Sri Lankan crisis: A case of debt-trap or fiscal mismanagement
By: Abraham, Rini Rachel
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Material type: 
BookPublisher: South Asian Journal of Socio-Political Studies Description: 23(2), Jan-Jun, 2023: p.17-22.
In:
South Asian Journal of Socio-Political StudiesSummary: Sri Lankan economy has had many ups and downs since its colonial days. Currently, Sri Lanka is going through its worst economic crisis. From historical economic imbalances to heavy dependence on external aid and support, domestic politics and economic mismanagement, all have contributed to Sri Lanka being in the present situation. The article mainly examines whether the present crisis is the result of an externally induced ‘debt–trap’ or the domestic mismanagement of the economy or a consequence of both. It also briefly discusses India’s development cooperation with Sri Lanka and its response to the present Sri Lankan crisis.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 23(2), Jan-Jun, 2023: p.17-22 | Available | AR129104 |
Sri Lankan economy has had many ups and downs since its colonial days. Currently, Sri Lanka is going through its worst economic crisis. From historical economic imbalances to heavy dependence on external aid and support, domestic politics and economic mismanagement, all have contributed to Sri Lanka being in the present situation. The article mainly examines whether the present crisis is the result of an externally induced ‘debt–trap’ or the domestic mismanagement of the economy or a consequence of both. It also briefly discusses India’s development cooperation with Sri Lanka and its response to the present Sri Lankan crisis.- Reproduced
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