Year: 2025
Type: article
Abstract: This study reevaluates the "Debt Trap Diplomacy" narrative in the context of Sri Lanka’s debt crisis, analyzing whether Chinese loans under the Belt and Road Initiative (BRI) are a primary cause of its fiscal distress or if domestic economic governance plays a more decisive role. By reviewing literature, financial reports, and comparative case studies, the research examines Sri Lanka’s debt composition and external financing patterns. The findings contribute to the discourse on global development finance and offer policy insights for developing nations seeking sustainable debt management strategies.
DOI: 10.54097/htq05591
Author: Jiacheng Liu
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4415071106
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