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Record W4306248430 · doi:10.54691/bcpbm.v29i.2288

Debt Crisis and National Bankruptcy: Evidence from Sri Lanka

2022· article· en· W4306248430 on OpenAlexaff
Qinghan Jiang

Bibliographic record

VenueBCP Business & Management · 2022
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicDefense, Military, and Policy Studies
Canadian institutionsAbbotsford Veterinary Clinic
Fundersnot available
KeywordsBankruptcyDebtDefaultEconomic policyRestructuringRevenueFinancial systemBusinessExternal debtEconomicsFinancial crisisForeign-exchange reservesDevelopment economicsFinanceExchange rateMacroeconomics

Abstract

fetched live from OpenAlex

On May 19th this year, the central bank governor of Sri Lanka confirmed that the country could not repay its national debt due on April 18th in time (Jayasinghe & Pal, 2022). For the first time, Sri Lanka had defaulted on its sovereign debt since independence from Britain in 1948. It also announced its inability to continue paying for fuel (Jayasinghe & Pal, 2022). On July 6th, Sri Lanka declared national bankruptcy (Athas et al., 2022). This paper examined what led to Sri Lankan debt crisis and subsequent national bankruptcy and how the country could save itself from its situation. It analyzed secondary data from various published sources like news articles, journal articles, websites, and books. The study found that the country had high levels of external debt that outrun revenue. It also depends highly on imports to supply goods into the market. Its debt crisis was also influenced by economic shocks like the Russian-Ukraine war and the Covid-19 pandemic, which impaled production. Furthermore, the country's economic regulations were poor, making it unable to establish effective taxation, debt, and foreign reserve management systems. The company could improve its economic conditions by getting economic assistance from other countries and the IMF in the short term. Moreover, it also needs to restructure its foreign reserves and borrowings management systems.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.006
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.086
Threshold uncertainty score0.170

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.006
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.001
Bibliometrics0.0040.008
Science and technology studies0.0010.002
Scholarly communication0.0030.001
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0060.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.058
GPT teacher head0.248
Teacher spread0.191 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations5
Published2022
Admission routes1
Has abstractyes

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