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Eco-extremism has brought Sri Lanka to its knees

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My article for The Telegraph:Sri Lanka’s collapse, from one of the fastest growing Asian economies to a political, economic and humanitarian horror show, seems to have taken everybody by surprise.Five years ago, the World Bank was extolling “how Sri Lanka intends to transition to a more competitive and inclusive upper-middle income country”.

Right up to the middle of last year, despite the impact of the pandemic, the country’s misery index (inflation plus unemployment) was low and falling.

Then the misery index took off like a rocket, quintupling in a year.What happened? There is a simple explanation, one that the BBC seems determined to downplay.

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