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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Main Author: Popović Danica
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2022-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2202233P.pdf
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author Popović Danica
author_facet Popović Danica
author_sort Popović Danica
collection DOAJ
description 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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spelling doaj.art-e47aa69390a74f7582ed7f2c8ddba6ec2022-12-22T03:04:03ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862022-01-0169223324510.2298/PAN2202233P1452-595X2202233PYugoslav hyperinflations and our saviorsPopović Danica0University in Belgrade, Faculty of Economics, BelgradeThis 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.http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2202233P.pdfhyperinflationstabilization policiesrestructuringcentral bank independence
spellingShingle Popović Danica
Yugoslav hyperinflations and our saviors
Panoeconomicus
hyperinflation
stabilization policies
restructuring
central bank independence
title Yugoslav hyperinflations and our saviors
title_full Yugoslav hyperinflations and our saviors
title_fullStr Yugoslav hyperinflations and our saviors
title_full_unstemmed Yugoslav hyperinflations and our saviors
title_short Yugoslav hyperinflations and our saviors
title_sort yugoslav hyperinflations and our saviors
topic hyperinflation
stabilization policies
restructuring
central bank independence
url http://www.doiserbia.nb.rs/img/doi/1452-595X/2022/1452-595X2202233P.pdf
work_keys_str_mv AT popovicdanica yugoslavhyperinflationsandoursaviors