Posts

Showing posts from April, 2015

World Economic Forum East Asia - Dispatch No 1 from Jakarta!

Image
My first session at the World Economic Forum East Asia, was on the Role of Think Tanks in Policy Making in East Asia.   The session was Chaired by Simon Tay, the Chairman of the Singapore Institute of International Affairs. Two short presentations were made by William H Overholt, President of the Fung Global Institute, and Chandran Nair, Founder and CEO of the Global Institute for Tomorrow (GIFT) (don’t you just hate these clever acronyms, especially when you struggle so unsuccessfully to come up with them?!!) Overholt’s was a pretty orthodox, somewhat western-centric view.  He talked about TTs needing to think about the future, and to develop deep analyses of issues – because governments are beleaguered by electoral politics with no space to scout for new ideas or do some corrective thinking. TTs are also faced with challenges – challenges of maintaining independence while receiving government funds, or from ‘clients’ who typically want you to support/refute strategies that

Seeing RED

Image
  I have just seen RED.   Not because it is the auspicious colour for the New Year, but because I have just read in the Island of 11 th April the seventieth Pathfinder Economic Flash entitled Colombo Port City: Monster or transformative opportunity.   There has been a lot written about how transformative the project promises to be – not just of the Sri Lankan economy, but also of the environment in which we Sri Lankans live.   Some consider the transformation monstrous, others an opportunity! I had gone to the Pathfinder article with a view to finding some evidence for the latter view; for learning about the ‘potential benefits of a massive integrated development project of this nature’, especially the benefits of the marina and yacht club, the seaview apartments, the five star hotel, the mini golf course, the shopping and entertainment centre and the ‘many other modern facilities’.   IMHO, the benefit from projects such as the Colombo Port City Project is a zero sum game.