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EN
The paper aims to broaden the understanding of the business strategies of leading players on the Czechoslovak and Austrian cement markets between 1918 and 1938. It also aims to expand the empirical knowledge regarding the state interventionism, monopolization of the market and its cartelization. First, the paper outlines the structural characteristics of the interwar Austrian and Czechoslovak cement industry. The peculiarity of the cement industry in comparison with other dominant branches of heavy industry in Central Europe (engineering, metallurgy, chemical industry etc.) lies in the specificity of inputs and outputs, which are significantly influenced by the geographic location of the cement plant. Next, the paper compares the business strategies of dominant players on both markets (Králův Dvůr in Czechoslovakia and Perlmoos in Austria). Both cement plants responded to the structural changes after the dissolution of the Austria-Hungary quite differently, which closely corresponded with the structural changes on both markets. Králův Dvůr preferred the path of “extensive” growth, while Perlmoos opted for more “intensive” means of development.
Central European Papers
|
2014
|
vol. 2
|
issue 2
164-178
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.
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