Last month’s mass demonstrations in Sri Lanka have sent warning signs to the rest of the world. This as several middle-income and developing countries are dealing with similar problems of political dysfunction and the impact from external economic shocks. Sri Lanka has a higher GDP than Peru, Egypt and South Africa, yet it’s devolved into…
'kathika' social, cultural and political review
Tagged post-IMF issues
Sri Lanka’s Economic Depression and the IMF
Farzana Haniffa, Ahilan Kadirgamar The public are facing tremendous suffering from the economic depression currently underway. We hope to initiate a discussion centred on questions such as: How long the depression is likely to last, and what social and political consequences can we anticipate? What are the possible consequences of the economic policies already underway…