How Sri Lanka’s Economy Collapsed

In recent days, the political crisis in Sri Lanka has reached a critical point, with its president fleeing the country and protesters occupying his residence and office. Today, “The Daily” explores how the island nation, whose economy was once held up as a success story in South Asia, came apart — and why it’s a cautionary tale.

Guest: Emily Schmall, a South Asia correspondent for The New York Times.

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Background reading:

• Yesterday, mass demonstrations and tear gas filled the streets of Colombo, the Sri Lankan capital, and late into the night, protesters clashed with the police outside Parliament.

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