If the primary lesson from Sri Lanka is about how politics can affect the economy, the second is about how flawed policy can affect an economy’s prospects. The country first came into the world’s reckoning within the 1950s when its policy was lauded for welfare programmes that included subsidized rice. Distributism seems to possess run sooner than what may well be guaranteed from domestic sources. It would function smart advice not just for the three Sri Lankan economists now tasked to require their country out of the crisis but also to the political class of India. As India’s economy has been growing many states including India have stepped up their welfare spending. Some have distributed bicycles for ladies et al television sets to families. While no variety of welfare needs
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