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.
Inhaltsverzeichnis
Einleitung
Forschungsstand
Ausgangslage
Kriegsfinanzierung
Volkseinkommen/Volksvermögen
Unterstützung aus dem Ausland
Steuern
Kredite bei der Notenbank
Kriegsanleihen
Kriegsbedingte Inflation
Zusammenfassung
Bibliographie
- Quote paper
- T. Schlipfinger (Author), 2010, Österreichisch-Ungarische Kriegsfinanzierung im Ersten Weltkrieg, Munich, GRIN Verlag, https://www.grin.com/document/193961
-
Upload your own papers! Earn money and win an iPhone X. -
Upload your own papers! Earn money and win an iPhone X. -
Upload your own papers! Earn money and win an iPhone X. -
Upload your own papers! Earn money and win an iPhone X. -
Upload your own papers! Earn money and win an iPhone X. -
Upload your own papers! Earn money and win an iPhone X.