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Under Ramek's government, the Schilling became the official Austrian currency in 1925, after a hyperinflation period of the old Austrian krone in the early 1920s. The supervision of the country's finances by a League of Nations Commissioner finished the next year, however, the depression continued and unemployment figures were rising. Ramek finally resigned during the crisis around the state-owned Österreichische Postsparkasse postal savings bank on 20 October 1926, again succeeded by Ignaz Seipel.
Upon the 1930 legislative election, Ramek became vice president of the National Council parliament. Together with the other members of the chairmanship, Karl Renner and Sepp Straffner, he resigned on 4 March 1933 after a quarrel over voting irregularities, giving Chancellor Engelbert Dollfuss the opportunity to prevent any further meetings of the legislature. After the Social Democratic February Uprising of 1934 was crushed, Ramek on 30 April reconvened the assembly, only to adopt the imposed May Constitution of the Federal State of Austria, whereby the National Council was abolished.
Ramek died in Vienna and was buried in the Salzburg Municipal Cemetery.