Otmar Emminger (2 March 1911 – 3 August 1986) was a German economist who served as the president of the
Deutsche Bundesbank from 1977 to 1979.
Early life and education
Emminger was born in
Augsburg
Augsburg (; bar , Augschburg , links=https://en.wikipedia.org/wiki/Swabian_German , label=Swabian German, , ) is a city in Swabia, Bavaria, Germany, around west of Bavarian capital Munich. It is a university town and regional seat of the ...
on 2 March 1911.
In 1934, he received a PhD from
the University of Munich.
[
]
Career and activities
Emminger was a lecturer at his alma mater. He began to work at the Deutsche Bundesbank in October 1950.[ From 1 April 1953 to 31 December 1969 he was board member of the bank.][ In addition, he served as ]West Germany
West Germany is the colloquial term used to indicate the Federal Republic of Germany (FRG; german: Bundesrepublik Deutschland , BRD) between its formation on 23 May 1949 and the German reunification through the accession of East Germany on 3 O ...
's executive director at the International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
from 1953 to 1959.[ He was vice president of the bank from 1 January 1970 to 31 May 1977. He was appointed president of the bank on 1 June 1977, succeeding Karl Klasen in the post.] Karl Otto Pöhl became his deputy.[ Emminger's term lasted until 31 December 1979, and he was replaced by Pöhl in the post.][
In July 1986, he began to serve as an advisor to the Philippines Government ( Corazon Aquino had become president in February 1986) on behalf of West Germany.][ Emminger published his memoirs.
]
Death
Emminger died of a heart attack in Manila
Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populate ...
, the Philippines, at the age of 74 in August 1986.
Works
* ''Die englischen Währungsexperimente der Nachkriegszeit-Währungsentwertung und Krisenüberwindung'' Dissertation, Munich 1934 (in: Weltwirtschaftliches Archiv 40 (1934), pp. 270–325)
* ''Zwischenbilanz der DM-Aufwertung'' (1970)
* ''Inflation and the International Monetary System'' (1973)pdf
/ref>
* ''On the Way to a New International Monetary Order'' (1976)
* ''Verteidigung der DM. Plädoyers für stabiles Geld'', Frankfurt am Main 1980
* (autobiography) ''D-Mark, Dollar, Währungskrisen. Erinnerungen eines ehemaligen Bundesbankpräsidenten'', Deutsche Verlags-Anstalt, 1986, .
References
External links
{{DEFAULTSORT:Emminger, Otmar
20th-century German economists
1911 births
1986 deaths
Businesspeople from Augsburg
Ludwig Maximilian University of Munich alumni
Academic staff of the Ludwig Maximilian University of Munich
Presidents of the Deutsche Bundesbank
Grand Crosses 1st class of the Order of Merit of the Federal Republic of Germany