6
. Sharp and/or Severe Economic Decline

  • A pattern of progressive economic decline of the society as a whole as measured by per capita income, GNP, debt, child mortality rates, poverty levels, business failures, and other economic measures
  • Sudden drop in commodity prices, trade revenue, foreign investment or debt payments
  • Collapse or devaluation of the national currency
  • Extreme social hardship imposed by economic austerity programs
  • Growth of hidden economies, including the drug trade, smuggling, and capital flight
  • Increase in levels of corruption and illicit transactions among the general populace
  • Failure of the state to pay salaries of government employees and armed forces or to meet other financial obligations to its citizens, such as pension payments
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