The Sri Lankan Economic Crisis – What Went Wrong?
Code : ECC0062
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Region : Asia |
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Abstract: The case describes the Sri Lankan Economic Crisis in the year 2022 and analyzes the reasons for it with the help of internal and external macro-economic variables which include fiscal deficit, trade deficit, external shocks such as bomb blasts, the COVID 19 pandemic, and the Russia-Ukraine war. It also looks at the effect of these variables on the economic conditions prevailing in the country such as twin deficits, shortage of goods, high, inflation, fall in foreign reserves etc. |
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Pedagogical Objectives:
Keywords : Current Account; Capital Account; Financial Account; Fiscal Deficit; Trade Deficit; Balance of Trade; Balance of Payments; Debt Default; Foreign Exchange Reserves; High Inflation; Unemployment; Shortage of Goods; Balance of Payments Crisis
Contents :
» Introduction
» Fiscal / Budget Deficit and Debt
» Balance of Trade - Current Account Deficit
» Effect of Import Policy Measures on Sri Lankan Economy
» The Effect of External Shocks on Sri Lankan Economy
» Exhibits
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