Srilanka, Oct. 21 -- The Western establishment has many ways to corner developing countries like Sri Lanka and set their economic trajectory in the interests of global capital. I have written extensively about the role of the IMF in trapping Sri Lanka with financialised commercial borrowing and austerity measures. In this column, I address the other powerful twin from Washington, the World Bank, and its economic policy-making role in Sri Lanka. The World Bank's Sri Lanka Development Update October 2024, released two weeks ago, is a report on the economic situation over the previous year with prescriptions for future policies. In recent times, this report on Sri Lanka is coming out biannually. While the last report in April 2024 was title...