Hyperinflation
DOWNLOAD
Download Hyperinflation PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Hyperinflation book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Hyperinflation
DOWNLOAD
Author : He Liping
language : en
Publisher: Routledge
Release Date : 2017-10-03
Hyperinflation written by He Liping and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-03 with Business & Economics categories.
Since 1970s when the world was experiencing an "age of inflation", a great volume of academic research about hyperinflation has been conducted. However, it is also true that parrot-like superficial talks abound, without questioning the economic, political and social foundations existing underneath the economic phenomenon. Based on research results of contemporary economists, media reports and historical works, this book will be the most comprehensive narrative of all major events of hyperinflation worldwide from the turn of the first millennium to the mid-2010s. Firstly, it gives a brief illustration of the basic concepts of hyperinflation, starting with the definitions and price measurement. Then it traces and analyzes all major episodes of hyperinflation that occurred over the past two thousand years or so, from the earliest incidence to the four tidal waves in the 20th century, and to the three latest episodes in the 21st century. Using basic concepts in modern finance such as indexation and dollarization, this book explains why hyperinflation in some countries could explode into astronomical levels, while rhythms of hyperinflation in the 20th century world are in resonance of megatrends in world economy and politics. Finally, this book underscores the importance of policy making, institutional building and international relations in the process of hyperinflation and stabilization. Scholars and students studying money and finance, economic history, international finance and economics will be attracted by this book.
Hyperinflation And Stabilization In Postsocialist Economies
DOWNLOAD
Author : G.W Kolodko
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Hyperinflation And Stabilization In Postsocialist Economies written by G.W Kolodko and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything within their power to avoid inflation and, in particular, its very intensive shape, i. e. hyperinflation. However, this has not been the case. After the big inflations of the twenties and the post-war inflations of the fourties, we still witness intensive, economically, socially and politically extremely painful inflationary processes. And the eighties will be particularly engraved in history as a period in which the inflation has assumed an exceptionally dynamic character with respect to some countries. This regards, in the first place, Latin America, but not exclusively. Not without reason -as will be of particular intensity has also affected shown in this book -inflation countries which, according to the passed economic doctrine, were supposed to be completely immune from this economic illness. Most generally, the inflation can be assumed to be a uniform phenomenon which, in each case, can be described by a single, universal definition, while being divided into a number of forms and types distinguishable according to their original and secondary sources, their mechanisms, the ways of their manifestation as well as to their effects and the methods of counteracting them.
Quantitative Easing As A Highway To Hyperinflation
DOWNLOAD
Author : Imad A. Moosa
language : en
Publisher: World Scientific
Release Date : 2014
Quantitative Easing As A Highway To Hyperinflation written by Imad A. Moosa and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
This book addresses the topical issue of whether the current environment in the US and other major countries, where quantitative easing is used to boost the economy, is conducive to the emergence of hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenges the view that quantitative easing will not lead to hyperinflation and argues that hyperinflation, or at least high inflation, is likely to appear eventually. The book examines all the propositions put forward for and against the eventuality of hyperinflation in the US, using illustrations based on actual and simulated data. The analysis leads to the conclusion that the current fiscal position of the US government, particularly the levels of external debt and unfunded liabilities, will not be rectified without resorting to inflationary financing. The book would be useful not only for policy makers and economists but also for non-specialist observers.
Hyperinflation
DOWNLOAD
Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-06
Hyperinflation written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-06 with Business & Economics categories.
What is Hyperinflation In economics, hyperinflation is defined as inflation that is extremely high and often increases over time. Because of this, the actual value of the local currency is rapidly depreciated, as the prices of all items see an increase. People typically switch to more stable foreign currencies as a result of this, which causes them to reduce the amount of cash they possess of that particular currency. When prices are measured in stable foreign currencies, they often remain within the same range. There are enormous social and economic consequences associated with these measures, despite the fact that effective capital restrictions and currency replacement (also known as "dollarization") are the conventional techniques for putting a stop to hyperinflation in the near term. However, the problem is frequently made worse by the execution of these measures that are ineffective. With the objective of bringing inflation down gradually while reducing the societal costs of subsequent economic shocks, many governments have made the decision to try to tackle structural concerns without resorting to such measures. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Hyperinflation Chapter 2: Inflation Chapter 3: Seigniorage Chapter 4: Hungarian forint Chapter 5: Iraqi dinar Chapter 6: Venezuelan bolvar Chapter 7: Austro-Hungarian krone Chapter 8: Steve Hanke Chapter 9: Chronic inflation Chapter 10: Invisible hand Chapter 11: Yugoslav dinar Chapter 12: Adam Smith Chapter 13: Redenomination Chapter 14: Hyperinflation in the Weimar Republic Chapter 15: Hyperinflation in Zimbabwe Chapter 16: Banknotes of Zimbabwe Chapter 17: Zimbabwean dollar Chapter 18: Fiat money Chapter 19: Zimbabwean dollar (2019present) Chapter 20: Hyperinflation in Venezuela Chapter 21: Viernes Rojo (II) Answering the public top questions about hyperinflation. (III) Real world examples for the usage of hyperinflation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of hyperinflation.
Hyperinflation
DOWNLOAD
Author : Liping He
language : en
Publisher: Routledge
Release Date : 2018
Hyperinflation written by Liping He and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business & Economics categories.
