On Hyperinflation: New Evidence from Zambia, the Central African Franc Zone, and Belarus

Steve H. Hanke and Nicole Saade

World Economics, 2025, vol. 26, issue 4, 71-90

Abstract: Adds four new hyperinflation episodes-Zambia (1984-86; 1988), CFA Franc Zone (1994), and Belarus (May 2011)-bringing the Hanke-Krus table to 71. Measures inflation via PPP using parallel-market exchange rates; applies Cagan's =50%/month for =30 days with full replicability. Peak rates: Zambia ~171%/mo and ~100%/mo; CFA Zone ~101%/mo; Belarus ~52.4%/mo. In Belarus, exchange-rate unification and tighter policies later eased inflation by early 2012.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldeconomics.com/Journal/Papers/Article.details?ID=962 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:962

Access Statistics for this article

More articles in World Economics from World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE
Bibliographic data for series maintained by Ed Jones ().