Lal Jayawardane
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Lal Jayawardane
Lal R. Jayawardena (Sinhala language, Sinhala:ලාල් ජයවර්ධන) (1935–2004) was a noted Sri Lankan economist and diplomat. He was the first director of the World Institute for Development Economics Research, World Institute for Development Economics Research (WIDER) (1985–1993) and Sri Lankan Treasury Secretary in the 1970s. Jayawardena had served as Sri Lankan Ambassador to the European Economic Community, EEC, Belgium, Luxembourg and the Netherlands (1978–82) and Sri Lanka's High Commissioner to the UK and Ireland (1999–2000). He was an Economic Adviser to the Sri Lankan President and Deputy Chairman of the Sri Lankan National Development Council. As the Treasury Secretary, he was also instrumental in the reform package that opened up the Sri Lanka economy in the mid-1970s and he chaired a study group on Indo-Sri Lanka Economic Cooperation, whose final report of formed the basis of the Indo-Sri Lanka Bilateral Free Trade Agreement (1998). He was also the ...
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Post-Keynesian Economics
Post-Keynesian economics is a school of economic thought with its origins in ''The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepresented by the two other principal Keyne ...
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