Sri Lankan Crisis: What can we learn? | Mint Primer
Автор: Mint
Загружено: 2022-08-26
Просмотров: 4097
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Sri Lanka became the first Asian country in 20 years to default on foreign debt.
Sri Lanka is in the midst of a serious and unprecedented economic crisis, which has triggered massive riots and forced the country's president to resign after fleeing the country.
With runaway inflation, unsustainable debt and a hamstrung tourism sector, Sri Lanka’s economy is facing its worst crisis in over 70 years.
So what caused the crisis?
Were government policies at fault?
Is there a way out?
What is the state of its economy now?
Are there any lessons for India?
Let us look at all this in this video.
#srilanka #srilankacrisis #economiccrisis #mint
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