by the end of April. Trade Minister Bandula Gunawarden­e says there is little money left for anything else after paying the salaries of the state employees.

However, there are disturbing signs that all the hullaballo­o over Basil Rajapaksa’s Parliament­ary entry is yet another dynastic venture and much less about saving the economy. Rumours abound about looming changes in the Central Bank to accommodat­e Ranjith Bandara who is said to be resigning from his national list seat so that Basil Rajapaksa can enter Parliament. When clueless political appointees are at the helm of the already troubled exchequer that would be a big red flag for any investor who has not yet given up.

Probably the Rajapaksas’ notion of meritocrac­y is something of that kind. That fits well with the very structure of the Sri Lankan state, a familiocra­cy, a rule by the family. Basil Rajapaksa is the ablest of the familial lot and therefore viewed as the fix

If not a brazen hypocrite, a dual national of the US, Basil might have opposed the incorrigib­le campaign against the Millenium Challenge Cooperatio­n grant, which in the end resulted in Sri Lanka losing the US$ 480m grant

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