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Context: The 1991 economic crisis indicates that the crisis is a good opportunity for economic reforms. But that is not true, specifically in the case of 2021 crisis. Thus, not all crisis results in economic reforms.
Both 1991 and 2021 have one thing in common. Both reforms came after the economy faces a severe growth crisis. This raises a few important questions.
The link between Crisis and economic reforms
Converting a crisis into an opportunity
Difference between two crisis
1991 Economic crisis
2021 Pandemic crisis
Policies: The economic effect of the crisis is global in nature.
The challenges of 2021 crisis
Two uncertainties pose serious problems in creating economic reforms.
The intensity of 2021 crisis
By: Shubham Tiwari ProfileResourcesReport error
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