The Central-European Economic Effects of the WWI

• Authors: Ferenc Szávai
• Languages of publication: EN

Abstracts

EN

The First World War brought total economic exhaustion to the Central-European region. It caused problems in the workforce, and finances. Together with inflation, it emerged in the form of a serious government debt. The agricultural balance of the world was lost, as well as the system of financial gold standard. In this, new, Central-European region, the typical form of existence was the economy of self-supply, and the policy of seclusion. After the dissolution of the great economic unity, the national assets became the possession of the former member states of the Monarchy; however, in numerous cases it gave grounds for quarrels and complaints. Among these, in this study, I concentrated on the cases of options, pension provisions and old crown accounts.

Keywords

EN

government asset; war loan; inflation; disintegration; expropriation; option; joint tribunal; economic self-sufficiency; Treaty of Trianon; Kingdom of Hungary; Austrian Republic

Discipline

• HISTORY: HISTORY

• Publisher: Silesian University in Opava, Faculty of Public Policies, Czech Republic
• Journal: Central European Papers
• Year: 2014
• Volume: 2
• Issue: 2
• Pages: 164-178

Contributors

author

Ferenc Szávai

• Nemzetközi Gazdasági Kapcsolatok Tanszék, Módszertani Intézet, Gazdaságtudomány, Kaposvári Egyetem, Guba Sándor u. 40, 7400 Kaposvár, Hungary