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Sri LankaSubscribe to Sri Lanka

The Unravelling of the Global Political Economy and Sri Lanka’s IMF Solution

Vol. 58, Issue No. 1, 07 Jan, 2023
Devaka Gunawardena, Ahilan Kadirgamar

Sri Lanka faces an uncertain path to obtaining bailout funding from the International Monetary Fund, while the existing terms of the agreement itself will exacerbate the ongoing economic crisis. Moreover, Sri Lanka’s difficulty in securing the consent of bilateral and private creditors amid great power rivalry reflects the unravelling of the global order. Is there an alternative to austerity in this conjuncture, including possibilities for self-sufficiency?

The Aragalaya versus Struggles

Vol. 57, Issue No. 52, 24 Dec, 2022
Ambika Satkunanathan

The impact and relevance of protests demanding President Gotabaya Rajapaksa’s resignation, referred to as the aragalaya, need to be scrutinised with respect to the issues related to the ethnic conflict, the truth and justice demands of the Tamil community and post-war state action, such as militarisation, which exacerbated the discrimination and violence suffered by the Tamils.

The Sri Lankan Crisis

Vol. 57, Issue No. 32, 06 Aug, 2022
Biju Paul Abraham, Partha Ray

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.

When Gota Has Nowhere to Go

Vol. 57, Issue No. 30, 23 Jul, 2022
Natasha Fernando

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The People’s Uprising and the Challenges of Transition in Sri Lanka

Vol. 57, Issue No. 29, 16 Jul, 2022

The intersection of the political upheaval and economic crisis can transform the state and society in Sri Lanka.

Authoritarian Populism, Illiberal Democracy and the Making of an Economic Crisis

Vol. 57, Issue No. 26-27, 25 Jun, 2022
Shweta Singh

The authoritarian populist tendencies of an excessive personalisation of power, curtailment of civil liberties, circumvention of the rule of law, and increasing militarisation of state apparatus have exacerbated Sri Lanka’s lurch towards illiberal democracy, thereby precipitating the grave economic and humanitarian crises.

No International Economic Fix for Democracy in Sri Lanka

Vol. 57, Issue No. 22, 28 May, 2022

The Sri Lankan peoples’ calls for change cannot be set aside with quick economic fixes.

The Ongoing Crisis in Sri Lanka

Vol. 57, Issue No. 21, 21 May, 2022
Ayndrila Chakraborty, Lalitha S, Karamala Areesh Kumar

Sri Lanka has drawn the world's attention as an island country due to its strategic geographical location in the South Asian region.

‘Health for All’ in Neo-liberal Times

Vol. 57, Issue No. 21, 21 May, 2022
Ramya Kumar

Striving for Equity: Healthcare in Sri Lanka from Independence to the Millennium, 1948–2000 by Margaret Jones, Hyderabad: Orient BlackSwan, 2020; pp xiii+ 259, `790.

Sri Lanka Stumbles into a Solvency Problem

Vol. 57, Issue No. 15, 09 Apr, 2022

Majoritarianism and excessive centralisation of powers are the primary reasons for the economic turmoil.

 

Lessons from Sri Lanka

Vol. 56, Issue No. 37, 11 Sep, 2021

Ethnocracy and concentration of power can derail even an affluent nation.

 

COVID-19 and the Sri Lankan Economy

Vol. 56, Issue No. 29, 17 Jul, 2021
COVID-19 has been rapidly spreading across the globe, taking thousands of lives and bringing hundreds of economies to a standstill. Its initial impact on China’s economy and China’s consequent slowdown may have adverse economic impacts on the rest of the world as well. This article examines the impact of COVID-19 on the Sri Lankan economy, focusing on the sectors such as national output and employment, tourism, exchange rate and financial market and social and welfare.

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