Financial Firefighting: The IMF Bailout and its Conditions
Between 1965 and 2019 Sri Lanka has signed 16 agreements with the International Monetary Fund (IMF), out of which seven were terminated early. As of March 20, Sri Lanka received a bailout…
Author: Shania Dedigama
South Asia’s Transgression of Dynastic Politics
Ever since the years of de-colonization, South Asian politics has been tainted by dynastic politics or, simply, nepotism. Has it become embedded in the culture of the region or is it simply…
Police Brutality and Corruption: the Rot Starts at the Top
Brutality and corruption in Sri Lanka’s law enforcement are perennial issues. However with the government coming under increasing scrutiny, the cracks in the already fractured system are in the spotlight. Recent developments…
1979: The Year Iran Revolted
In the early weeks of 1979, Iranians from across the nation rallied a common cry, a cry against imperial oppression. For more than half a century, the Pahlvi dynasty, Iran’s last ruling…
Gas Off: Putin Retaliates by Turning off Main Gas Pipeline to Europe
How effective are economic sanctions? With history as a paradigm, we can indisputably conclude that economic sanctions have not always proven to be effective in quelling belligerence. Just over 80 years ago,…
Sri Lanka Goes to the IMF
Sri Lanka has taken the (rather delayed) initiative to seek International Monetary Fund (IMF) aid and assistance to cure the economic crisis. Before I delve into what the IMF conditionalities and its…