In 2015, acute health problems were being experienced by many individuals in southwest Sri Lanka as a consequence of poor water sanitation, rotting pumps and pipes, and the resultant unsanitary water. With the suspicious credit record and incredibly lousy market of Sri Lanka, the country's government was uncertain of the way to raise the US$70 million that was needed replace many aging pipes throughout the region and to assemble new sanitation plants.
There was little doubt that Sri Lanka would be faced as part of any agreement with a number of caveats and conditions to secure the needed funds. Also, even if the nation could locate the funds, would the designated officials use them appropriately without falling prey to corruption? As in any developing country, there were very few resources with which to address them, and many issues that needed to be addressed. Stephen Grainger is affiliated with Edith Cowan University.
PUBLICATION DATE: June 30, 2016 PRODUCT #: W16396-HCB-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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