Yugoslav hyperinflations and our saviors
This paper overviews hyperinflation episodes in Yugoslavia and elucidates the roles of Prime Minister Ante Marković and Governor Dragoslav Avramović, credited with their successful conclusion. The first part of the paper provides a comparative review of the highest hyperinflations in modern...
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| Format: | Article |
| Language: | English |
| Published: |
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/2022/1452-595X2202233P.pdf |
| Summary: | This paper overviews hyperinflation episodes in Yugoslavia and elucidates the
roles of Prime Minister Ante Marković and Governor Dragoslav Avramović,
credited with their successful conclusion. The first part of the paper
provides a comparative review of the highest hyperinflations in modern
history. The next two parts are dedicated to the role of Ante Marković, in
the first, and the role of Dragoslav Avramović during second hyperinflation.
The last part of the paper describes the unfavorable final outcome of both
hyperinflationary episodes, reveals the causes and indicates the
opportunities that were have missed at key moments. |
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| ISSN: | 1452-595X 2217-2386 |