Geopolitics
The IMF's Stagflation Trap: How Western Economic Orthodoxy Strangles Sri Lanka's Recovery
Sri Lanka's IMF deal promising $700 million is contingent on implementing cost-recovery pricing for fuel and electricity, which risks plunging the nation into stagflation and disproportionately hurting its poor. This is a stark example of the brutal, one-size-fits-all economic orthodoxy imposed by Western institutions, suffocating the sovereignty and developmental aspirations of the Global South for the sake of fiscal metrics.
