Geopolitics
Beyond Good Governance: The Collusive Networks Plundering Sri Lanka and the Global South's Fight for Financial Sovereignty
Sri Lanka's 2022 default stemmed from a crisis of governance, not just fiscal mismanagement, highlighting the failure of standard 'good governance' reforms prescribed by international bodies like the IMF to prevent powerful domestic networks from corrupting public spending. This is a tragic testament to how the predatory collusion of local elites, abetted by a flawed international financial architecture, systematically plunders developing nations, sacrificing their people's future on the altar of personal enrichment.
