The Roots of Sri Lanka’s Economic Crisis

Sri Lanka’s escalating political and economic crises came to a head this week when President Gotabaya Rajapaksa fled the country and submitted his resignation. WSJ’s Philip Wen describes the roots of the crisis -- and what pushed this highly indebted nation over the edge, into rolling blackouts and shortages of food, fuel and medicine.Further reading: -Sri Lanka’s Debt Crisis Tests China’s Role as Financier to Poor Countries  -Sri Lanka’s President Resigns Over Email After Fleeing Country  Learn more about your ad choices. Visit megaphone.fm/adchoices