Yugoslav Hyperinflation 1992-1994

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Title: Yugoslav Hyperinflation 1992-1994
Author: Jankovic, Igor
Contributor: University of Helsinki, Department of Political Science
Thesis level: Master's thesis
Abstract: This study deals with the topic of Yugoslav Hyperinflation of 1992-1994. Contrary to many works dealing with the most recent episodes of hyperinflation in the Latin American countries there is no work explaining the causes and dynamics of the Yugoslav hyperinflation. What precisely was the setting and monetary policies that led to such an extreme case of hyperinflation? This study explains through the theory of hyperinflation what happens when there is a continuous creation of money by the government and for how long the government can profit from creating money. There is a thorough analysis of the types of monetary abuse the regime of Mr Milosevic resorted to for its own personal benefit, specifically concentrating on the illegal grey issue component of primary money. The conclusion of my thesis is that the hyperinflation was made more severe by Mr. Milosevic and his subordinates with the sole purpose of depriving the people of their foreign currency. This was necessary for the regime of Mr Milosevic to stay in power. This work relied primarily on secondary sources dealing with the economic situation in Yugoslavia of that time. These included chiefly articles from independent Serbian journals as well as a few official government produced documents.
Description: Endast avhandlingens sammandrag. Pappersexemplaret av hela avhandlingen finns för läsesalsbruk i Statsvetenskapliga biblioteket (Unionsgatan 35). Dessa avhandlingar fjärrutlånas endast som microfiche.Abstract only. The paper copy of the whole thesis is available for reading room use at the Library of Social Sciences (Unioninkatu 35) . Microfiche copies of these theses are available for interlibrary loans.Vain tiivistelmä. Opinnäytteiden sidotut arkistokappaleet ovat luettavissa HY:n keskustakampuksen valtiotieteiden kirjastossa (Unioninkatu 35). Opinnäytteitä lainataan ainoastaan mikrokortteina kirjaston kaukopalvelun välityksellä
URI: http://hdl.handle.net/10138/10514
Date: 2004-12-07
Subject: quantity theory of money
grey money

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