Anatomy of the Sovereign Insolvency of Sri Lanka

dc.contributor.author	Sarvananthan, M.
dc.date.accessioned	2023-12-08T03:41:43Z
dc.date.available	2023-12-08T03:41:43Z
dc.date.issued	2023
dc.identifier.uri	http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/9921
dc.description.abstract	Sri 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.language.iso	en	en_US
dc.publisher	Social Science Research Network	en_US
dc.subject	Accountability	en_US
dc.subject	Central Bank of Sri Lanka	en_US
dc.subject	Corruption	en_US
dc.subject	IMF	en_US
dc.subject	Sovereign Default	en_US
dc.title	Anatomy of the Sovereign Insolvency of Sri Lanka	en_US
dc.type	Article	en_US
dc.identifier.doi	http://dx.doi.org/10.2139/ssrn.4370450	en_US