Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ?
Correct answer: A. Singapore (1994)
- A. Singapore (1994)
- B. Mexico (1994)
- C. Russia (1998)
- D. Brazil (1998)
Explanation
Mexico, Russia and Brazil experienced serious debt or financial crises during the 1990s, with worsening poverty among affected groups. Singapore's strong growth and financial stability meant it did not undergo a comparable crisis-driven rise in poverty in 1994.
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