Entwicklungspfade des Finanzplatzes Wien. Transformation von der weak zur strong history?
- Author(s)
- Robert Musil, Jakob Eder
- Abstract
The financial center of Vienna experienced a dynamic internationalization during the 1990s and early 2000s, which was focused on the countries of Central and Eastern Europe (CEE). Although Viennese banks were irrelevant players on the European scale, Bank Austria, Erste Bank, and Raiffeisen International became the largest foreign banks in this region. Following the concept of path dependency, this article identifies this period as a "strong history" and traces this story of success back to historic pre-1989 conditions: a "weak history". Based on quantitative research and expert interviews, this paper shows the personal and institutional continuities of Viennese banks in the CEE region, which outlasted the historic break of 1989.
- Organisation(s)
- Department of Geography and Regional Research
- Journal
- Zeitschrift für Wirtschaftsgeographie
- Volume
- 59
- Pages
- 259-275
- No. of pages
- 17
- ISSN
- 0044-3751
- DOI
- https://doi.org/10.1515/zfw-2015-0405
- Publication date
- 12-2015
- Peer reviewed
- Yes
- Austrian Fields of Science 2012
- 507026 Economic geography
- Keywords
- ASJC Scopus subject areas
- Geography, Planning and Development, Economics and Econometrics
- Portal url
- https://ucrisportal.univie.ac.at/en/publications/entwicklungspfade-des-finanzplatzes-wien-transformation-von-der-weak-zur-strong-history(dc025266-de9e-423c-a53f-063aa1a04be6).html