L’hyperinflation ou le rejet de la monnaie domestique

Jonathan Marie

Regards croisés sur l'économie, 2023, vol. n° 32, issue 1, 210-219

Abstract: The article proposes to define hyperinflation as the rejection of domestic currency in favour of a foreign currency in a context of high inflation. This rejection explains why these crises are also major political and institutional crises. Based on Post-Keynesian and structuralist theories, the analysis highlights the role played by distributional conflict, indexation, and external instability.

Date: 2023
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