The International Accounting Standard Board´s definition of hyperinflation is the generally accepted definition in the world economy since April 1989, the date IAS 29 was authorized.
The IASB defines hyperinflation in IAS 29 Financial Reporting in Hyperinflationary Economies, Par. 3 (e) as follows:
Copyright (c) 2005-2012 Nicolaas J Smith. All rights reserved. No reproduction without permission.
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