Food and energy subsidies have been a major cause of many economic collapses. This is a list of economic crises that took place partly because the government’s balance of payments was weighed down by excessive food and energy subsidies.
Ecuador: 1999
Pakistan: 2008 – 2009
Venezuela: 2008 – present
Zimbabwe: 2008 – present
Egypt: 2008 – 2011
Argentina: 2001 – 2002
Yemen: 2014 – present
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