Author(s)

Yi Lu ¹

Affiliation(s)

¹ School of Economics and Management, North China University of Technology, Beijing, China

Corresponding Author

ABSTRACT

During the first decade of the 21st century, Zimbabwe experienced the worst hyperinflation in the history of the country. In February 2008, the Zimbabwean government announced that its monetary inflation rate was as high as 24411.03%, and prices had risen 240 times in a year. This article deeply analyzes the relevant historical data of Zimbabwe, explores the reasons behind its inflation, and summarizes the implications for today's economic development.

KEYWORDS

CITE THIS PAPER

Yi Lu, Zimbabwe's inflation and its revelations. Information Systems and Economics (2024) Vol. 5: 208-211. DOI: http://dx.doi.org/10.23977/infse.2024.050425.

REFERENCES

[1] Shen Xiaolei." Fast Lane" Land Reform and Zimbabwean Political Development [J]. International Political Studies, 2019, 40(03):64-96+4-5
[2] Wang Guoqing. International assistance to Zimbabwe and its reference [J]. International Economic Cooperation, 2011, (09):31-33. 
[3] Wan Guanghui, Tian Hanhui, Zhang Chengsi. Is the Phillips curve lost? - Analysis based on the dynamics of inflation and the mechanism of expectation formation [J].Manage the world, 2024,40(03):56-74. DOI:10.19744/j. cnki. 11-1235/f.2024.0035.
[4] Gao Qiufu. Analysis of Zimbabwe's serious economic and political crisis [J]. West Asia and Africa, 2007, (12):52-57+80.

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