{"id":123699,"date":"2022-03-22T16:39:57","date_gmt":"2022-03-22T23:39:57","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=123699"},"modified":"2022-03-22T16:40:54","modified_gmt":"2022-03-22T23:40:54","slug":"sri-lanka-current-economic-crisis-is-similar-to-1970s-new-york-times-article-from-1974","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2022\/03\/22\/sri-lanka-current-economic-crisis-is-similar-to-1970s-new-york-times-article-from-1974\/","title":{"rendered":"Sri Lanka current economic crisis is similar to 1970s: New York Times article from 1974"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy NewsIn.Asia<\/em><\/span><\/h2>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/newsin.asia\/wp-content\/uploads\/2022\/03\/Capture-63-750x375.jpg\" alt=\"Sri Lanka current economic crisis is similar to 1970s: New York Times article from 1974\"\/><\/figure>\n\n\n\n<p>March 22 \u2013 Sri Lanka\u2019s current economic crisis is similar to that it faced in the 1970s, former Deputy Governor of the Central Bank of Sri Lanka W.A. Wijewardena has pointed out.<\/p>\n\n\n\n<p>Wijewardena said Sri Lanka is facing shortages and queues similar to that what was reported in the 1970s.<\/p>\n\n\n\n<p><em><strong><em><strong><em><strong><a href=\"https:\/\/t.me\/newsinasia\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Subscribe to our<\/em>&nbsp;Telegram&nbsp;<em>channel for the latest updates&nbsp;<\/em>from around the world<\/a><\/strong><\/em><\/strong><\/em><\/strong><\/em><\/p>\n\n\n\n<p>He said during the 1970s the Government sought Chinese help to keep afloat and ship to mouth consumption.<\/p>\n\n\n\n<p>Stating that the policy as today was to look inward rather than outward, Wijewardena questioned if Sri Lanka will not learn from past mistakes.<\/p>\n\n\n\n<p>The former Deputy Governor of the Central Bank shared an article by the New York Times in 1974 that was published on Sri Lanka\u2019s economic crisis at the time.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nytimes.com\/1974\/05\/13\/archives\/sri-lanka-short-of-food-faces-an-economic-crisis-people-are-well.html?fbclid=IwAR3NAYc_cUBRvyXG9VGPv61PWxcJlpkXci6Xy6FLj3uUQ4YsQYJ1cdpLO5c\">New York Times article on Sri Lanka in <\/a><a href=\"https:\/\/www.nytimes.com\/1974\/05\/13\/archives\/sri-lanka-short-of-food-faces-an-economic-crisis-people-are-well.html?fbclid=IwAR3NAYc_cUBRvyXG9VGPv61PWxcJlpkXci6Xy6FLj3uUQ4YsQYJ1cdpLO5c\" target=\"_blank\" rel=\"noreferrer noopener\">1<\/a><a href=\"https:\/\/www.nytimes.com\/1974\/05\/13\/archives\/sri-lanka-short-of-food-faces-an-economic-crisis-people-are-well.html?fbclid=IwAR3NAYc_cUBRvyXG9VGPv61PWxcJlpkXci6Xy6FLj3uUQ4YsQYJ1cdpLO5c\">974:<\/a><\/p>\n\n\n\n<p><strong><a href=\"https:\/\/t.me\/newsinasia\" target=\"_blank\" rel=\"noreferrer noopener\">For similar articles, join our&nbsp;Telegram channel&nbsp;for the latest updates.&nbsp;\u2013&nbsp;click here<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy NewsIn.Asia March 22 \u2013 Sri Lanka\u2019s current economic crisis is similar to that it faced in the 1970s, former Deputy Governor of the Central Bank of Sri Lanka W.A. Wijewardena has pointed out. Wijewardena said Sri Lanka is facing shortages and queues similar to that what was reported in the 1970s. Subscribe to our&nbsp;Telegram&nbsp;channel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-123699","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/123699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=123699"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/123699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=123699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=123699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=123699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}