IDEAS home Printed from https://ideas.repec.org/p/ris/jhisae/0119.html
   My bibliography  Save this paper

Inflation by the Decades: 1960s

Author

Listed:
  • Hanke, Steve H.

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

  • Boger, Tal

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

For the 1960s, we recorded inflation data for 65 countries and territories. As expected, earlier decades have less data. This decade has most of the data for South America, but very little for other regions. Therefore, because there are few countries to compare to South American countries, 4 of the 5 most inflationary countries were in South America. The most inflationary country in the world was Indonesia; its annualized inflation was about 3x higher than the next most inflationary country, Uruguay. Nevertheless, it did not hyperinflate. There were no hyperinflations in this decade.3 However, this is partly due to the lack of data for the period. Economies in Asia, Africa, and Eastern Europe were unstable in this period, so their may have been cases of high inflation in these areas. Throughout the decade, 4 countries had annualized inflation rates of over 20%, and 6 countries had a rate over 10%.

Suggested Citation

  • Hanke, Steve H. & Boger, Tal, 2018. "Inflation by the Decades: 1960s," Studies in Applied Economics 119, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0119
    as

    Download full text from publisher

    File URL: https://sites.krieger.jhu.edu/iae/files/2018/08/Inflation_by_the_Decades_1960s.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:jhisae:0119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Steve H. Hanke (email available below). General contact details of provider: https://edirc.repec.org/data/iaejhus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.