Posts Tagged ‘inflation’

Inflation trend worldwide

Inflation trend worldwide

Inflation trend worldwide

The inflation represents the increase of the general level of prices in a economy, in a certain period of time. This means that the prices of goods and services had generally increased in the reviewed period of time.

In the last century the global inflation constantly increased, with a small acceleration in the last few decades. Many economists fear that the global recession could be followed by a significant rise of the global inflation. (more…)

Zimbabwe, the state of hyperinflation

Zimbabwe, the state of hyperinflation

Zimbabwe, the state of hyperinflation

Located in southern Africa, Zimbabwe is a state famous for its economic problems. After a very good economic period during the 1980s and 1990s when Zimbabwe recorded strong economic growth each year, the country’s economic situation turned bad during the Congolese war.

The implication in the Congolese war between 1998 and 2002 had huge implications upon the Zimbabwean economy. The financial resources of the country were drained by the war and the country started to fall apart. (more…)