Ancient Sri Lankan Economic Systems
Journal Title: Financial Markets, Institutions and Risks - Year 2017, Vol 1, Issue 4
Abstract
The Greek philosopher Father of History Herodotus realized the value of studying the past as not how it happened but what happened. It is also a critical analysis that shows the human development; a phenomenon that changes rapidly and a methodical study that helps to acquire knowledge. The strategies implied by Sri Lankan aristocrats who lived in the ancient society to maintain their existence safely and in a balance manner, is the philosophy and all the Victories and Failures are involved in the Present! Moreover, both the ordinary vendor and the Mayor or Tax Collectors were advised wisely by the Kings, legitimate heir and clergy to do the needful. You can obtain some experience by looking into the ancestral methods they practiced in trade and economy which are similar to the present situation. As trade becomes strong against new challenges and when the immunity is created through society the historical heritage and perception become the same. Therefore, it is essential to study their nature of the contribution to render services to trade and economy, which has been complied, based on that standpoint. This strengthens minds for criticizing the everlasting conversation of past to present trade and economy and opens gateways to other activities as well. Whilst studying, a person is well disciplined, improves his own ability, learns human ideologies other than their own ways, gains access to inter relationships and most importantly distinguish associate!
Authors and Affiliations
Manik Jayasundera
Keywords
Related Articles
- EP ID EP522876
- DOI 10.21272/fmir.1(4).24-27.2017
- Views 107
- Downloads 0
Influence of State Banks on Economic Growth: A Cross-Country Analysis
The authors systematize the economic-mathematical models, as well as the results of empirical studies of authoritative international analytical agencies and financial institutions, in which the influence of state capital...
Factors Influencing on the Debt Consistency in Ukraine
In the article, the authors analyze the debt stability of the state with the help of factor models in order to ensure timely response to the effects of heterogeneous factors that form the stable or unstable state of the...
The Transmission of International Food Commodity Prices to China
Food commodity prices stability is a great concern in developing countries. The food commodity prices spike during 2007-2008 has put many developing countries short of food supply. Food has been the key issue in China. I...
Non-bank financial institutions activity in the context of economic growth: cross-country comparisons
The article deals with the analysis of non-bank financial institutions activity on the financial market of Ukraine, their basic progress and co-operating trends with the real sector of economy. The degree of develop-ment...
Reputation risk in banking: application for Ukraine
The paper examines the reputation risks in banking. Soundly, that the reputation risk of a bank is a socio-economic category, which can serve as a quantitative assessment (indicator) of the level of public trust in the b...