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Center for New Economics Studies

Understanding the Sri Lankan Economic Crisis | Columnist Podcast Discussion | CNES

12 May 2022

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What lies ahead for Sri Lanka? In the grip of a tight, never-ending economic crisis, Sri Lanka stares at the need for immediate change to quell both public outcry and economic distress. International Relations and Public Policy columnists at CNES deliberate on Sri Lanka's path ahead. Will the economic distress force government change? And if so, who will fill the power vacuum? Are we staring at a potential military takeover? But first, how did the country reach this stage? Are there any efficient ways by which they can bail themselves out? Will China be just benevolent lenders or the hostile economic big brother? What would be the implications for India-Sri Lanka relations? Can India leverage its structural and soft power politics to establish better relations with Sri Lanka? And other questions in and around the crisis.  #srilanka #economiccrisis #india #china #default #obor #softpower #economicaid Image credits - Wall Street Journal

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