European Parliament Library

Suriname :, A Case Study of High Inflation, Sukhdev Shah, Benedikt Braumann

Label
Suriname :, A Case Study of High Inflation, Sukhdev Shah, Benedikt Braumann
Language
eng
Abstract
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
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Suriname :
Nature of contents
dictionaries
Responsibility statement
Sukhdev Shah, Benedikt Braumann
Series statement
IMF Working Papers
Sub title
A Case Study of High Inflation
Content
Other version