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SLP446 Alex Gladstein The Scourge of “Structural Adjustment”

Stephan Livera Podcast

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Is There a Balance of Payments Crisis in Sri Lanka?

Sri Lanka is in the midst of a fuel crisis. The country has been giving out free rice to its people since the 60s. But when Sri Lanka's balance of payments fell, it was forced to cut back on food aid and other programs that had helped poor countries get by for so long. "It's a whole system of double standards," says Julian Zelizer about Western nations' economic policies.

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