How Sri Lanka ran out of foreign currency to pay for imports is a story of fiscal imprudence, unsustainable exchange rate policy and chronic mismanagement.
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An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Protests over shortages forced the ouster of Sri Lanka’s president, but the crisis has deep-set roots in ethnonationalism, which has encouraged corruption, argues an expert on the country’s politics.
Sri Lankans are contending with growing levels of starvation, death and disruption. Now they are also facing the brutal violence of the state.
Massive price rises in Sri Lanka have led to protesters looking for economic and governmental change.
The country has a long history of ethnic and religious conflict, but the worst economic crisis in decades has brought protesters together.
Sri Lanka is facing one of its worst ever economic crises. There are a host of reasons, but China is not to blame.
Kontributor teratas
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Professor, School of Economics, The University of Queensland
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Honorary Associate Professor, Risk and Sustainable Management Group, The University of Queensland
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Lecturer in History, University of Sydney
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Senior Lecturer at Karlstad University, and Researcher at Centre for Theology and Religious Studies, Lund University
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Assistant Professor of Economics, Indiana University
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Professor of Economics, Tata Institute of Social Sciences
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Research Fellow, Department of Politics and International Studies, University of Warwick
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Professor of Politics and International Affairs, Wake Forest University
