The Yugoslav Hyperinflation of 1992–1994: Causes, Dynamics, and Money Supply Process

The extraction of aggregates in Serbia, 1973 - 2015: A statistical exploration

“…The devastating developments in the aggregates extraction industry were primarily a consequence of Yugoslav wars and international economic embargo. In addition, between 1992 and 1994, Yugoslavia experienced the second-highest and the second-longest hyperinflation in economic history, as documented by Petrović et al [20]. Petrović et al [20] state that, as the inflation gained pace, output in Yugoslavia halved leaving no room for any industrial and growth recovery.…”

Trust and Identity in a Small, Post-Socialist, Post-Crisis Society

“…A virulent and long hyperinflation in 1992-94 resulted in massive impoverishment and asset and income distribution that has likely adversely affected trust (Petrović, Bogetić and Mladenović 1999). The outcome of the subsequent referendum on independence in 2006 showed, on the other hand, internal divisions on whether Montenegro should be independent.…”

Analysis of Coexplosive Processes

“…A more complete empirical analysis can be found in the companion paper, Nielsen (2004). The institutional background for the extreme Yugoslavian hyper-inflation is described in Petrović and Vujošević (1996) and Petrović, Bogetić and Vujošević (1999). In short, the former federal republic of Yugoslavia was falling apart in 1991, the war started and United Nations embargo was introduced in May 1992.…”