Mark Carney, aged 47, the Governor of the Central Bank of
Canada since 2008 has just been appointed the Governor of the Bank of England
for a 5 year term. That is the first time in the history of the Bank of England
that a foreigner has been so appointed, a sign of a globalised world, where the
best person for the job is recruited from wherever it may be. After all I
understand that he managed to keep Canada out of the global financial meltdown
where NO Canadian Bank went under during the financial crisis beginning in
2008.
It is a pointer to countries like Sri Lanka that obtaining
true professionals, as in not political may be the best course to adopt to
ensure that policies and guidelines are adopted in the best interests of the
Country. After all this position is the highest non elected position in the UK.
In today’s Sri Lanka how would it be if the Chief Justice was
appointed from outside Sri Lanka? I am sure there is NO provision for a non Sri
Lankan to hold that office.
This is meant to be a thought provoking blog, so I try to
include matters that will draw a readers’ attention to unusual events that
merit thinking outside the box.
When we are happily ensconced in our own world, in our
comfort zones, we do not like to tread outside it for fear of being made a fool
of, or sounding silly. It is nevertheless both courageous and daring to do so,
but at the same time gives a perspective that may give some food for thought.
In Sri Lanka thinking outside the box comprises of sending a
satellite into orbit with a Sri Lankan flag and calling it a Sri Lankan
Satellite going out on its maiden voyage on Tuesday November 27th on
a rocket from China. The Satellite was built in France, and sent to China to be
sent on Orbit, but as the Company that commissioned the Satellite is Sri
Lankan, a BOI company albeit possibly majority Chinese owned, as the ownership
is still a mystery, it is called a Sri Lankan Satellite. That is the thinking
outside the box that we indulge in. After all we do not even currently have a
communications center to manage the Satellite, that too being done from China.
If we check the web site of the China Great Wall Industry Corporation, www.cgwic.com it is obvious it undertakes to send
satellites for anyone who wants it done. All I need is the financing or part of
it, after all China will lend any amount to Sri Lanka to launch a satellite especially
as it overflies the orbit of South Asia. They can then spy on India. I am sure India
is pretty pissed off about it anyway!!
It does not take a rocket scientist, excuse the pun, to work out
that there is something fishy in this scheme, if the Defense Ministry or the Telecommunication
Regulatory Authority has not given their approval and the only approval necessary
is from the President!
So it is good to think outside the box to solve our financial
problems and find a way to reduce the debt to China and at least reduce the interest
rates they have charged us to more modest and reasonable and not usurious ones.
Please suggest a way out of our debt mess!!
8 comments:
this is indeed an odd idea - sending a satellite into space.
for the benefit of your readers outside of Sri Lanka, would you mind elaborating on the stated rationale for this venture and provide some commentary which incorporates all reasonable arguments?
some positions in government are contextually sensitive, and i would argue that the chief justice of sri lanka is definitely one of them. to be a good justice, you must not only be a master of the law but also one should be a master of cultural/social knowledge which gives color to the law and allows one to interpret the law in the most appropriate way for the society.
other positions that are less contextual could benefit from outside expertise.
in some other countries they have 'advisors' for those institutions that incorporate outside knowledge into the thoughts of decision makers within the institution. it's up to those decision makers to determine how apporpriate the advice is. the problem with this is that those advisors are really expensive and usually paid for through borrowed money from the advisors that are providing the advice!!
what is the 'usurious' rate of chinese loans? this would be a very interesting article from you, with complete analysis.
Believe it or not the first place I heard of this remarkable news is on this blog.
Sri Lankan leadership at all levels in business/politics is by and large either incompetent or corrupt.
The country needs to outsource most leadership positions to those who have proved themselves in the global sphere.
Being successful in SL frankly carries very little weight with me. The playing field is too distorted to make a proper evaluation of talent.
i hear mr. mitt romney, the ultra-successful (and hence implicitly ultra-"talented") American businessman, is looking for a job.
Mitt would touch the MR administration with a 10 foot pole!
Criticize him if you are a Democrat, but MR isn't fit to clean Mitt's Shit!
Mitt would touch the MR administration with a 10 foot pole!
Criticize him if you are a Democrat, but MR isn't fit to clean Mitt's Shit!
mitt romney is going back into private equity, which means he'll be shipping american jobs overseas again. MR needs to talk to him soon!
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