Department of Economics & Statistics

Faculty of Arts, University of Peradeniya

Staff Profile

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Prof. H.M.W.A. Herath
Professor in Economics

Department of Economics & Statistics
Faculty of Arts, University of Peradeniya
Peradeniya, 20400, Sri Lanka

+94(0)81-239 2622
+94(0)77-980 9984
ariyarathneherath@gmail.com

Biography


     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.


Educational Qualifications


  • Ph.D in Economics (Postgraduate Institute of Agriculture, University of Peradeniya)
  • M.Phil. in Economics (University of Peradeniya)
  • M.Sc. in Development and Resource Economics (Norwegian University of Life Sciences)
  • BA in Economics (University of Peradeniya)

Positions Held


  • Professor in Economics, Department of economics and Statistics, University of Peradeniya, Sri lanka (from 2018).
  • Director (Academic and Development), National Institute of Co-operative Development, Polgolla (15. 02. 2016 – 28. 02. 2018)
  • Deputy Director (Humanities & Social Sciences), International Research Centre, University of Peradeniya (22. 07. 2014 – 31. 01. 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 (from 01. 11. 2019 for a period of 03 years)
  • Member, Board of Directors, Regional Development Bank, No. 933, Kandy Road, Wedamulla, Kelaniya (from 03. 01. 2020 for a period of 03 years)
  • Member of Steering Committee on Establishment of City Universities, State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo. (03.02. 2021).
  • Member of the Special Committee to Review National Institute of Fundamental Studies (NIFS), State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo. (11. 11. 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


Visiting Appointments


  • Visiting Lecturer, Rajarata University of Sri Lanka
  • Visiting Lecturer, PGIHS
  • Visiting Lecturer, CDCE, University of Peradeniya
  • Visiting Lecturer, Center for Human Rights, University of Peradeniya
  • Visiting Lecturer, Institute of Cooperative Development, Polgolla
  • Postgraduate Academic Coordinator, PGIHS, University of Peradeniya 2013 – 2015
  • Warden, Sarasaviuyana Hostel, University of Peradeniya 2013, 2014, 2015
  • Senior Student Counselor, Faculty of Arts, University of Peradeniya 2005, 2011, 2012
  • Treasurer, Faculty Sports Club and Recreation Center (FSCRC), University of Peradeniya: 2014 – 2017
  • Treasurer, PAFTA, University of Peradeniya from May 2018 and 2019
  • Chairperson of International Research Symposium –IRSYRU 29th – 30th October, 2014. Rajarata University of Sri Lanka
  • Member of Selection Committee, to appoint Office Assistant for NOHED Project. Department of Political Science, University of Peradeniya
  • Member of Committee to prepare Masters’ Degree in Sustainable Tourism, PGIHS, University of Peradeniya
  • Member of Committee to prepare Masters’ Degree in Environment and Management, PGIHS, University of Peradeniya
  • Member of Faculty Academic Development & Quality Assurance Committee, Faculty of Arts, University of Peradeniya
  • Member of the organizing committee, International Conference on the Humanities and Social Sciences (ICHSS 2016), Faculty of Arts, University of Peradeniya.
  • Chairperson for the morning session 2, Peradeniya University International Research Session (iPURSE) 2016
  • Member of the organizing committee, Peradeniya International Economics Research Symposium (PIERS) – 2017
  • Chief Examiner in Economics paper, GCE (A/L) Examination from 2005 to present
  • Discussant, 5th Peradeniya International Economics Research Symposium (PIERS) 2017.
  • Discussant participated for a Discussion on Secretaries of Public Service Commission of Central Provincial Council, 13.03.2017
  • Evaluator, Evaluation of Presentations of Sixth YSF Symposium 20th January 2017, National Science and Technology Commission
  • Faculty Representative, Center for Environmental Studies, Faculty of Arts, University of Peradeniya 2012 – 2014
  • Member of the selection committee, Promotion to the post of full-time Sub Warden (Special Grade), University of Peradeniya, 13th Nov. 2013
  • Co-coordinator, Peradeniya Economics Research Symposium (PERS) – 2013, 2014, 2015
  • Co-controlling chief, GCE A/L Examination 2008 and 2010, Department of Examination, Sri Lanka
  • Assistant Secretary, Peradeniya Arts Faculty Teachers Association (PAFTA) (2005/2006): University of Peradeniya.
  • Chairman of the Society of Senior Common Room, Faculty of Arts, University of Peradeniya in 2010/2011
  • General Secretary of the Society of Senior Common Room, Faculty of Arts, University of Peradeniya in 2007/2008
  • Coordinator, Funding Committee, International Conference on the Humanities and Social Sciences (ICHSS)- 2016, Faculty of Arts, University of Peradeniya
  • Member, Board of Study, Economics and Management, Postgraduate Institute of Humanities and Social Sciences, University of Peradeniya. From 2015 to date


Memberships & 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.


