Otmar_Emminger

Otmar Emminger

Otmar Emminger

German economist (1911–1986)

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.

Quick Facts Born, Died ...

Early life and education

Emminger was born in Augsburg on 2 March 1911.[1] In 1934, he received a PhD from the University of Munich.[1]

Career and activities

Emminger was a lecturer at his alma mater.[2] He began to work at the Deutsche Bundesbank in October 1950.[1] From 1 April 1953 to 31 December 1969 he was a board member of the bank.[1] In addition, he served as West Germany's executive director at the International Monetary Fund from 1953 to 1959.[2] 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.[3][4] Karl Otto Pöhl became his deputy.[3] Emminger's term lasted until 31 December 1979, and he was replaced by Pöhl in the post.[1][3]

In July 1986, Emminger began to serve as an advisor to the Philippines Government (Corazon Aquino had become president in February 1986) on behalf of West Germany.[2] Emminger published his memoirs.[5]

Death

Emminger died of a heart attack in Manila, the Philippines, at the age of 74 in August 1986.[6][7]

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)[8]
  • Inflation and the International Monetary System (1973)[9]
  • 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, ISBN 3-421-06333-8.

References

  1. [1]
    "Dr. Otmar Emminger". Deutsche Bundesbank. Retrieved 19 June 2013.
  2. [2]
    "Otmar Emminger †". Der Spiegel (in German). No. 33. 11 August 1986.
  3. [3]
    E. Owen Smith (1994). The German Economy. London: Routledge. p. 190. ISBN 978-0-415-06288-6.
  4. [4]
    John B. Goodman (1992). Monetary Sovereignty: The Politics of Central Banking in Western Europe. Ithaca, NY: Cornell University Press. p. 83. doi:10.7591/9781501736704-fm. ISBN 978-0801480133. S2CID 242651576.
  5. [5]
    Horst Ungerer (1997). A Concise History of European Monetary Integration: From EPU to EMU. Westport, CT: Quorum Books. ASIN B001FB64P8.
  6. [6]
    "Otmar Emminger, 75, West German Banker". The New York Times. Frankfurt. Reuters. 4 August 1986. Retrieved 19 June 2013.
  7. [7]
    Rudolf Herlt (8 August 1986). "Ein Leben für die Mark". Die Zeit (in German). Retrieved 19 June 2013.
  8. [8]
    Vortrag, gehalten im Schweizerischen Institut für Auslandsforschung 26 January 1970, p.20
  9. [9]
    "Lecture by Emminger. Inflation and the International Monetary System" (PDF). documentcloud.org. 16 June 1973. Retrieved 25 February 2024.
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