Anatomy of the Sovereign Insolvency of Sri Lanka

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dc.contributor.authorSarvananthan, M.
dc.date.accessioned2023-12-08T03:41:43Z
dc.date.available2023-12-08T03:41:43Z
dc.date.issued2023
dc.description.abstractSri Lanka defaulted on repayment of its external public debt in April-May 2022 for the first-time in its history, and was the first Asian country to do so in the past quarter century. This Working Paper provides an incisive account of the repeated blunders made by successive Governors as well as the Monetary Board of the Central Bank of Sri Lanka (CBSL) since 2006 to date, disregarding the saner counsel by retired senior professional staff of the CBSL, and independent economists and financial analysts. This ‘Insight’ calls for accountability for the actions and inactions of the Central Bank of Sri Lanka since 2006 to date on the premise that authority and power come with responsibility and accountability.en_US
dc.identifier.doihttp://dx.doi.org/10.2139/ssrn.4370450en_US
dc.identifier.urihttp://repo.lib.jfn.ac.lk/ujrr/handle/123456789/9921
dc.language.isoenen_US
dc.publisherSocial Science Research Networken_US
dc.subjectAccountabilityen_US
dc.subjectCentral Bank of Sri Lankaen_US
dc.subjectCorruptionen_US
dc.subjectIMFen_US
dc.subjectSovereign Defaulten_US
dc.titleAnatomy of the Sovereign Insolvency of Sri Lankaen_US
dc.typeArticleen_US

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