Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993
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 prim...
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| Format: | Article |
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DOBA Business School Maribor
2023-04-01
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| Series: | Mednarodno Inovativno Poslovanje |
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| Online Access: | https://journal.doba.si/OJS/index.php/jimb/article/view/308 |
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| author | Denis Družić Dubravka Maras |
| author_facet | Denis Družić Dubravka Maras |
| author_sort | Denis Družić |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-5d5fa77813bd4055ad3f303dcba78eb6 |
| institution | Kabale University |
| issn | 1855-6175 |
| language | deu |
| publishDate | 2023-04-01 |
| publisher | DOBA Business School Maribor |
| record_format | Article |
| series | Mednarodno Inovativno Poslovanje |
| spelling | doaj-art-5d5fa77813bd4055ad3f303dcba78eb62025-02-03T09:41:42ZdeuDOBA Business School MariborMednarodno Inovativno Poslovanje1855-61752023-04-011421910.32015/JIBM.2022.14.2.3308Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993Denis Družić0Dubravka Maras1University of Applied Sciences Baltazar Zapresic, CroatiaUniversity of Applied Sciences Baltazar Zapresic, CroatiaThe 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.https://journal.doba.si/OJS/index.php/jimb/article/view/308inflationhyperinflationtransition economymonetary policy |
| spellingShingle | Denis Družić Dubravka Maras Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 Mednarodno Inovativno Poslovanje inflation hyperinflation transition economy monetary policy |
| title | Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 |
| title_full | Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 |
| title_fullStr | Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 |
| title_full_unstemmed | Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 |
| title_short | Analysis of the Causes of Hyperinflation in The Republic of Croatia 1991-1993 |
| title_sort | analysis of the causes of hyperinflation in the republic of croatia 1991 1993 |
| topic | inflation hyperinflation transition economy monetary policy |
| url | https://journal.doba.si/OJS/index.php/jimb/article/view/308 |
| work_keys_str_mv | AT denisdruzic analysisofthecausesofhyperinflationintherepublicofcroatia19911993 AT dubravkamaras analysisofthecausesofhyperinflationintherepublicofcroatia19911993 |