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The Sri Lankan crisis - An outcome of populist macroeconomics and family-run polity?

By: Abraham, Biju Paul and Ray, Partha.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 57(32), Aug, 6, 2022: p.25-28. In: Economic & Political WeeklySummary: Many have argued that the current Sri Lankan crisis was caused by the economic impact of the COVID-19 pandemic and the Ukraine war, and the country’s overdependence on predatory Chinese lending. Sri Lanka’s problems are more deep-rooted and have their origins in economic policy that focused on providing fi scal sops and a family-run political establishment that enabled the government to ignore sound advice. – Reproduced
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Articles Articles Indian Institute of Public Administration
57(32), Aug, 6, 2022: p.25-28 Available AR127502

Many have argued that the current Sri Lankan crisis was caused by the economic impact of the COVID-19 pandemic and the Ukraine war, and the country’s overdependence on predatory Chinese lending. Sri Lanka’s problems are more deep-rooted and have their origins in economic policy that focused on providing fi scal sops and a family-run political establishment that enabled the government to ignore sound advice. – Reproduced

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