Home / News / Be prepared for impending global changes: Amunugama

Be prepared for impending global changes: Amunugama


Comments / 1488 Views / Friday, 13 January 2017 01:58


Minister of Special Assignments Dr. Sarath Amunugama was the Chief Guest on 11 January at a conference on ‘Human Capital, Food Security and Economic Development’ held at Hotel Galadari, organised by the Institute of Policy Studies in collaboration with the Centre for Development Economics and the South Asia Research Network of Monash University of Australia.

02 

In the course of his remarks, the Minister took up a theme from President Obama’s globally-televised farewell address delivered a short while earlier and said that we have to be prepared for impending global changes. He said that it was a good guideline for the seminar that was being inaugurated. 

Existing research findings are useful but he said that we must look to the future and direct the research effort to foresee the emerging trends in world affairs and to propose feasible policy initiatives, particularly in the economic sphere, to meet these new challenges. 

The possible emergence of protectionism in the West which perceives itself as having been adversely affected to some extent by globalisation is a serious threat to the developing world and especially to the emerging economies of Asia. 

“It may be that we are in the cusp of a brand new world economic order,” the Minister declared. “Will the recently-entered-into global commitments in respect of climate change for instance survive the impending changes?” the Minister speculated. He requested the participants at the seminar to take a futuristic perspective in view of the possibility of big changes in the offing.

Turning to one of the topics for discussion at the conference , ‘Gender and Women Empowerment,’ the Minister referred to the great service rendered by Sri Lankan female migrant workers who remit their entire hard earned wages to the home country unlike richer expatriates working in developed countries.

At the beginning of his speech the Minister warmly welcomed the foreign participants at the conference and apprised them of the development work at the Port City and the Hambantota Development Zone.


Share This Article


COMMENTS

Today's Columnists

Shipping and ports: At the cross roads of national interest

29 May 2017

Newly appointed Ports and Shipping Minister Mahinda Samarasinghe being congratulated by his predecessor Arjuna Ranatunga when the former assumed duties early last week following the mini reshuffle of the Cabinet - Pic by Lasantha Kumara Sh...


New Finance Minister has a Herculean task ahead; he will win only if he moves with foresight

29 May 2017

New Finance Minister Mangala Samaraweera officially assuming duties at the ministry  – Pic by Pradeep Pathirana   Promise to continue with economic reform program The new Minister of Finance, Mangala Sa...


India’s new plan for TN fishermen could end row with Sri Lanka over fishing

27 May 2017

  India’s new INR 16,210 million ($ 250.9 million) plan to enable Tamil Nadu fishermen to exit fishing in the Palk Bay in three years from this year could end its decades-long row with Sri Lanka over poaching in Sri Lan...


Mayday! Mayhem in the making?

26 May 2017

By the time you read this, you would have perused many pieces, no doubt, on the precarious state of the nation of late. The painful memories of April-May – Meethotamulla pitfall and the proposed appointment of a military panjandrum to curb, ...


Columnists More