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Why Sri Lanka is having an economic crisis
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Jul 12, 2022
#PoliticalEconomy
Noah Smith
@NoahSmith
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A textbook currency crisis, triggered by a bunch of policy mistakes.
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Paul Krugman
@PaulKrugman
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Jul 12, 2022
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Obligatory self-promotion: I invented currency crises in 1979 — not the thing itself, but the academic literature. Business has been good ever since. Also, an excellent article.