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...
Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.
Officials from the Thromde and national agencies continue assessments, with calls for enhanced collaboration between government, development partners like ADB and UNDP, and local residents.