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What is the developmental state model? Where has it been used? How successful has it been? Why might it be difficult to successfully follow that model in other regions of the Third World?
Hyperinflation
An extremely high and typically accelerating rate of inflation, leading to the rapid erosion of the real value of local currency.
Alternatives
Other options or choices available to individuals or organizations when making decisions.
Fiat Money
Currency that a government has declared to be legal tender, but it is not backed by a physical commodity.
Intrinsic Value
The true, inherent, and perceived value of an asset, not necessarily reflected in its current market price.
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