The Dominican Republic: Resolving the Banking Crisis and Restoring Growth
After a decade of rapid economic growth, the Dominican Republic entered a downward spiral in 2003. The economy shrank for …
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Zimbabwe: From Hyperinflation to Growth
The hallmark of Zimbabwe’s economic collapse is hyperinflation. The most recent official inflation figure is for February 2008: a whopping …
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World Hyperinflations
This chapter supplies, for the first time, a table that contains all 56 episodes of hyperinflation, including several which had …
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Bulgaria: Liquidate KTB, Now
The long-awaited audit of the Corporate Commercial Bank’s (KTB’s) assets has been released by the Bulgarian National Bank (BNB). In …
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Government Gold-Plating
Sen. Tom Coburn (R-OK) released his annual Wastebook this past week. It contains a laundry list of doozies. The U.S. government’s …
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The Costs of Ebola: Guinea and Sierra Leone
For a clear snapshot of a country’s economic performance, a look at my misery index is particularly edifying. The misery …
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