Skip to main content
SpringerLink
Log in

Historic Hyperinflation Episodes

  • Chapter
  • First Online:
Hyperinflation in Zimbabwe

  • 565 Accesses

Abstract

This chapter discusses various episodes of hyperinflation with the aim of finding commonalities as well as differences across each episode. It covers the origins, peaks and resolutions of selected hyperinflation episodes. Most importantly, it compares the experience of Zimbabwe with other economies during hyperinflations.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    See Beer et al. (2016).

  2. 2.

    See Goetz Henning von Thadden (1994).

  3. 3.

    See Siklos (1991).

  4. 4.

    See Considera (1998).

  5. 5.

    See Beaugrand (1997).

  6. 6.

    See Wang (1999).

  7. 7.

    See Dabrowski (2007).

References

  • Beaugrand, Philippe. 1997. Zaïre’s Hyperinflation, 1990–96. IMF Working Paper No. 97/50, International Monetary Fund.

    Google Scholar 

  • Beer, Christian, Earnest Gnan, and Maria Teresa Valderrama. 2016. A (Not So Brief) History of Inflation in Austria. Monetary Policy and the Economy, Q3–Q4, Österreichische Nationalbank.

    Google Scholar 

  • Cagan, Phillip. 1956. The Monetary Dynamics of Hyperinflation. In Studies in the Quantity Theory of Money, ed. Milton Friedmann. Chicago: University of Chicago Press.

    Google Scholar 

  • ———. 1989. Hyperinflation. In Money. The New Palgrave, ed. J. Eatwell, M. Milgate, and P. Newman. London: Palgrave Macmillan.

    Google Scholar 

  • Considera, Claudio. 1998. The Brazilian Economy 1980/97: From Hyperinflation to Stabilization. Institute of Applied Economics Research Working Paper No. 62, Ministry of Planning and Budget, Tokyo, Japan.

    Google Scholar 

  • Dabrowski, Marek. 2007. The Ukrainian Way to Hyperinflation. Communist Economies and Economic Transformation 6 (2): 115–137.

    Article  Google Scholar 

  • Fischer, Stanley, Ratna Sahay, and Carlos A. Végh. 2002. Modern Hyper- and High Inflations. Journal of Economic Literature 40 (3): 837–880.

    Article  Google Scholar 

  • Hanke, Steve H., and Nicholas Krus. 2012. World Hyperinflations. Cato Working Paper.

    Google Scholar 

  • Saboin-García, Jose Luis. (2018). The Modern Hyperinflation Cycle: Some New Empirical Regularities. IMF Working Paper No. 18/266, International Monetary Fund.

    Google Scholar 

  • Siklos, Pierre. 1991. War Finance, Reconstruction, Hyperinflation and Stabilization in Hungary, 1938–48. Palgrave Macmillan.

    Google Scholar 

  • von Thadden, Goetz Henning. 1994. Inflation in the Reconstruction of Poland 1918–1927. Doctoral diss., London School of Economics.

    Google Scholar 

  • Wang, Jian-Ye. 1999. The Georgian Hyperinflation and Stabilization. IMF Working Paper No. 99/65, International Monetary Fund.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Central Bank of Ireland, Dublin, Ireland

    Tara McIndoe-Calder

  2. Economics Department, Trinity College Dublin, Dublin, Ireland

    Tara Bedi

  3. The South East Asian Central Banks Research and Training Centre, Kuala Lumpur, Malaysia

    Rogelio Mercado

Authors
  1. Tara McIndoe-Calder
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Tara Bedi
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Rogelio Mercado
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Tara McIndoe-Calder .

Rights and permissions

Reprints and permissions

Copyright information

© 2019 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

McIndoe-Calder, T., Bedi, T., Mercado, R. (2019). Historic Hyperinflation Episodes. In: Hyperinflation in Zimbabwe. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-31015-8_3

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-31015-8_3

  • Published:

  • Publisher Name: Palgrave Pivot, Cham

  • Print ISBN: 978-3-030-31014-1

  • Online ISBN: 978-3-030-31015-8

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

Publish with us

Policies and ethics

Search

Navigation