Research Article

The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy

Volume: 5 Number: 1 July 11, 2019
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The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy

Abstract

This article maps out the nature of arms expenditure, its interconnection with arms production in interwar Czechoslovakia, and it investigates the role of arms expenditure in the national economy of the state. At the time of deepest economic crisis, the state minimised arms expenditure, something which had a negative impact on the arms industry. With increasing political tensions, however, the state’s demand for arms industry products was rising, and eventually – for strategic reasons – the state endeavoured to support the relocation of production to safer locations. The state’s extensive investment in arming itself and in the buildup of defence infrastructure required substantial resources, which the state was unable to cover, not even with the aid of newly instated tax revenue. Thus, the state decided to cover the costs through debt financing. The public debt rose fast, even though the state owed most of this debt to domestic creditors and debt servicing costs also remained reasonable. The multiplication effect of extensive arms costs affected areas where the arms industry was concentrated, while the border region received hardly any stimulus, with high unemployment persisting there.

Keywords

References

  1. Chamber of Deputies of the Parliament of the Czech Republic: Digital repository. Common Czech-Slovak digital library (“PSP ČR”). Stenographic protocols from the meeting of the Czechoslovak National Assembly 1929-1935. Stenoprotokol z 353. schůze konané ve středu 5. prosince 1934. [cit 2018-07-22]. Available online at: http://www.psp.cz/eknih/1929ns/ps/stenprot/353schuz/s353001.htm
  2. PSP ČR. Stenographic protocols from the meeting of the Czechoslovak National Assembly 1929-1935. Stenoprotokol z 353. schůze konané ve středu 5. prosince 1934. [cit 2018-07-24]. Available online at: http://www.psp.cz/eknih/1929ns/ps/stenprot/353schuz/s353001.htm.
  3. PSP ČR. Chamber of Deputies N. S. R. Č. 1937. 4th electoral period. 6th meeting. Zpráva výboru rozpočtového o vládním návrhu zákona (tisk 1112) o příspěvku na obranu státu a o dani z mimořádných zisků ze dne 10. prosince 1937. [cit 2018-08-01]. Available online at: http://www.psp.cz/eknih/1935ns/ps/tisky/t1174_00.htm
  4. National Archives in Prague (“NA”),. Fond Nejvyšší účetní kontrolní úřad (“NÚKÚ”), box 480, inv. no. 235, National Defence Ministry ref. no. 2113–dův.V./4.odděl.1932, Key to financial statements “National Defence Material Needs Fund” for 1931.
  5. NA. Fond NÚKÚ, box 482, inv. no. 238, Ministerstvo financí Ad. č. 22508/37-I/1. Využití půjčky obrany státu, 29. dubna 1937.
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  7. NA. Fond NÚKÚ, box 2243, inv. no.424, Skontro přímých daní, daně z obratu a daně z přepychu, rok 1936.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

July 11, 2019

Submission Date

December 16, 2018

Acceptance Date

April 29, 2019

Published in Issue

Year 2019 Volume: 5 Number: 1

APA
Hladík, J., & Ječný, R. (2019). The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy. Cihannüma Tarih Ve Coğrafya Araştırmaları Dergisi, 5(1), 139-164. https://doi.org/10.30517/cihannuma.498059
AMA
1.Hladík J, Ječný R. The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy. Cihannuma. 2019;5(1):139-164. doi:10.30517/cihannuma.498059
Chicago
Hladík, Jan, and Radim Ječný. 2019. “The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy”. Cihannüma Tarih Ve Coğrafya Araştırmaları Dergisi 5 (1): 139-64. https://doi.org/10.30517/cihannuma.498059.
EndNote
Hladík J, Ječný R (July 1, 2019) The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy. Cihannüma Tarih ve Coğrafya Araştırmaları Dergisi 5 1 139–164.
IEEE
[1]J. Hladík and R. Ječný, “The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy”, Cihannuma, vol. 5, no. 1, pp. 139–164, July 2019, doi: 10.30517/cihannuma.498059.
ISNAD
Hladík, Jan - Ječný, Radim. “The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy”. Cihannüma Tarih ve Coğrafya Araştırmaları Dergisi 5/1 (July 1, 2019): 139-164. https://doi.org/10.30517/cihannuma.498059.
JAMA
1.Hladík J, Ječný R. The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy. Cihannuma. 2019;5:139–164.
MLA
Hladík, Jan, and Radim Ječný. “The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy”. Cihannüma Tarih Ve Coğrafya Araştırmaları Dergisi, vol. 5, no. 1, July 2019, pp. 139-64, doi:10.30517/cihannuma.498059.
Vancouver
1.Jan Hladík, Radim Ječný. The Importance of Arms Expendıture and Arms Productıon in the Czechoslovak Economy. Cihannuma. 2019 Jul. 1;5(1):139-64. doi:10.30517/cihannuma.498059

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