Abraham, Biju Paul and Ray, Partha

The Sri Lankan crisis - An outcome of populist macroeconomics and family-run polity? - Economic & Political Weekly - 57(32), Aug, 6, 2022: p.25-28

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