Centrum Für Europäische Politik
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Centrum Für Europäische Politik
The Centre for European Policy (German: ''cep , Centrum für Europäische Politik'' ) (cep) is a German think tank whose task it is to evaluate the European Union's draft laws and legislation on the basis of ordoliberal free market criteria. Established in 2006 under the umbrella of the Stiftung Ordnungspolitik foundation, the cep is based in Freiburg. It is headed by Lüder Gerken, chairman of the executive board of the Stiftung Ordnungspolitik and the Friedrich-August-von-Hayek Foundation. Members of the board of trustees include Roman Herzog, Leszek Balcerowicz, Frits Bolkestein, Udo Di Fabio, Jürgen Stark, Holger Steltzner and Hans Tietmeyer. Aims and objectives cep works at the interface between science, politics and the public, and its aim is to consolidate, at EU level, policy which orients itself towards freedom and a free market economy while reducing regulation and red-tape to a minimum. As a centre of expertise, cep builds a bridge between EU politics and public aw ...
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Centre For European Policy Studies
The Centre for European Policy Studies (CEPS) is a think tank based in Brussels, Belgium that undertakes research "leading to solutions to the challenges facing Europe today". It was established in 1983. Organisation CEPS is a leading think tank and forum for debate on EU affairs with an exceptional in-house research capacity and extensive network of partner institutes. It provides an independent platform for exchange and offer potential solutions for EU policymaking through research projects and publications, task forces and regular events and workshops. At CEPS, researchers provide expert insights and policy analysis across a vast array of policy areas: from economy and finance to better regulation, the digital economy and trade, energy and climate issues, to foreign policy, amongst others. The think tank receives its funding from a variety of sources, including corporate and institutional membership fees, research projects, foundation grants and conference fees. It was esta ...
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Hans Tietmeyer
Hans Tietmeyer (18 August 1931 – 27 December 2016) was a German economist and regarded as one of the foremost experts on international financial matters. He was president of Deutsche Bundesbank from 1993 until 1999 and remained afterwards one of the most important figures in finance of the European Union. Early life Hans Tietmeyer was born on 18 August 1931 as the second of 11 children of a Roman Catholic family in Metelen (Westphalia). He graduated from Gymnasium Paulinum and initially studied Roman Catholic theology before switching to economics at the University of Münster, University of Bonn and University of Cologne. Following an academic background of Alfred Müller-Armack and Ludwig Erhard he moved into international banking and economics. At the same time, he became expert at table tennis, winning medals at national championships. Career In 1962 Tietmeyer started his career in the Federal Ministry of Economics. As a close aide of economics minister Otto Graf Lambsdorf ...
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Clemens Fuest
Clemens Fuest (born 23 August 1968) is a German economist who has been President of the Ifo Institute for Economic Research and director of the Center for Economic Studies at the University of Munich (LMU) since 2016. Career Between 2008 and 2013, Fuest was a professor of business taxation at the University of Oxford and Research Director of the Oxford University Centre for Business Taxation, which is part of the Saïd Business School. In 2008, he served as a member of the Independent Expert Group to the Commission on Scottish Devolution. He was member and chairman of the Council of Economic Advisors at the German Federal Ministry of Finance. From March 2013 Fuest served as President of the Centre for European Economic Research (ZEW) in Mannheim and professor at the University of Mannheim. Since 2013, he has also been serving on the advisory board of the Stability Council, a body devised as part of Germany’s national implementation of the European Fiscal Compact. That same ...
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ...
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Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Ludwig Erhard
Ludwig Wilhelm Erhard (; 4 February 1897 – 5 May 1977) was a German politician affiliated with the Christian Democratic Union (CDU), and chancellor of West Germany from 1963 until 1966. He is known for leading the West German postwar economic reforms and economic recovery (''Wirtschaftswunder'', German for "economic miracle") in his role as Minister of Economic Affairs under Chancellor Konrad Adenauer from 1949 to 1963. During that period he promoted the concept of the social market economy (''soziale Marktwirtschaft''), on which Germany's economic policy in the 21st century continues to be based. In his tenure as Chancellor, however, Erhard lacked support from Adenauer, who remained chairman of the party until 1966, and failed to win the public's confidence in his handling of a budget deficit and his direction of foreign policy. His popularity waned, and he resigned his chancellorship on 30 November 1966. Early life Ludwig Erhard was born in Fürth, Kingdom of Bavaria on 4 Fe ...
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Friedrich August Von Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and worke ...
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Walter Eucken
Walter Eucken (; 17 January 1891 – 20 March 1950) was a German economist of the Freiburg school and father of ordoliberalism. He is closely linked with the development of the concept of "social market economy". Early life Walter Eucken was born on 17 January 1891 in Jena in Saxe-Weimar-Eisenach (present-day Thuringia), as son of the philosopher Rudolf Eucken (1846–1926), who won the 1908 Nobel Prize in Literature and his wife, Irene (1863–1941, née Passow), a painter. Walter had one sister and one brother, the chemist/physicist Arnold Eucken. Walter grew up in an intellectually stimulating environment. His father was one of the most influential philosophers of the German Empire and read Aristotle with his sons in the original. Visitors to the family villa included Stefan George, Hugo von Hofmannsthal, Ernst Ludwig Kirchner, Edvard Munch and Ferdinand Hodler. Walter Eucken studied ''Nationalökonomie'' (economics) at Kiel, Bonn and Jena and was awarded his doctorate at Bonn ...
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Freiburg School
__notoc__ The Freiburg school (german: Freiburger Schule) is a school of economic thought founded in the 1930s at the University of Freiburg. It builds somewhat on the earlier historical school of economics but stresses that only some forms of competition are good, while others may require oversight. This is considered a lawful and legitimate role of government in a democracy in the Freiburg School. The School provided the economic theoretical elements of ordoliberalism and the social market economy in post-war Germany. The Freiburg school of economics was called 'neoliberalism' until Anglo-American scholars reappropriated the term. Adherents * Franz BöhmBlumenberg-Lampe, Christine (2004). "Franz Böhm." Christliche Demokraten gegen Hitler: Aus Verfolgung und Widerstand zur Union. Ed. Buchstab, Günter; Kaff, Brigitte; Kleinmann, Hans-Otto. Freiburg, Germany: Herder, 2004. 108. Print. * Juergen B. Donges * Ludwig Erhard * Walter Eucken * Edith Eucken-Erdsiek * Andreas Freytag ...
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Jürgen Stark
Jürgen Stark (born 31 May 1948 in Gau-Odernheim, Germany) is a German economist who served as a member of the Executive Board of the European Central Bank from 2006 to 2011 and concurrently as ECB chief economist. Within the Executive Board, he was responsible for Economics and for Monetary Analysis and resigned before expiration of his term in opposition to ECB's bond-buying programme. Early life and education Stark grew up in Rhineland-Palatinate. His father owned a vineyard in Gau-Odernheim in the Rheinhessen wine region. Stark, the second son, considered continuing in the family business. He studied economics at the University of Hohenheim and University of Tübingen, both near Stuttgart, from 1968 to 1973. During that time, he told an interviewer he participated in protests including against the Vietnam War: “We all, more or less at one point or time or another, had revolutionary ideas about what was just. But this was an episode that came to an end with the end of my stu ...
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Think Tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within government or are associated with particular political parties, businesses or the military. Think-tank funding often includes a combination of donations from very wealthy people and those not so wealthy, with many also accepting government grants. Think tanks publish articles and studies, and even draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of th ...
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