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Inflation and stabilization in Yugoslavia (English)

This paper shows that inflation in Yugoslavia shares common elements with inflation in other highly indebted countries, despite appearances other-wise. These common elements include a large transfer of resources abroad unmatched by an internal adjustment, resulting in a large internal redistribution of real resources through inflation. The author argues that Yugoslavia differs from other countries in that these internal conditions are not transparent...
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Citation

Rocha, Roberto de Rezende.

Inflation and stabilization in Yugoslavia (English). Policy, Research, and External Affairs working papers ; no. WPS 752. Macroeconomic adjustment and growth Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/809531468781182342

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