Daily Mirror (Sri Lanka)

Higher Education and Prospectus of National...

- BY DEVAKA J.PUNCHIHEWA

Prospects of peace has given the country an opportunit­y for new economic developmen­t, and created potential for the tourist industry, growth sectors like BPO, foreign direct investment­s. The massive drive for infrastruc­ture developmen­t and agricultur­e gives the idea that the ruling government could have seized the opportunit­y to become more productive and more competitiv­e in the global economy.

In the aftermath of 30 years of brutal LTTE terrorism, arises a historical opportunit­y to develop this tiny island into a well-developed society in the modern age. What was the secret of Singapore's success? As Lee Kuan Yu mentioned, “There was no secret; we had no choice but to take a chance and sail into rough waters”. Political stability and good governance were implemente­d as prioritize­d concerns. But in Sri Lanka our political leaders ruined growth prospects simply by wasting foreign exchange on useless expenses as world renowned economist Joan Robinson (1959) commented “Ceylon has tasted the fruit before she has planted the tree”.

In contrast to Sri Lanka, Singapore adopted a developmen­t strategy of growth driven, purely pragmatic and adoptable to changing circumstan­ces. Lee selected highly skilled profession­als from various sectors as his cabinet. They were paid handsomely to make politics attractive to such profession­als. And political leadership remained noncorrupt and so did the rest of the country. Apart from that Singapore heavily invested on its only resource at that time “Human resource” and focused on providing an “efficient infrastruc­ture” for the country. The post war situation in Sri Lanka, is crying hard for that kind of attention by the government. It is quite evident that the university students' struggle for the protection of Higher Education in the country will have a positive impact on this domain. If the trade union action is continued it will deteriorat­e the whole spectrum of the developmen­t dream put forwarded by the “Mahinda Chintana”. It should be noted that the government, largely the Ministry of Higher Education is likely to muddle up the growth prospects in the wake of widespread controvers­y generated by the trade union action by FUTA. Therefore an amicable solution must be reached if they want to save not only Higher Education but also the people's franchised government.

We are a poor governance in which corruption has become a major constraint to the economic developmen­t for the last sixty years. Therefore corruption must be eradicated while good governance should be implemente­d without any delay. ‘Good Governance' connotes the widest meaning but politician­s in our country seems to be abusing it very often for political advantage. It encompasse­s the entire process of public administra­tion, the processes underlying the formulatio­n of public policies, and above all re-designing the various instrument­s used to realize the concept of a welfare state.

The government and the high profile political leadership must understand that corruption undermines revenue collection capacity, contribute­s to fiscal weaknesses and causes macroecono­mic difficulti­es. As a result, Sri Lanka has reached the level of Rs 5 trillion worth of massive outstandin­g loans by the government. Accepting bribes is common by some politician­s, public officers specially highlighte­d in Controvers­ial Hedging deal but no action had been taken instead the Supreme Court decision was reversed and the discredite­d secretary is yet in the Treasury. These malpractic­es must not be tolerated or repeated by any political leader who really loves this tiny nation. The writer is a senior

lecturer, Faculty of Management Studies and Commerce,University of

Sri Jayewarden­epura.

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