Debt restructuring, austerity and the IMF: a panacea or an exacerbation?- Part 1

Dr. Lionel Bopage An outline of the problem Post-independent Sri Lanka (Lanka) has suffered from recurrent economic crises; the more notable ones being in August1953, in the late 1970s and most pertinently the current crisis which essentially bankrupted the country. The trigger for the current crisis was the prolonged pandemic that affected the world and … Continue reading Debt restructuring, austerity and the IMF: a panacea or an exacerbation?- Part 1