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Management of the Austrian State Economy in the Mid-Twentieth Century. Problems of Macroeconomic Planning in Europe in 1945-1960 with a view to contemporary economic history

Tomáš Kremr
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Tomáš Kremr: University of Economics, Prague, Faculty of Economics, Department of Economic History

Romanian Journal of Economics, 2020, vol. 51, issue 2(60), 50-82

Abstract: This work focuses on the management of the state economy in Austria, specifically targeting the preconditions of the planning within the institutional set-up of the Austrian economy. The work emphasizes the influence of the German planning experience applied in Austria during World War II to the post-war form of the Austrian economic policy. The purpose of the work is also to highlight the effects of the Austrian economic policy after World War II and the extent in which this policy included certain forms of planning. It also aims to determine how this policy managed to steer Austria away from a difficult period of a divided country in the first ten years following World War II.

Keywords: Austrian economy; allocation of production factors; the benefit of centrally planned economies (search for similar items in EconPapers)
JEL-codes: B20 F50 G38 E14 E20 E31 E32 E52 E58 E62 F14 F44 H20 H50 H62 N44 P21 Y40 (search for similar items in EconPapers)
Date: 2020
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Handle: RePEc:ine:journl:v:51:y:2020:i:60:p:50-82