Sri Lankan’s Institutional Crisis: An Analysis Using the Framework of Why Nations Fail

By Kasuni Ranasinghe, Associate Fellow SAFN “In the case of Sri Lanka, it is clear that its own extractive institutions, whichare deeply centralized power, corruption, and economic mismanagement have contributed to its current crisis.” The recent economic crisis in Sri Lanka has led to broader discussion about how politicalinstitutions have influenced the economic instabilities. Daron…

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Washington Based Report Highlights Urgent Need for Change Ahead of Sri Lanka’s Presidential Election

Washington, DC – Sep 10th, 2024, the South Asia Foresight Network (SAFN) unveils a landmark report on 9th Sep 2024 at the National Press Club in Washington DC. The report launch was followed by a discussion with the authors, Mr. Asanga Abeyagoonasekera, Executive Director SAFN and Ms.Ishini Shashipraba, Research Assistant SAFN. Mr. Jerome C Glenn Co-founder of the Millennium Project delivered opening…

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Sri Lanka Remains Fragile, A Year After Anti-Government Protests 

By Rathindra Kuruwita – Associate Fellow SAFN On late March 2022, several hundred people, fueled by anger over a worsening economic crisis, attempted to storm then-President Gotabaya Rajapaksa’s private residence. A few weeks later, protestors gathered at the Galle Face Green and made camp, demanding the resignation of Rajapaksa and an end to the political system that…

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