Economic Crisis
An economic crisis occurs when a country faces severe financial instability. It can lead to high unemployment rates and inflation. Businesses may collapse, and public services can suffer. In India, such crises have historical roots, often linked to policy decisions and global events. The impact on society is profound, affecting the poorest disproportionately. Recovery requires strategic planning and strong governance.
In recent years, a growing number of African nations have found themselves in a precarious financial situation, characterised...
October 22, 2024