Sri Lanka’s Economic and Political Crises Continue

Deep Dish on Global Affairs

Two weeks ago, Sri Lankans stormed the residence of the President and Prime Minister, following months of protests against corruption and worsening economic conditions. Saddled with billions of dollars of foreign debt and facing the lingering economic effects of the pandemic and Russia’s war on Ukraine, Sri Lankans face rampant inflation and dire shortages of fuel, foods, and medicines. Dialogue Advisory Group’s Ram Manikkalingam joins Deep Dish to explore how this island nation, whose economy was once held up as a success story in South Asia, has come apart, and what this experience reveals about the pressures faced by other nations across the Global South.

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