Abstract (eng)
The Geneva protocols, also known as the first rescue-fund in history, had significant impact on Austrian financial policy and the country’s national sovereignty. While the Austrian interwar period is extensively researched from a political and economic perspective, there is only insufficient understanding of the political stakeholders through the lens of a political analysis tool. In this thesis, we attempt to close this gap by applying the “veto-player-theory” of George Tsebelis to identify the decision makers who paved the way for the Geneva loan. We also extend Tsebelis theory with Galbraiths “instruments of power” to categorize indirect veto players who were previously undetermined. This new approach allows, based on specific decisions, to identify the key figures and groups in the origination process of the Geneva protocols, and sheds light to the ensuing shifts in power.