Keynote / Invited Papers


  • Invited Talk: A speech delivered on Rural Development and Microfinance at the ICSTS -15, 2nd International Conference on Science and Technology for Society 2015 at Galadari Hotel, Colombo, Sri Lanka on 19, 20 & 21 May 2015. Organized by Vishwashanthi Multipurpose Society, Nagpur, India.
  • Guest Lecture on “Economic Growth and Development” at Ranabima Royal College Peradeniya on 24th January 2013. Organized by Commerce Society of School.


Research Interests


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


Research 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
Book Chapters
  • 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 (Selected)
  • 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 Presentations
  • 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


Other Credentials


  • 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.


Participation to the workshops/summit/short courses


  • Participant: Participated at a seminar on China, Belt and Road Initiative and Communist Party of China 22nd May 2018, Organized by Pathfinder Foundation, Colombo, Sri Lanka.
  • Participant: Participated at a programme on Monetary Policy & Financial System Stability for University Lecturers at Central Bank of Sri Lanka – 26th July 2013 organized by Central Bank of Sri Lanka.
  • Participant: Participated at a Conference on Provincial Cooperative Ministers Conference of Making a National Cooperative Policy at BHICH, Colombo on 20th March 2017, organized by Ministry of Industry and Commerce.
  • Participant: Participated at an International Programme on Management of Rural Financing Institutions and Co-operatives for Rural Development 22nd – 26th August, 2016 in India, organized by National Institute of Rural Development & Panchayati Raj, Ministry of Rural Development, Government of India Rajendranagar, Hyderabad.
  • Participant: Participated at a workshop on Research Methodology and Thesis Writing held at the NCAS Premises on 17th December, 2007, organized by National Centre for Advanced Studies in Humanities & Social Sciences, Colombo.
  • Participant: Participated at a workshop on the use of Interactive Multimedia in Development of Courseware on February 22- March 11, 2005, Organized by Commonwealth Educational Media Centre for Asia (CEMCA) and University of Kelaniya, Sri Lanka.
  • Participant: Participated at a workshop on “Introduction to Counselling” held at the University of Peradeniya on 28th April, 2011, organized by University of Peradeniya, Sri Lanka.
  • Participant: Participated at a workshop on “Citizen Report Card and Methodology” on 22-24 June, 2009. Coordinated by the Department of Economics and Statistics, University of Peradeniya, organized by The World Bank Institute and World Bank Colombo Office.
  • Participant: Participated at a Training Programme on “Teaching Methodology” 31st March 2000. Conducted by Staff Development Centre, University of Peradeniya
  • Participant: Participated at a training Programme for “Human Rights Educators” Jun 19th , 26th and July 3rd 2003. Organized by Centre for Human Rights, University of Peradeniya.
  • Participant: Participated in a programme on "Research Methodology", (17.10.1992-25.10.1992). Conducted by the National Youth Service Council and University of Peradeniya
  • Participant: Participated in a programme on "Financial Sector Development in Sri Lanka" (1st and 2nd December, 1994). Conducted by the Central Bank of Sri Lanka
  • Participant: Participated in a programme on "Financial Sector Development in Sri Lanka" (27th and 28th September, 1995). Conducted by the Central Bank of Sri Lanka.


Consultancy Reports


  • Main Consultant (2013) I prepared a report on “Microfinance as a Tool for Empowering the Conflict Affected Communities in Sri Lanka” Commissioned by the Pathfinder Foundation, Colombo 03
  • Main Consultant (2007) Consultancy Services for Baseline Survey in 17 Grama Niladari Divisions in Buththala DS Division, Monaragala. Plan International Sri Lanka.
  • Consultant (2009) A Report Submitted on “Evaluation of Programme Intervention in Madulla Divisional Secretary Division, Monaragala. Commissioned by Plan International Sri Lanka.
  • Consultant (2006) A Report Submitted on “Evaluation Study on Rural Financing – Matale Regional Economic Advancement Project (MREAP), Commissioned by MREAP Office Matale, IFAD and Ministry of Posts, Telecommunication and Udarata Development.
  • Consultant (2016) A report submitted on “Study on Gender Responsive Budgeting in Sri Lanka” Commissioned by Plan International Sri Lanka.
  • Consultant (2014) A Feasibility Study Report submitted on “Distributing Consumer Goods through Franchised Agents in the North Central Province” Commissioned by Department of Co-operative Development, North Central Provincial Council.
  • Consultant (2011) A report submitted on “Evaluation of Environmental and Social Safeguards Implementation in the Road Sector Assistance Project” Commissioned by Road Development Authority, Colombo.
  • Consultant (2016) A report submitted on “Child Rights Situation Analysis in Sri Lanka”, Commissioned by Plan International Sri Lanka
  • Consultant (2018) A report submitted on “Five Year Integrated Development Plan Central Province (2019-2023)”, Commissioned by Central Provincial Council and UNDP.
  • Member of the Special Committee to Review National Institute of Fundamental Studies (NIFS), the review report submitted State Ministry of Skill Development, Vocational Education, Research & Innovation, Colombo. (11. 11. 2020).


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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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