ReViSense.AI
Chapter 99 · Part 1

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71
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0
Formulae
14 min
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Intermediate

Learning objectives

  • 1Explain economic Situation Before 1991
  • 2Explain causes of the 1991 Economic Crisis
  • 3Explain fiscal Deficit
  • 4Explain balance of Payments Crisis
  • 5Explain rising Inflation
  • 6Explain gulf War Impact

Your learning path

Introduction
Economic Situation Before 1991
Causes of the 1991 Economic Crisis
1. Fiscal Deficit
2. Balance of Payments Crisis
3. Rising Inflation
4. Gulf War Impact
5. Inefficient Public Sector Enterprises
Role of IMF and World Bank
Worked Example
Summary
Quiz
Revision
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Key terms

71Concepts
0Formulae
14Minutes