Why is Sri Lanka in Crisis, and What Comes Next?
Reading Time: < 1 minuteSri Lanka’s new president, Ranil Wickremesinghe, took office last week as the country faces economic collapse, political instability, and ongoing food and fuel shortages. Constantino Xavier looks at how Sri Lanka’s governing choices over many years led to crisis, the difficult reforms ahead, and the implications of Sri Lanka’s collapse for other developing nations throughout Asia and Africa.
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Constantino Xavier
Senior Fellow
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The Centre for Social and Economic Progress (CSEP) is an independent, public policy think tank with a mandate to conduct research and analysis on critical issues facing India and the world and help shape policies that advance sustainable growth and development.