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On The Measurement Of Zimbabwes Hyperinflation
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Book Synopsis Hyperinflation in Zimbabwe by : Tara McIndoe-Calder
Download or read book Hyperinflation in Zimbabwe written by Tara McIndoe-Calder and published by Springer Nature. This book was released on 2019-11-16 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the hyperinflation in Zimbabwe in the 2000s. The authors present a full description of the Zimbabwean hyperinflation in its relevant economic, historical and political context. They address parallels with other hyperinflations, discuss the economics of hyperinflation in general and of the Zimbabwean hyperinflation in particular, and provide a money demand estimation using a new dataset. The study concludes with several policy lessons. This book will be of interest to researchers in both social sciences and the humanities, as well as practitioners and policy-makers in development economics, and those in the banking industry.
Download or read book Hyperinflation written by He Liping and published by Routledge. This book was released on 2017-10-03 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1970s when the world was experiencing an "age of inflation", a great volume of academic research about hyperinflation has been conducted. However, it is also true that parrot-like superficial talks abound, without questioning the economic, political and social foundations existing underneath the economic phenomenon. Based on research results of contemporary economists, media reports and historical works, this book will be the most comprehensive narrative of all major events of hyperinflation worldwide from the turn of the first millennium to the mid-2010s. Firstly, it gives a brief illustration of the basic concepts of hyperinflation, starting with the definitions and price measurement. Then it traces and analyzes all major episodes of hyperinflation that occurred over the past two thousand years or so, from the earliest incidence to the four tidal waves in the 20th century, and to the three latest episodes in the 21st century. Using basic concepts in modern finance such as indexation and dollarization, this book explains why hyperinflation in some countries could explode into astronomical levels, while rhythms of hyperinflation in the 20th century world are in resonance of megatrends in world economy and politics. Finally, this book underscores the importance of policy making, institutional building and international relations in the process of hyperinflation and stabilization. Scholars and students studying money and finance, economic history, international finance and economics will be attracted by this book.
Book Synopsis Routledge Handbook of Major Events in Economic History by : Randall E. Parker
Download or read book Routledge Handbook of Major Events in Economic History written by Randall E. Parker and published by Routledge. This book was released on 2013 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to introduce readers to the important macroeconomic events of the past two hundred years. It explains what went on and why during the most significant economic epochs of the nineteenth, twentieth and early twenty-first centuries and how where we are today fits in this historical timeline.
Book Synopsis Building a Cashless Society by : Niklas Arvidsson
Download or read book Building a Cashless Society written by Niklas Arvidsson and published by Springer. This book was released on 2019-02-22 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book tells the story of how Sweden is becoming a virtually cashless society. Its goal is to improve readers’ understanding of what is driving this transition, and of the factors that are fostering and hampering it. In doing so, the book covers the role of central banks, political factors, needs for innovation, and the stakeholders involved in developing a cashless ecosystem. Adopting a historical standpoint, and drawing on a unique dataset, it presents an academic perspective on Sweden’s leading role in this global trend. The global interest in the future of cash payments makes the Swedish case particularly interesting. As a country that is close to becoming a cashless economy, it offers a role model for many other countries to learn from - whether they want to stimulate or reduce the use of cash. This highly topical book will be of interest to politicians, researchers, businesses, financial service providers and payment service providers, as well as fintech start-ups, regulators and other authorities.
Download or read book Sanctions as War written by and published by BRILL. This book was released on 2021-12-20 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sanctions as War is the first critical analysis of economic sanctions from a global perspective. Featuring case studies from 11 sanctioned countries and theoretical essays, it will be of immediate interest to those interested in understanding how sanctions became the common sense of American foreign policy.
Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar
Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Book Synopsis Why Has Poverty Increased in Zimbabwe? by : Jeffrey R. Alwang
Download or read book Why Has Poverty Increased in Zimbabwe? written by Jeffrey R. Alwang and published by World Bank Publications. This book was released on 2002-01-01 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Poverty increased in Zimbabwe in all sectors of the economy during the 1990s. This book provides reasons for the increase in poverty using several analytical techniques including nonparametric and parametric statistical methods. This book is part of a series of studies completed under the Poverty Dynamics in Africa Initiative designed to make use of the vastly improved household survey data in Africa. This series intends to enhance understanding of poverty trends in the region, and to frame more successful poverty-reducing policies for the future."
