Le développement d'industries de base sur des espaces économiques réduits: L'exemple de la sidérurgie autrichienne
J.-L. Payart
Revue Économique, 1954, vol. 5, issue 5, 746-764
Abstract:
[eng] SUMMARY The Austrian steel industry is disproportionate to the resources locally available as it must buy part of its ore and scrap iron and also all its requirement of coke from abroad It must also export large amount of its production as the local demand for its products is not sufficient to take up the available supply This development of heavy industry was not supported by large consumer goods Industries because Austria was originally the center of the Austria- Hungarian Empire and later part of the IIIrd Reich At the end of the second World War the steel Industry was three-quarters destroyed or dismantled It was however rebuilt although Austria was reduced in size and politically isolated Consumer goods industries continued to be neglected Considering the failure of the attempt to secure free exchange of products this over-development of basic Industry has resulted in the destruction of that harmonious development which can only occur when consumer and capital goods are available in suitable proportions
Date: 1954
Note: DOI:10.3406/reco.1954.407072
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