Hyperinflation in the context of "Economic collapse"

The economy of Ukraine is a developing social market economy. It possesses many of the components of a major European economy, such as rich farmlands, a well-developed industrial base, highly-trained labour, and a good education system. Ukraine has large mineral deposits across its landmass.

The depression during the 1990s included hyperinflation and a fall in economic output to less than half of the GDP of the preceding Ukrainian SSR. GDP growth was recorded for the first time in 2000, and continued for eight years. This growth was halted by the 2008 financial crisis. It grew rapidly from 2000 until the 2008–2009 Ukrainian financial crisis. The economy recovered in 2010 and continued improving until 2013. The Euromaidan in Ukraine caused a severe economic decline from 2014 to 2015, with the country's gross domestic product in 2015 surpassing half of what it was in 2013. In 2016, the economy again started to grow. By 2018, the Ukrainian economy was growing rapidly, and reached almost 80% of its size in 2008.

In trade, barter (derived from bareter) is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Barter is considered one of the earliest systems of economic exchange, used before the invention of money. Economists usually distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce.

No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement, and anthropologists have found no evidence that money emerged from barter. Nevertheless, economists since the times of Adam Smith (1723–1790) often imagined pre-modern societies for the sake of showing how the inefficiency of barter explains the emergence of money and the economy, and hence the discipline of economics itself.

The general price level is a hypothetical measure of overall prices for some set of goods and services (the consumer basket), in an economy or monetary union during a given interval (generally one day), normalized relative to some base set. Typically, the general price level is approximated with a daily price index, normally the Daily CPI. The general price level can change more than once per day during hyperinflation.

Viktor Andriiovych Yushchenko (Ukrainian: Віктор Андрійович Ющенко, IPA: [ˈwiktor ɐnˈd⁽ʲ⁾r⁽ʲ⁾ijowɪtʃ ˈjuʃtʃenko] ; born 23 February 1954) is a Ukrainian politician who was the third president of Ukraine from 23 January 2005 to 25 February 2010. He aimed to orient Ukraine towards the West, European Union, the G7 and NATO.

Yushchenko's first career was in the banking industry. In 1993, he became governor of the National Bank of Ukraine, presiding over their response to hyperinflation and the introduction of a national currency. From 1999 to 2001 he was prime minister under President Leonid Kuchma. After his dismissal as prime minister, Yushchenko went into opposition to President Kuchma and founded Our Ukraine Bloc, which at the 2002 parliamentary election became Ukraine's most popular political force.

Salvador Allende was the president of Chile from 1970 until his suicide in 1973, and head of the Popular Unity government; he was a Socialist and the first Marxist elected to the national presidency of a liberal democracy in Latin America. In August 1973 the Chilean Senate declared the Allende administration to be "unlawful," Allende's presidency was ended by a military coup before the end of his term. During Allende's three years, Chile gradually transitioned into a socialist state.

During his tenure, Chilean politics reached a state of civil unrest amid political polarization, hyperinflation, lockouts, economic sanctions, CIA-sponsored interventionism and a failed coup in June 1973. Allende's coalition, Unidad Popular, faced the problem of being a minority in the congress and it was plagued by factionalism.

The manat (ISO code: AZN; sign: ₼; abbreviation: m) is the currency of Azerbaijan. It is subdivided into 100 gapiks.

The first iteration of the currency emerged in the Azerbaijan Democratic Republic and its successor, the Azerbaijan Soviet Socialist Republic, with the issues happening in 1919–1923. The currency underwent hyperinflation, and was eventually substituted by the Transcaucasian ruble, which, in its turn, was converted to the Soviet ruble.