This episode, we report on three inflation stories of the moment that have similar causes -- particularly supply chain issues related to the pandemic and the Russia-Ukraine war -- but different results.
Akhil Bery of the Asia Society Policy Institute joins us to discuss Sri Lanka, which is on the brink of economic collapse. Then USC's Saori Katada, along with our own Alice French and Mitsuru Obe, analyze the situation in Japan, which is experiencing rising prices for the first time in decades. Finally, Koc University's Selva Demiralp discusses Turkey, where inflation is threatening the president's reelection chances.
Asia Stream is hosted by Wajahat S. Khan, our digital editor and executive producer, and produced by Monica Hunter-Hart and Jack Stone Truitt.
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Related to this episode:
Nepotism, bad policy push Sri Lanka to brink of economic ruin, by Toru Takahashi
How 'transitory' is Japanese inflation?, by Mitsuru Obe
Turkey holds key rate at 14% even with inflation at 61%, by Sinan Tavsan
'Let's pray it holds': Turkey's lira gamble keeps investors guessing, by Sinan Tavsan