The Georgian Hyperinflation and Stabilization /

This paper anlayzes the Georgian hyperinflation of 1993-94, which featured endogenous fiscal expenditures and the money supply, depreciation, and currency substitution. Hyperinflation was stopped by removing generalized consumer subsidies and tightening of monetary policy, and not by a sudden rush o...

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Detalles Bibliográficos
Autor Principal: Wang, Jian-Ye
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/065
Acceso en liña:Full text available on IMF