Sri Lanka’s new president faces a problem shared by too many developing countries: austerity imposed by the west Dr. Ahilan Kadirgamar
Sri Lanka is at a historic juncture. Faced with its worst economic crisis since the Great Depression and having defaulted on its external debt for the first time, the country recently saw unprecedented protests demanding systemic change. The former president Gotabaya Rajapaksa was literally chased away in 2022, as protesters stormed his residence and swam…