In the News
Sri Lanka - A Country Mired in Debt
28th May 2017
One Belt, One Road, the development of the New Silk Road has included a great deal of Chinese investment in Sri Lanka. But is it sustainable, for both the Chinese and the Sri Lankans? The evidence so far is mixed.
Investment in a new port and an airport in Hambantota seems to have generated few returns but increased Sri Lanka's debt obligations.
And as an aside, the FDI was in former President, Mahinda Rajapaksa's home constituency - so, I'm surmising that at least one Sri Lankan has done rather well out of the deal.
In a globalised world, international investors redevelop local infrastructure, but at what cost for Sri Lanka? https://t.co/QA0LIJr2ew
— Geography (@Geog_Teachers) May 27, 2017
You might also like
Chinese FDI in Africa
15th May 2014
Growth and Development in Ethiopia
17th October 2014
Is the Great Catch Up slowing down?
9th October 2014
China accepts creative destruction
22nd May 2014
China’s Development - Past Present and Future
25th January 2014
China at the Cutting Edge
19th September 2013
Today Singapore and Japan, Tomorrow China
10th February 2013
Patents
Study Notes