Uncovering Sri Lanka’s Economic Collapse
On July 5, 2022, Prime Minister Ranil Wickremesinghe declared that Sri Lanka was bankrupt. Days later, protesters stormed his office as well as former President Gotabaya Rajapaksa’s, forcing him to flee and eventually resign. What did the government do to attract the ire of Sri Lankans? How did a vibrant trading and tourism hub become a failed state? Ryan from The IAS Gazette investigates the series of unfortunate events that led to Sri Lanka’s economic crisis.
