Marcel Fratzscher
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Marcel Fratzscher
Marcel Fratzscher (born January 25, 1971) is a German economist and professor at Humboldt-University of Berlin. Since February 2013 he has been president of the Berlin-based economic research institute DIW Berlin. He was previously head of International Policy Analysis at the European Central Bank. He also teaches International Finance in the Ph.D. programme in Economics at Goethe University Frankfurt. Education Fratzscher holds a Vordiplom degree from the University of Kiel, a Bachelor of Arts in Philosophy, Politics and Economics from Trinity College, Oxford, a Master of Public Policy from Harvard University's John F. Kennedy School of Government, and a Doctor of Philosophy from the European University Institute in Florence, Italy. During the 1997 Asian Financial Crisis, Fratzscher coincidentally worked at the Harvard Center for International Development in Jakarta, Indonesia giving him a close up view of a country affected by the crisis. Career His field of interests include ...
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Bonn
The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ruhr region, Germany's largest metropolitan area, with over 11 million inhabitants. It is a university city and the birthplace of Ludwig van Beethoven. Founded in the 1st century BC as a Roman settlement in the province Germania Inferior, Bonn is one of Germany's oldest cities. It was the capital city of the Electorate of Cologne from 1597 to 1794, and residence of the Archbishops and Prince-electors of Cologne. From 1949 to 1990, Bonn was the capital of West Germany, and Germany's present constitution, the Basic Law, was declared in the city in 1949. The era when Bonn served as the capital of West Germany is referred to by historians as the Bonn Republic. From 1990 to 1999, Bonn served as the seat of government – but no longer capital – ...
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University Of Kiel
Kiel University, officially the Christian-Albrecht University of Kiel, (german: Christian-Albrechts-Universität zu Kiel, abbreviated CAU, known informally as Christiana Albertina) is a university in the city of Kiel, Germany. It was founded in 1665 as the ''Academia Holsatorum Chiloniensis'' by Christian Albert, Duke of Holstein-Gottorp and has approximately 27,000 students today. Kiel University is the largest, oldest, and most prestigious in the state of Schleswig-Holstein. Until 1864/66 it was not only the northernmost university in Germany but at the same time the 2nd largest university of Denmark. Faculty, alumni, and researchers of the Kiel University have won 12 Nobel Prizes. Kiel University has been a member of the German Universities Excellence Initiative since 2006. The Cluster of Excellence The Future Ocean, which was established in cooperation with the GEOMAR Helmholtz Centre for Ocean Research Kiel in 2006, is internationally recognized. The second Cluster of Excel ...
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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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Henrik Enderlein
Henrik Enderlein (13 September 1974 – 28 May 2021) was a German economist and political scientist. He was president and professor of political economy at the Hertie School in Berlin and founding director of the Jacques Delors Centre at the Hertie School. He held degrees from Sciences Po, Columbia University and earned his PhD at the Max Planck Institute for the Study of Societies. From 2001 to 2003, he worked as an economist at the European Central Bank. He held visiting professorships at Harvard Kennedy School (Chair Pierre Keller, 2012–2013) and at Duke University (Chair Fulbright, 2006–2007). Life and career Enderlein spent his childhood in Tübingen, a town in the German State of Baden-Württemberg. He studied Political Science and Economics at Sciences Po in Paris. He then started a doctoral fellowship at Columbia University in New York from 1998 to 1999, where he earned an M.A. From 1999 to 2001 he became a researcher at the Max Planck Institute for the Study of Socie ...
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Federal Ministry For Economic Affairs And Energy
The Federal Ministry for Economic Affairs and Climate Action (german: Bundesministerium für Wirtschaft und Klimaschutz, ), abbreviated BMWK (was BMWi), is a cabinet-level ministry of the Federal Republic of Germany. It was previously known as the "Ministry of Economy". It was recreated in 2005 as "Ministry of Economics and Technology" after it had previously been merged with other ministries to form the Federal Ministry for Economics and Labour between 2002 and 2005. The ministry is advised by the Council of Advisors on Digital Economy. History The historical predecessor of the current Federal Ministry for Economic Affairs and Climate Action was the ''Reichswirtschaftsamt'' (Reich Economic Office), founded in 1917. In 1919, this became the ''Reichswirtschaftsministerium'' (Reich Ministry of Economy), which existed until 1945. In postwar occupied Germany, its functions were exercised by the Administrative Office of Economy (german: Verwaltungsamt für Wirtschaft) between 1946 ...
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Monetary Economics
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History The foundational conce ...
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Macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and government spending to regulate an economy's growth and stability. This includes regional, national, and global economies. According to a 2018 assessment by economists Emi Nakamura and Jón Steinsson, economic "evidence regarding the consequences of different macroeconomic policies is still highly imperfect and open to serious criticism." Macroeconomists study topics such as Gross domestic product, GDP (Gross Domestic Product), unemployment (including Unemployment#Measurement, unemployment rates), national income, price index, price indices, output (economics), output, Consumption (economics), consumption, inflation, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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Jakarta
Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta is the largest city in Southeast Asia and serves as the diplomatic capital of ASEAN. The city is the economic, cultural, and political centre of Indonesia. It possesses a province-level status and has a population of 10,609,681 as of mid 2021.Badan Pusat Statistik, Jakarta, 2022. Although Jakarta extends over only , and thus has the smallest area of any Indonesian province, its metropolitan area covers , which includes the satellite cities Bogor, Depok, Tangerang, South Tangerang, and Bekasi, and has an estimated population of 35 million , making it the largest urban area in Indonesia and the second-largest in the world (after Tokyo). Jakarta ranks first among the Indonesian provinces in human development index. Jakarta's busin ...
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Center For International Development
The Harvard Kennedy School (HKS), officially the John F. Kennedy School of Government, is the school of public policy and government of Harvard University in Cambridge, Massachusetts. The school offers master's degrees in public policy, public administration, and international development, four doctoral degrees, and many executive education programs. It conducts research in subjects relating to politics, government, international affairs, and economics. As of 2021, HKS had an endowment of $1.7 billion. The School is a member of the Association of Professional Schools of International Affairs (APSIA), a global consortium of schools that trains leaders in international affairs. The School's primary campus is located on John F. Kennedy Street in Cambridge. The main buildings overlook the Charles River and are southwest of Harvard Yard and Harvard Square, on the site of a former MBTA Red Line trainyard. The School is adjacent to the public riverfront John F. Kennedy Memorial Par ...
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1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ...
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