Statements (31)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic crisis
|
gptkbp:category |
gptkb:Economic_history_of_India
gptkb:History_of_India_(1947–present) Financial crises |
gptkbp:cause |
balance of payments crisis
high fiscal deficit low foreign exchange reserves |
gptkbp:country |
gptkb:India
|
gptkbp:currencyReserves |
less than $1 billion
|
gptkbp:effect |
structural reforms
IMF bailout devaluation of Indian rupee economic liberalization in India |
gptkbp:governmentResponse |
gptkb:New_Economic_Policy_1991
Liberalization, Privatization, and Globalization reforms |
https://www.w3.org/2000/01/rdf-schema#label |
1991 Indian economic crisis
|
gptkbp:loanFrom |
gptkb:International_Monetary_Fund
gptkb:World_Bank |
gptkbp:notablePerson |
gptkb:Manmohan_Singh
gptkb:Chandra_Shekhar gptkb:P._V._Narasimha_Rao |
gptkbp:precededBy |
Gulf War 1990-1991
high inflation in late 1980s |
gptkbp:relatedEvent |
Indian gold reserves airlifted to Bank of England
|
gptkbp:resultedIn |
privatization of state-owned enterprises
reduction of import tariffs deregulation of markets opening up of Indian economy |
gptkbp:startDate |
1991
|
gptkbp:bfsParent |
gptkb:New_Economic_Policy_(India)
|
gptkbp:bfsLayer |
7
|