Österreichisch-Ungarische Kriegsfinanzierung im Ersten Weltkrieg

Studienarbeit aus dem Jahr 2010 im Fachbereich Geschichte Europa - and. Länder - 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.