Oil Empire: Visions of Prosperity in Austrian Galicia by Alison Fleig Frank
Published by Harvard University Press on September 15th 2007
Genres: Economic History
Len's Summary: At the opening of the 20th Century Austria ranked third among the world's petroleum-producing states (surpassed by only the USA and Russia) accounting for five percent of global production. Yet, by 1918, the Central Powers did not have enough oil to maintain military operations. This book tells the story of what went wrong economically, socially, financially and politically in an ethnically diverse and often embattled area of Europe unfamiliar to most of us in North America.