Download or read book Zimbos Never Die? written by and published by BRILL. This book was released on 2023-05-08 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to explore how the Zimbabwean society and its institutions have survived if not succumbed to continuous economic crises in the country. From the 1990s Zimbabwe experienced a sustained economic decline challenged by both internal and external strains. Coupled with internal mis-governance and corruption, the nation plunged into a political and economic crisis which culminated in the second highest world inflation rate for an economy that is not at war. In the face of the harsh and continuously deteriorating economic environments, Zimbabweans as individuals as well as part of institutions adopted various strategies to negotiate and survive the economic scourge. Contributors include Wellington Bamu, Nathaniel Chimhete, Anusa Daimon, Innocent Dande, Sylvester Dombo, Tinotenda Dube, Rudo Gaidzanwa, Tafara Evelyn Kombora, Ushehwedu Kufakurinani, Bernard Kusena, Eric Kushinga Makombe, Albert Makochekanwa, Blessed Masawi, Ivo Mhike, Joseph P. Mtisi, Joseph Mujere, Wesley Mwatwara, Pius S. Nyambara, Tinashe Nyamunda, Mark Nyandoro, Takesure Taringana and Nicola Yon (Mutimurefu).
Book Synopsis Handbook of Research on Heritage Management and Preservation by : Ngulube, Patrick
Download or read book Handbook of Research on Heritage Management and Preservation written by Ngulube, Patrick and published by IGI Global. This book was released on 2018-02-02 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: Archives, museums, and libraries are pivotal to the management and preservation of any society's heritage. Heritage assets should be systematically managed by putting in place proper policies, maintenance procedures, security and risks measures, and retrieval and preservation plans. The Handbook of Research on Heritage Management and Preservation is a critical scholarly resource that examines different aspects of heritage management and preservation ranging from theories that underline the field, areas of convergence and divergence in the field, infrastructure and the policy framework that governs the field, and the influence of the changing landscape on practice. Featuring coverage on a broad range of topics, such as community involvement, records legislation, and collection development, this book is geared towards academicians, researchers, and students seeking current research on heritage management and preservation.
Book Synopsis Zimbabwe: The Link Between Politics and the Economy by : Godfrey Kanyenze
Download or read book Zimbabwe: The Link Between Politics and the Economy written by Godfrey Kanyenze and published by African Books Collective. This book was released on 2022-03-31 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this accessible and authoritative book, Godfrey Kanyenze provides a comprehensive and far-reaching analysis of the socio-economic development in Zimbabwe in light of the expanding authoritarianism and the ongoing destruction of democratic institutions during the four decades after independence. Kanyenze describes the various phases of the socio-economic development starting with 1980 when the people of Zimbabwe saw their hard-won independence and new democracy as a promise for a "better life for all". Kanyenze highlights how by dismantling all barriers of economic and legal restraint, and that despite being necessary, The land reform programme put the political and financial interests of the elite before those of the people which continues to this day. Kanyenze reveals the governmental attacks on civil society, and notes how economic policy was not even part of an "authoritarian bargain", an implicit arrangement between ruling elites and citizens whereby citizens relinquish political freedom in exchange for public goods. And he concludes this analysis with a current update of Zimbabwe today, where citizens have nothing -neither political freedom nor public goods. This impressive and gripping account of an authoritarian capitalist system and a country in decline is a must-read for students, researchers, policymakers and those who want to better understand how politics and the economy, interests, conflicts, and power work together.
Book Synopsis Hard-Boiled Egg Index by : Kudzai Joseph Gumunyu
Download or read book Hard-Boiled Egg Index written by Kudzai Joseph Gumunyu and published by LifeRich Publishing. This book was released on 2019-03-30 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hard-Boiled Egg Index is a true story on the struggles Kudzai Gumunyu and most Zimbabweans went through during the record- and heart-breaking hyper-inflationary period in Zimbabwe. Though saddening, the story is told in a humorous and vivid way detailing how Kudzai had to adjust to the effects of economic meltdown. Zimbabwe’s inflation rate reached a mind-boggling 89.7 sextillion percent by 2008 and US$1 was worth 3 nonillion Zimbabwean dollars had the Central Bank not debased the currency three times with twenty-five zeros. The ZWD100 trillion became the highest denomination on the planet. Before the crazily denominated notes, money was being carried in wheelbarrows and grain bags and the purchased item in your hand due to rapid loss of value. Every day became a struggle from shortages of foodstuffs, collapse of services, bank queues, as well a salary that could not keep up with inflation. The writer also gives the life and economic lessons learned, which can be useful to other countries navigating similar economic minefields. It ends with a positive outlook for the country and the hope that the Jewel of Africa (Zimbabwe) will sparkle again given its educated and competent human capital, abundant and rich mineral fields, tourist attractions, rich agricultural lands aided by a favorable climate, as well as, recently, a change of leadership.
