Concept
Neville Karunatilake
Overview
H. Neville Sepala Karunatilake (1930 – 24 January 2010) was a Sri Lankan economist and civil servant. He was the former Governor of the Central Bank of Sri Lanka.
Born to Ariyaratna Karunatileke and Neeta Freeda Karunatileke, his father was a land settlement officer in the Land Department. He received his primary education at St Thomas Preparatory College, Kollupitiy, and secondary education at Trinity College, Kandy.
Thereafter he gained a scholarship to University of Ceylon, graduating in 1951 with a BA special degree in economics. Later he gained an MSc in economics from the London School of Economics on a Colombo Plan scholarship and an MPA and MA in economics from Harvard University in on a Fulbright Research Fellowship. He went on to gain his PhD in economics from the University of London.
After graduating from the University of Ceylon, he served as a tutor until he joined the Central Bank of Ceylon in 1952 and was appointed director of Economic Research in 1975. In 1978, he was appointed Senior Deputy Governor of the Central Bank. From 1988 to 1992 he served as the governor of the Central Bank.
He was president of the Royal Asiatic Society (Sri Lanka Branch), Society for International Development (Sri Lanka Chapter), Sri Lanka Economic Association, and was the first editor of the Sri Lanka Economic Journal. He served in the board of governors of Trinity College and St Thomas Preparatory College. Karunatilake authored 17 books on economics and banking in Sri Lanka and more than 150 articles published in local and foreign journals.
Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).
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The endowments of schools and colleges have necessarily diminished, more or less, the necessity of application in the teachers. Their subsistence, so far as it arises from their salaries, is evidently derived from a fund, altogether independent of their success and reputation in their particular professions. In some universities, the salary makes but a part, and frequently but a small part, of the emoluments of the…
Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Close in meaning to Neville Karunatilake; the term itself is not named.
We shall endeavour to unite these conditions in the result of the following enquiry. In whatever manner political economists may have settled the definition of productive and unproductive labour or consumption, the consequences which they have drawn from the definition are nearly the same. In proportion to the amount of the productive labour and consumption of a country, the country, they all allow, is enriched: in…
John Stuart Mill, Essays on some unsettled Questions of Political Economy
States what Neville Karunatilake is.
His first writings, which dealt exclusively with the money question belong to the time of the most violent controversy between the Bank of England, which had on its side the ministers and the war party, and its opponents about whom were centered the parliamentary opposition, the Whigs and the Peace party. They appeared as immediate forerunners of the famous Report of the Bullion Committee of 1810, in which Ricardo’s…
Karl Marx, A Contribution to the Critique of Political Economy
States what Neville Karunatilake is.
Related ideas
- Bachelor of Arts
- Harvard University
- Doctor of Philosophy
- Sri Lanka
- Master of Arts
- University of London
- London School of Economics
Place in the tradition
Part of Buddhist philosophy.