By Vikram Khanna

The Straits Times-Apr 20, 2022

With increasing frequency over the past few weeks there have been harrowing stories about what Sri Lanka’s worst-ever economic crisis looks like. Thirteen-hour power cuts; people dying because life-saving drugs have run out; goods piled up at ports because importers can’t get dollars to pay for them; a currency crash; soaring prices of essentials, long queues for food, petrol and gas cylinders – as well as passports to get out of the country; street protests calling for the President to quit, the resignation of the entire Cabinet, and then last week, the first-ever default on foreign debt. Read more at: https://www.straitstimes.com/opinion/the-donts-of-economic-policy-lessons-from-sri-lanka First published in The Straits Times