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Title: | The Sri Lankan Crisis: An Outcome of Populist Macroeconomics and Family-run Polity? |
Authors: | Abraham, Biju Paul Ray, Partha |
Keywords: | Sri Lankan Crisis COVID-19 Ukraine war GDP EMBI |
Issue Date: | Aug-2022 |
Publisher: | Economic & Political Weekly |
Series/Report no.: | Vol. 57;No. 32 |
Abstract: | 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. |
Description: | Biju Paul Abraham, Indian Institute of Management Calcutta, Kolkata | Partha Ray, Director, National Institute of Bank Management, Pune |
URI: | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4926 https://www.epw.in/journal/2022/32/commentary/sri-lankan-crisis.html |
ISSN: | 2349-8846(Online) |
Appears in Collections: | Public Policy and Management |
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