Department of Economics & Statistics

Faculty of Arts, University of Peradeniya

Prof. HMWHA Herath

Professor in Economics

Head of the Department

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About Me

H.M.W. Ariyarathna Herath Professor in Economics holds a Bachelor of Arts Special Degree in Economics from the University of Peradeniya, Master of Philosophy in Economics from University of Peradeniya, Master of Science in Development and Resource Economics from Norwegian University of Life Sciences, and Doctor of Philosophy from Post Graduate Institute of Agriculture, University of Peradeniya. He has been employed in the University of Peradeniya in the posts of a Lecturer, and then Senior Lecturer, and as a Professor. Presently, he is teaching courses related to Project Analysis, Development Economics and Macroeconomics at the University of Peradeniya. During this period, he had also served at the National Institute of Co-operative Development (NICD), Polgolla in the capacity of Director (Academic and Development), and International Research Centre, University of Peradeniya as a Deputy Director. Currently, he holds the position of the Head of the Department, Department of Economics and Statistics, University of Peradeniya, and as a member of Board of Directors, Regional Development Bank, Sri Lanka. Prof. H.M.W. Ariyarathna Herath has served as a consultant and prepared reports for many national and international organizations such as Pathfinder Foundation Colombo; Plan International Sri Lanka; IFAD and Ministry of Posts, Telecommunication and Udarata Development; North Central Provincial Council; Road Development Authority, Sri Lanka; UNDP, State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo, and Central Provincial Council. He has also authored the following books: Principles and Project Planning and Appraisal; Microfinance: Theory and Practice; Gender Responsive Budgeting Process in Sri Lanka. He has a wide range of research publications in various national and international journals. His publications include work on the fields of microfinance and poverty, gender budgeting, women empowerment, youth unemployment, issues of agriculture in Developing Countries.

Education

PhD in Economics

Postgraduate Institute of Agriculture, University of Peradeniya

MPhil in Economics

University of Peradeniya

MSc in Development and Resource Economics

Norwegian University of Life Sciences

BA in Economics

University of Peradeniya

Current Positions

Professor in Economics - Department of Economics, University of Peradeniya

Head - Department of Economics, University of Peradeniya

Member, Board of Directors, Regional Development Bank, No. 933, Kandy Road, Wedamulla, Kelaniya -

2020 - To Present

Positions Held

Director - Academic and Development, National Institute of Co-operative Development, Polgolla

2016 – 2018

Deputy Director - Humanities & Social Sciences, International Research Centre, University of Peradeniya

2014 – 2016

Member - President Task Force for Poverty Eradication and Livelihood Development, Presidential Secretariat, Gall Face, Colombo 01.

Head of the Department - Department of Economics and Statistics, Faculty of Arts, University of Peradeniya

2019

Member of Steering Committee on Establishment of City Universities - State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo

2021

Member - Special Committee to Review National Institute of Fundamental Studies (NIFS), State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo.

2020

Senior Lecturer Gr. I - Department of Economics and Statistics, University of Peradeniya, Sri Lanka

Senior Lecturer Gr. II - Department of Economics and Statistics, University of Peradeniya, Sri Lanka

Lecturer - Department of Economics and Statistics, University of Peradeniya, Sri Lanka

Awards

Research Scholarship - Agricultural University of Norway, (Norwegian University of Life Sciences

2000-2002

National Centre for Advanced Studies (NCAS) research grants for PHD - 2009

Peradeniya University Research Grant, Research on "Effectiveness of Agricultural Extension Services for Improving Productivity and Technical Efficiency in rural agricultural sector in Sri Lanka - 2016

Peradeniya University Research Grant, Research on "Identify the benefits of conserving agricultural biodiversity: An application of Randomized Control Method - 2013

Publications

BOOKS

Herath H.M.W.A. (2008). Principles of Project Planning and Appraisal (Sinhala), 2008. Wrakapola, Ariya Prakashakayo. ISBN 955-50703-1-7

Herath H.M.W.A. (2018) Microfinance: Theory and Practice, Colombo, S. Godage & Brothers (Pvt) Ltd. ISBN 978-955-30-8010-3