Since 1970s when the world was experiencing an "age of inflation", a great volume of academic research about hyperinflation has been conducted. However, it is also true that parrot-like superficial talks abound, without questioning the economic, political and social foundations existing underneath the economic phenomenon. Based on research results of contemporary economists, media reports and historical works, this book will be the most comprehensive narrative of all major events of hyperinflation worldwide from the turn of the first millennium to the mid-2010s. Firstly, it gives a brief illustration of the basic concepts of hyperinflation, starting with the definitions and price measurement. Then it traces and analyzes all major episodes of hyperinflation that occurred over the past two thousand years or so, from the earliest incidence to the four tidal waves in the 20th century, and to the three latest episodes in the 21st century. Using basic concepts in modern finance such as indexation and dollarization, this book explains why hyperinflation in some countries could explode into astronomical levels, while rhythms of hyperinflation in the 20th century world are in resonance of megatrends in world economy and politics. Finally, this book underscores the importance of policy making, institutional building and international relations in the process of hyperinflation and stabilization. Scholars and students studying money and finance, economic history, international finance and economics will be attracted by this book.
The Hyperinflation Survival Guide
DOWNLOAD
Author : Gerald Swanson
language : en
Publisher:
Release Date : 2004-07
The Hyperinflation Survival Guide written by Gerald Swanson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-07 with Business & Economics categories.
Dr. Swanson's advice in this survival guide will be an invaluable business management tool once inflation firmly takes hold again.
The Modern Hyperinflation Cycle Some New Empirical Regularities
DOWNLOAD
Author : Jose Saboin
language : en
Publisher: International Monetary Fund
Release Date : 2018-12-07
The Modern Hyperinflation Cycle Some New Empirical Regularities written by Jose Saboin and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-07 with Business & Economics categories.
Using a database of up to 62 variables for 196 countries over 57 years, a hyperinflation cycle has been characterized to propose a broader setting of stylized facts. Beyond the usual facts, the findings in this paper contribute to the literature of modern hyperinflations in that these cycles occur in contexts where there are (i) depressed economic freedoms, (ii) deteriorated socioeconomic conditions and rule of law, as well as (iii) high levels of domestic conflictivity and government instability. Despite social infraestructure factors improve during stabilization, they keep being substantially lower than the respresentative non-hyperinflation country, suggesting an important role for them in the occurrence of modern hypeinflations. Finally, the role of international financial assistance in stabilization was studied, noting that (i) a clear majority of hyperinflation countries used it, further improving their (ii) economic freedoms, and allowing themselves (iii) greater fiscal flexibility and (iv) more exchange rate stability.
Hyperinflation In Zimbabwe
DOWNLOAD
Author : Tara McIndoe-Calder
language : en
Publisher: Springer Nature
Release Date : 2019-11-16
Hyperinflation In Zimbabwe written by Tara McIndoe-Calder and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-16 with Business & Economics categories.
This book investigates the hyperinflation in Zimbabwe in the 2000s. The authors present a full description of the Zimbabwean hyperinflation in its relevant economic, historical and political context. They address parallels with other hyperinflations, discuss the economics of hyperinflation in general and of the Zimbabwean hyperinflation in particular, and provide a money demand estimation using a new dataset. The study concludes with several policy lessons. This book will be of interest to researchers in both social sciences and the humanities, as well as practitioners and policy-makers in development economics, and those in the banking industry.
Exploring The Mechanics Of Chronic Inflation And Hyperinflation
DOWNLOAD
Author : Fernando de Holanda Barbosa
language : en
Publisher: Springer
Release Date : 2016-10-17
Exploring The Mechanics Of Chronic Inflation And Hyperinflation written by Fernando de Holanda Barbosa and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-17 with Business & Economics categories.
This book presents a theoretical framework to explain chronic inflation and hyperinflation. The roots of these two phenomenon are a fiscal monetary regime in which money issues finance the public deficit. Chronic inflation is modeled by using both the old and the new Keynesian model, with a different policy rule. Instead of using the Taylor rule, the central bank policy rule states that money is issued to finance the public deficit. The chronic inflation models take into account the fact that indexation mechanisms adjust prices and wages, yielding the inertial component of inflation. The dynamics of these models can be very unstable under parameter changes or shocks that hit the economy. The previous hyperinflation models surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit financed by money. The mechanics of hyperinflation models in this book explains hyperinflation by a fiscal crisis, characterized by an increasing fiscal deficit. This fiscal crisis yields an intertemporal budget constraint that is not sustainable. The analysis of the pathology of hyperinflation uses the same tools employed to understand the pathologies of public debt and external debt crises. The hyperinflation model allows a taxonomy of hyperinflations, namely bubble, weak and strong, that can be tested with the inflation tax revenue curve.
The Georgian Hyperinflation And Stabilization
DOWNLOAD
Author : Mr.Jian-Ye Wang
language : en
Publisher: International Monetary Fund
Release Date : 1999-05-01
The Georgian Hyperinflation And Stabilization written by Mr.Jian-Ye Wang and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-05-01 with Business & Economics categories.
This paper anlayzes the Georgian hyperinflation of 1993-94, which featured endogenous fiscal expenditures and the money supply, depreciation, and currency substitution. Hyperinflation was stopped by removing generalized consumer subsidies and tightening of monetary policy, and not by a sudden rush of credibility or imposition of an exchange rate anchor. A de facto exchange rate anchor served ex post as a vehicle for building credibility, which ensured a dramatic reversal of currency substitution when the currency reform was implemented. The paper also discusses the relatively rapid output recovery in Georgia.