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Sri Lanka might — but probably won't

“Would Sri Lanka be better off wagering on the intelligence of President Rajapakse and his relatively small circle, or on the creativity and hard work of a broader entrepreneurial class? The fact that foreign direct investment, and domestic long-term investment money, is sitting on its hands a year and a half after the war is a sign of which side of that bet the market is taking.”

Joseph Sternberg, editor of the Wall Street Journal’s Business Asia column, examines Sri Lanka’s economic prospects. (See also).

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