The Fall of the House of Rajapaksa
Through a combination of authoritarianism, nepotism, cronyism, and hubris, the Rajapaksa family weighed down Sri Lanka’s economy with more debt than it could possibly bear. The country’s next leaders will have to address shortages of basic necessities, rebuild a wrecked economy, and reestablish the rule of law.
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NEW DELHI – For much of nearly two decades, the four Rajapaksa brothers and their sons have run Sri Lanka like a family business – and a disorderly one, at that. With their grand construction projects and spendthrift ways, they saddled Sri Lanka with unsustainable debts, driving the country into its worst economic crisis since independence. Now, the dynasty has fallen.