Part I – The promise of a Knowledge-based Competitive Social Market Economy: What does it herald for Sri Lanka?
The onus of creating and running an economic democracy will lie chiefly on the newly-appointed National Government
Monday, 14 September 2015
The onus of creating and running an economic democracy will lie chiefly on the newly-appointed National Government
Monday, 14 September 2015
The promise of ushering in a social market economy
The election manifesto of the United National Party (UNP) which won the highest number of parliamentary seats at the recently held General Elections describes its economic policy as a ‘Knowledge-based Competitive Social Market Economy’.
The manifesto does not say much about it except presenting the basic features underlying the new economic system in a brief preamble. Accordingly, it represents a Third Way, a way different from extreme socialism and extreme capitalism.
The election manifesto of the United National Party (UNP) which won the highest number of parliamentary seats at the recently held General Elections describes its economic policy as a ‘Knowledge-based Competitive Social Market Economy’.
The manifesto does not say much about it except presenting the basic features underlying the new economic system in a brief preamble. Accordingly, it represents a Third Way, a way different from extreme socialism and extreme capitalism.