Herath H.M.W.A. (2008) Principles of Project Planning and Appraisal, 2008. Peradeniya, Nethwin Print Centre. ISBN 978-955-50703-0-0

Herath H.M.W.A. (2018) Gender Responsive Budgeting Process in Sri Lanka, Nethwin Printers (Pvt) Ltd, No. 832, Daladasewane Api Foundation, Gatambe, Kandy. ISBN 978-955-50703-1-4

CHAPTERS IN BOOKS

Herath H.M.W.A. (2008). “A Review of Market Economy, Multinational Institutions, and Attempt of Economic Development in Sri Lanka” O.G. Dayarathna Banda, J.M.A. Jayawickrama, A. Abhayarathne and M.B. Ranathilake, ed., Sri Lankan Economy: Liberlization and Development, Pathfinder Foundation, Colombo, Sri Lanka. pp. 235-250; ISBN 978-955-1201-02-9

Herath H.M.W.A. and M.B. Ranathilake (2011). “Agriculture Marketing under the Market Economy Regime”, S. Kelegama and D. Gunewardena, eds. Economic and Social Development under a Market Economy Regime in Sri Lanka, Buddhadasa Hewavitharana Felicitation Vol. 2, pp. 252-267, Colombo, Vijitha Yapa Publications, ISBN 978-955-665-151-5; ISBN: 978-955-665-150-8

JOURNAL ARTICLES

Herath H. M. W. A. (2015). “Impact of Microfinance on Poverty Reduction: Evidence from Sri Lanka,” Modern Sri Lanka Studies. Volume IV, No. 1, pp. 79-102

Herath H.M.W.A. (2016). “Economic and Social Challenges through Increases of Over aged Population in Sri Lanka” Sambhawana, Vol. 9, No. 2, pp. 1-14

Herath H.M.W.A. (2016). “Is Foreign Debt a Problem for Sri Lankan Economy?” Sambhawana, Vol. 9, No. 1, pp. 39-47

Herath H.M.W.A. (2012). “Women and Microfinance in a Globalizing Economy” Sambhawana, Vol. 6, No. 1. Pp. 1-18

Herath H.M.W.A. (2008). “Theoretical and Empirical Introduction of Financial Liberalization and Economic Growth” Sambhawana, Vol. 4, No. 2, pp. 41-66

Herath H.M.W.A., L.H.P. Gunaratne and Nimal Sanderatne (2013). Impact of Credit-Plus Approach of Microfinance on Income Generation of Households” Sri Lanka Journal of Economic Research, Vol. 1, No. 1. pp. 57-75

Herath H.M.W.A. (2016). Access to Microfinance by Rural Households: Evidence from a Village Study in Sri Lanka” Rajarata Journal of Social Sciences, Vol.2, No. 1, pp. 1-30

Hearth H.M.W.A., L.H.P. Gunaratne and Nimal Sanderatne (2015) “Impact of Microfinance on Women’s Empowerment: A Case Study on Two Microfinance Institutions in Sri Lanka”. Sri Lanka Journal of Social Sciences, Vol. 38, No. 1, pp.51-61

Herath H.M.W.A. (2018). “Microfinance as a Strategy of Empowering the Conflict Affected Communities in Sri Lanka” Journal of Social and Development Sciences (JSDS) (ISSN 2221-1152), Vol. 9, No. 2, pp. 6-21

Herath H.M.W.A. (2018). “Gender Responsive Budgeting and Women in Sri Lanka” Sri Lanka Journal of Economic Research, Vol. 6, No. 1

Herath H.M.W.A. (2016). “The Problem of Youth Unemployment in Sri Lanka” Journal of Modern Sri Lanka Studies, Volume VIII, No. 1, pp. 79-114

Herath H.M.W.A. (2018). “Poverty and Agricultural Productivity Growth Nexus in the Non-Plantation Agriculture in Sri Lanka” Journal of Social and Development Sciences (JSDS) (ISSN 2221-1152), Vol. 9, No. 2, pp. 38-53

