Naslov
Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993

Autori
Družić, Denis ; Maras, Dubravka

Kolaboracija
Družić, Denis ;

Izvornik
Mednarodno inovativno poslovanje = Journal of Innovative Business and Management (1849-2177) 14 (2023), 2/2022; 1-11

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, pregledni rad, znanstveni

Ključne riječi
inflation, hyperinflation, transition economy, monetary policy

Sažetak
The paper analyses the causes and dynamics of hyperinflation in the Republic of Croatia – which lasted from 1991 to 1993. Through the analysis of primary and secondary sources, the individual causes of hyperinflation are broken down, and based on the analysis the authors conclude that while the primary inflationary impulse is due to the economic legacy of Yugoslavia, and historical circumstances such as war and the collapse of the former state, the rise in prices would not have been maintained had there not been inflationary taxation as a form of accumulation of foreign exchange reserves. The authors aim to provide newer generations of economists with a complete overview of factors that instigated and maintained inflation in this turbulent and transitory period in Croatia’s history.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA