Showing posts from September, 2011

Sri Lankan “free” education & “free” health ; a boon or a curse?

Countries like Korea, Malaysia and Singapore are well above Sri Lanka in terms of economic prosperity. Sri Lanka had the same initial conditions belonged to those afore mentioned countries. But what hampered Sri Lanka’s economic growth? ; According to my economic sense, the culprits are the “free” education and the “free” health. The word “free” is within quotations for two reasons. First reason is a universal truth. There is nothing free in this world. Free welfare is distributed at the expense of taxpayer’s money. The second reason is that even though “free” (which is distributed as a benefit) it’s the perpetrator of Sri Lanka’s hindered economic growth.
Sri Lanka boasts a superior literacy rate. But unfortunately intellectuals and skilled labors have no business projects in Sri Lanka to efficiently utilize their skills and abilities. They go abroad in search of better employment opportunities. They should not be blamed. They bring money to Sri Lanka. But if their skills were employe…