Herath H.M.W.A. (2017). “Impact of Innovativeness and Human Resources on Firm Performances of Floriculture Exporters in Sri Lanka” Rajarata Journal of Social Sciences, Vol. 3, No. 2, pp. 1-13

Herath H.M.W.A. (2017). “Cooperative Movement in Sri Lanka: Growth, Trends and Challenges” Sri Lanka Journal of Co-operative Studies” Vol. 1, No. 1, pp. 58-69

Herath H.M.W.A. (2013). “A Review of Costs and Benefits on Investment Projects: Case Studies with High Way Projects in Sri Lanka”. Samaja Vimasuma, Vol. No. 15, pp. 95-123

CONFERENCE PAPERS

Sisira Pinnawala and Herath H.M.W.A (2014) “Social Factors Influencing Agricultural Productivity and Growth in Sri Lanka and the Problem of Poverty Alleviation”, 27th Annual Conference of Role of Agriculture in Food Sovereignty and Poverty Eradication, 23rd and 24th September 2014, Galdari Hotel Colombo, Organization of Professional Association of Sri Lanka (OPA).

Herath H.M.W.A. (2012) “Impact of Credit–plus Approach of Microfinance on Poverty Reduction”, This paper was presented at the Annual Conference on “Global Economic Outlook and Challenges to Developing Economies” 29th -30th November, 2012, Foundation Institute, Colombo, Sri Lanka by Sri Lanka Forum of University Economists. Published full paper in Sri Lanka Journal of Economic Research, Vol. 1, No. 1. pp. 57-75

PUBLISHED IN ABSTRACT FORM

Herath H.M.W.A. (2012) “Impact of Credit –plus Approach of Microfinance on Poverty Reduction”, Abstract was published in the Proceedings of the Annual Conference of the Sri Lanka Forum of University Economists. Pp. 233-237.

Wickramasiri R.S., Herath H.M.W.A and T.N. Vidanage (2013) “Government Welfare Expenditure and Economic Growth in Sri Lanka: A Comparative Analysis of Different Policy Regimes”, Abstract was published in the Proceedings of Peradeniya Economics Research Symposium, Vol I, pp.16-20

Jayasinghe J.M.M.M. and Herath H.M.W.A. (2013) “Impact of Microcredit on Women Empowerment: Evidence from Thrift and Credit Co-operatives of Anamaduwa Divisional Secretariat Division in Sri Lanka”, Abstract was published in the Proceedings of Peradeniya Economics Research Symposium, Vol I, PP. 43-47

Manasha T and Herath H.M.W.A. (2015) “Impact of Job Satisfaction on Organizational Performance: Evidence from Sri Lanka State Commercial Multiple Legal Cooperation”, Abstract was published in the Proceedings of Peradeniya Economics Research Symposium, Vol. III, pp. 196-202

Specialization

Economics

Research Interests

Poverty and Microfinance, Issues of Development in Developing Countries, Development Planning, Youth Unemployment, Monetary Economics

Other Academic Contributions

Herath H.M.W.A. (1997) “Financial Structure in Sri Lanka and Economic Development” Economic Review, Vol. 23, No. 9, December 1997, People’s Bank of Sri Lanka

Herath H.M.W.A. (2000) “Characteristics Sittu System of Informal Money Market in Sri Lanka” Economic Review, Vol. 26, No. 06/07, Sept/Oct 2000. People’s Bank of Sri Lanka.

Herath H.M.W.A. “China-Sri Lanka Economic Affiliations: Trends and Opportunities” Special Report, Daily FT, Pathfinder Economic Alert, Wednesday, September 17, 2014

The Importance of Political Leadership in Obtaining Foreign loans”, (in Sinhala). Dinamina, Friday, March 22, 1996, Lake House, Colombo.



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Contact Details

Address
Department of Economics & Statistics,
Faculty of Arts,
University of Peradeniya
Peradeniya, 20400,
Sri Lanka
Telephone
Head:+94 (0)81 239 2620
Office:+94 81 239 2621/22
Fax
+94 (0)81 239 2620
Email
econ@pdn.ac.lk
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