Republic of Austria Celebrates its 100th Anniversary. After Hard Post-war Years a Catching-up Process set in Leading to an Impressive Growth of Income
The First Republic of Austria was proclaimed in November 1918. The hard years following the end of World War I produced an economic crisis on a global scale which prepared the ground for World War II. After the war had ended, the Austrian economy was once again in desperate straights. Reconstruction spawned an amazingly dynamic catching-up process. Today, Austria is among the richest countries in the world.
Empfohlene Zitation
Scheiblecker, M., & Butschek, F. (2018). 100 Jahre Republik Österreich. Nach bitteren Jahren Aufholprozess zu höchstem Wohlstand. WIFO-Monatsberichte, 91(1), 37-52. https://www.wifo.ac.at/publication/pid/4134509.