Österreichisch-Ungarische Kriegsfinanzierung im Ersten Weltkrieg

Studienarbeit aus dem Jahr 2010 im Fachbereich Geschichte Europas - Zeitalter Weltkriege Note: 1 Leopold-Franzens-Universität Innsbruck (Geschichte ) Veranstaltung: Österreichische 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.