ICBI 2017

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    From Colonization to Neo-Colonization: The Diffusion of Socio- Cultural and Economic Aspects in Sri Lanka.
    (8th International Conference on Business & Information ICBI – 2017, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2017) Manjaree, H. M. S.; Divassini, P.
    Changes in society, culture and economy can be traced from colonial era to post-colonial era. However, the problem lies with the people as they cannot identify the post-colonial myth and hidden agenda of the change agent. The main objective of this study is to explain how Sri Lanka’s socio-cultural and economic landscape have changed in the post-colonial era with reference to the three scopes in globalization: Americanization, Orientalism and Hybridization. This review employs a systematic literature review methodology which is on a multiplicity of voices and origins of past studies of related concepts. It was founded that the Americans wanted to spread their power after the British colonial period and the Orient elites attempted to spread their power over the Americans. Eventually, both the parties understood the importance of hybridization with local culture for their survival. Furthermore, there is close tie between Colonialism and Post-colonialism. Therefore, Post-colonialism can be identified as Neocolonialism where the old devils came with different masks.
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    A Review on Need for a New Economics with Special Reference to Sri Lanka.
    (8th International Conference on Business & Information ICBI – 2017, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2017) Divassini, P.; Manjaree, H. M. S.
    The aim of the survey is to find out the need of new economics, which focuses on the caring economics in the context of Sri Lanka. Basically, Caring Economics provides a genuine caring for people and nature as the uppermost priority in an economic system. The study contains a systematic literature review on caring economics that is urgently needed by policymakers and business leaders to foster personal, business, and national economic success. The conventional indicators of economic health in Sri Lanka such as unemployment rate do give absolute value of the life-sustaining activities of the household economy, the unpaid economy, and the natural economy. As the outcome of the study, it is found that there is a need for a new economics with the concern of rapidly changing technological and social conditions in Sri Lanka.