Sri Lanka’s history of economic instability, marked by multiple currency collapses and inflation crises, has been exacerbated by excessive monetary stimulus and fiscal mismanagement.
The regime’s kleptocratic system of ruling by plunder and favour to its cronies has contributed to accelerated wealth and income gaps as well as relative deprivation.
In 2023, Sri Lanka faced significant economic and political challenges including a contraction in GDP and a rise in taxes, yet improvements were noted...
Compared to native-born citizens, immigrants are more frequently involved in founding companies at all scales.
Peter Dizikes | MIT News Office
Immigrants to the US are...
The direct impact on SouthAsia will mainly occur through trade linkages, particularly through rising commodity prices as the region is a net importer of...
What prevents even a small fraction of these funds from flowing toward sustainability? This gap represents not only a financial challenge but also an opportunity to rethink how the economic system works and reorient it towards more equitable and resilient growth.
Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.
Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
What prevents even a small fraction of these funds from flowing toward sustainability? This gap represents not only a financial challenge but also an opportunity to rethink how the economic system works and reorient it towards more equitable and resilient growth.
Speaking at a business forum attended by around 100 Chinese companies eager to explore investment and trade opportunities in Sri Lanka, Minister Wang called for accelerating negotiations on the FTA.