Potential output of Sri Lanka: It is dangerous to speed the car beyond installed engine capacity
Impatience of politicians to accelerate the engine of growth-Sunday 16th March 2014Politicians, no matter where they are in the globe, are like youngsters at the wheel of a racing car. They want to kick-start an economy, have a quick pick-up and accelerate it to a speed never ever achieved by their predecessors. Their impatience for a rapid economic growth is not matched by the slow pace in which things are happening around them. The quick-fix methods suggested to accelerate growth push everyone over the limit resulting in a state of panic which then leads to stress.
