Roots of the Sri Lankan Debt Trap*

May 3rd 2022, C.P. Chandrasekhar and Jayati Ghosh

Having embraced neoliberal reform in the late 1970s, Sri Lanka had privileged access to large borrowing from the IMF and private financial markets. Exploiting that privilege has proved to be a poison pill.

* This article was originally published in the Business Line on May 2, 2022.


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