Abstract
In Brief
Sri Lanka is in the grips of its worst economic crisis since independence. Behind recent headlines, the COVID-19 pandemic has exposed structural problems that were decades in the making. The origins of today’s foreign exchange crisis are rooted in the colonial plantation sector, failed industrial policy and the façade of stability afforded by migrant remittances.
Sri Lanka is in the grips of its worst economic crisis since independence. Behind recent headlines, the COVID-19 pandemic has exposed structural problems that were decades in the making. The origins of today’s foreign exchange crisis are rooted in the colonial plantation sector, failed industrial policy and the façade of stability afforded by migrant remittances.
| Original language | English |
|---|---|
| Specialist publication | East Asia Forum |
| Publication status | Published - 12 May 2022 |