Olivera, Tanzi, Miloševic: Why was Avramovic’s programme adopted?
It was under the UN sanctions during 1992 and 1993 that hyperinflation hit the FRY. Its leadership believed that the fiscal deficit could be covered by printing money, but such a practice resulted in acceleration of hyperinflation. Former World Bank economist Dragoslav Avramović understood...
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Format: | Article |
Language: | English |
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Economists' Association of Vojvodina
2022-01-01
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Series: | Panoeconomicus |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2202225P.pdf |