Book Synopsis Global Waves of Debt by : M. Ayhan Kose
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Book Synopsis Economic Management in a Hyperinflationary Environment by : George Kararach
Download or read book Economic Management in a Hyperinflationary Environment written by George Kararach and published by Oxford University Press. This book was released on 2016 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a political economy analysis of leadership and economic management in crises in developing economies based on Zimbabwe's experience.
Book Synopsis Quantitative Easing as a Highway to Hyperinflation by : Imad A. Moosa
Download or read book Quantitative Easing as a Highway to Hyperinflation written by Imad A. Moosa and published by World Scientific. This book was released on 2014 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the topical issue of whether the current environment in the US and other major countries, where quantitative easing is used to boost the economy, is conducive to the emergence of hyperinflation. This is a controversial and highly debated issue. Using both economics and history, the author challenges the view that quantitative easing will not lead to hyperinflation and argues that hyperinflation, or at least high inflation, is likely to appear eventually. The book examines all the propositions put forward for and against the eventuality of hyperinflation in the US, using illustrations based on actual and simulated data. The analysis leads to the conclusion that the current fiscal position of the US government, particularly the levels of external debt and unfunded liabilities, will not be rectified without resorting to inflationary financing. The book would be useful not only for policy makers and economists but also for non-specialist observers.
Book Synopsis Rebellion, Rascals, and Revenue by : Michael Keen
Download or read book Rebellion, Rascals, and Revenue written by Michael Keen and published by Princeton University Press. This book was released on 2022-05-17 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging and enlightening account of taxation told through lively, dramatic, and sometimes ludicrous stories drawn from around the world and across the ages Governments have always struggled to tax in ways that are effective and tolerably fair. Sometimes they fail grotesquely, as when, in 1898, the British ignited a rebellion in Sierra Leone by imposing a tax on huts—and, in repressing it, ended up burning the very huts they intended to tax. Sometimes they succeed astonishingly, as when, in eighteenth-century Britain, a cut in the tax on tea massively increased revenue. In this entertaining book, two leading authorities on taxation, Michael Keen and Joel Slemrod, provide a fascinating and informative tour through these and many other episodes in tax history, both preposterous and dramatic—from the plundering described by Herodotus and an Incan tax payable in lice to the (misremembered) Boston Tea Party and the scandals of the Panama Papers. Along the way, readers meet a colorful cast of tax rascals, and even a few tax heroes. While it is hard to fathom the inspiration behind such taxes as one on ships that tended to make them sink, Keen and Slemrod show that yesterday’s tax systems have more in common with ours than we may think. Georgian England’s window tax now seems quaint, but was an ingenious way of judging wealth unobtrusively. And Tsar Peter the Great’s tax on beards aimed to induce the nobility to shave, much like today’s carbon taxes aim to slow global warming. Rebellion, Rascals, and Revenue is a surprising and one-of-a-kind account of how history illuminates the perennial challenges and timeless principles of taxation—and how the past holds clues to solving the tax problems of today.
Author :Edmund Obeng Amaning, Tonprebofa Waikumo Okotori, Mohammed Aslam Khan, Raude John O. Messo, Jacob Ogweno Ogweno Publisher :AJPO Journals USA LLC ISBN 13 :9914999867 Total Pages :120 pages Book Rating :4.9/5 (149 download)
Book Synopsis Modern Trends in Economics by : Edmund Obeng Amaning, Tonprebofa Waikumo Okotori, Mohammed Aslam Khan, Raude John O. Messo, Jacob Ogweno Ogweno
Download or read book Modern Trends in Economics written by Edmund Obeng Amaning, Tonprebofa Waikumo Okotori, Mohammed Aslam Khan, Raude John O. Messo, Jacob Ogweno Ogweno and published by AJPO Journals USA LLC. This book was released on 2022-09-22 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK A Monetary Analysis of Ghana: Examining the Impact and the Causal Relationship between Monetary Policy and Inflation in Ghana CBN Monetary Policy and Inflation Nexus in Nigeria: An Empirical Approach A Study on Dynamics of India’s Gross Domestic Product for 2014-2019 Earnings Announcements and the Security Trade Volumes of Listed Companies in Kenya Inflation on Households Expenditure in Mbita Division of Mbita District, Kenya: A Situational Analysis
Book Synopsis Economic Development by : E. Wayne Nafziger
Download or read book Economic Development written by E. Wayne Nafziger and published by Cambridge University Press. This book was released on 2012-03-26 with total page 863 pages. Available in PDF, EPUB and Kindle. Book excerpt: E. Wayne Nafziger analyzes the economic development of Asia, Africa, Latin America, and East-Central Europe. The book is suitable for those with a background in economics principles. Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea, and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing countries.
