Comparative Analysis of Remittance Inflows- International Reserves-External Debt Dyad: Exploring Bangladesh's Economic Resilience in Avoiding Sovereign Default Compared to Sri Lanka

Nusrat Nawshin, Asif Imtiaz, Md. Shamsuddin Sarker

External debt has been identified as the most liable to cause financial crises in developing countries in Asia and Latin America. One recent example of near bankruptcy in Sri Lanka…