| Österreichisch-Ungarische Kriegsfinanzierung im Ersten Weltkrieg Contributor(s): Schlipfinger, T. (Author) |
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ISBN: 3656190712 ISBN-13: 9783656190714 Publisher: Grin Verlag OUR PRICE: $36.01 Product Type: Paperback Language: German Published: May 2012 |
| Additional Information |
| BISAC Categories: - History | World - General |
| Physical Information: 0.05" H x 7" W x 10" (0.13 lbs) 24 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Studienarbeit aus dem Jahr 2010 im Fachbereich Geschichte Europa - and. L nder - Zeitalter Weltkriege, Note: 1, Leopold-Franzens-Universit t Innsbruck (Geschichte ), Veranstaltung: sterreichische Geschichte, Sprache: Deutsch, Abstract: This paper studies the various ways a country has in order to finance a war, thereby focusing on the Austrian-Hungarian monarchy and its ways to get money to finance the First World War. Major insights were provided by Alexander Popovics, the former governor of the Austrian-Hungarian bank and president of the Hungarian national bank. As his book Das Geldwesen im Kriege (trans. The Monetary System during the War) shows, Austria-Hungary relied very much on the money printing press instead of imposing taxes. Other means of raising money were emitting war bonds and loans from other countries - mostly Germany. However, as the monarchy relied to a much greater extent on the printing press than other nations did, the result was a major inflation that started already in 1914. |