Suriname : a Case Study of High Inflation /
Saved in:
| Author / Creator: | Shah, Sukhdev. |
|---|---|
| Imprint: | Washington, D.C. : International Monetary Fund, 1999. |
| Description: | 1 online resource (24 pages) |
| Language: | English |
| Series: | IMF Working Papers, 2227-8885 ; Working Paper No. 99/157 IMF Working Papers ; Working Paper no. 99/157. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12508060 |
| Summary: | Suriname recently went through a period of destabilizationthat that bordered on hyperinflation. The country's experience provides a good illustration to study the genesis and dynamics of high inflation and includes some unusual phenomena, such as a monetary overhang, an eight-tiered exchange rate, and inflationary gold purchases by the central bank. High inflation also had a significant impact on the real economy. This paper compares the experience of Suriname with other countries discussed in the recent stabilization literature. It finds strong evidence of intertemporal demand effects, which occurred as the public reacted to the temporary bout of high inflation. |
|---|---|
| Item Description: | Available in PDF, ePUB, and Mobi formats on the Internet. |
| Physical Description: | 1 online resource (24 pages) |
| ISBN: | 1451902611 9781451902617 1462351891 9781462351893 1282038540 9781282038547 9786613796943 6613796948 9781451857474 1451857470 |
| ISSN: | 2227-8885 ; |