International Journal of Social Science & Economic Research
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Title:
THE SRI LANKA ECONOMIC CRISIS, A NEW ERA OF PROSPER OR INEVITABLE DEMISE

Authors:
Debangana Roy

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Debangana Roy
Pathways School Gurgaon

MLA 8
Roy, Debangana. "THE SRI LANKA ECONOMIC CRISIS, A NEW ERA OF PROSPER OR INEVITABLE DEMISE." Int. j. of Social Science and Economic Research, vol. 8, no. 11, Nov. 2023, pp. 3714-3730, doi.org/10.46609/IJSSER.2023.v08i11.027. Accessed Nov. 2023.
APA 6
Roy, D. (2023, November). THE SRI LANKA ECONOMIC CRISIS, A NEW ERA OF PROSPER OR INEVITABLE DEMISE. Int. j. of Social Science and Economic Research, 8(11), 3714-3730. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i11.027
Chicago
Roy, Debangana. "THE SRI LANKA ECONOMIC CRISIS, A NEW ERA OF PROSPER OR INEVITABLE DEMISE." Int. j. of Social Science and Economic Research 8, no. 11 (November 2023), 3714-3730. Accessed November, 2023. https://doi.org/10.46609/IJSSER.2023.v08i11.027.

References

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[4]. Srinivasan, Meera. “Fuel Shortage, Power Outages Aggravate Sri Lanka’s Economic Crisis.” The Hindu, 3 Mar. 2022, www.thehindu.com/news/international/fuel-shortage-power-outages-aggravate-sri-lankas-economic-crisis/article65186881.ece.
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[8]. “Overview.” World Bank, www.worldbank.org/en/country/srilanka/overview.
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[11]. “Sri Lanka: Economic Crisis Puts Rights in Peril.” Human Rights Watch, 17 Aug. 2022, www.hrw.org/news/2022/08/16/sri-lanka-economic-crisis-puts-rights-peril.
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ABSTRACT:
The Sri Lanka Economic crisis had started from 2019 and has been going on for more that 3 years now. The economic crisis has occurred due to multiple reasons such the collapse of two of their main industries, poor choices made by the government, the covid-19 pandemic and more. All of these combined together has led to the dire situation the country is facing right now. This has also resulted in soaring inflation, fuel and power outages, huge lack of food, mobs of angry protestors on the street, the external debt of Sri- Lanka just piling up and more. How did Sri Lanka end up in this crisis? What were the primary reasons of this economic crisis? What is the effect on various industries and its sectors? To what extent have the different stake holders been affected?

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