Otmar Emminger

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Otmar Emminger
Born 2 March 1911
Augsburg
Died 3 August 1986 (aged 74)
Manila
Nationality German
Alma mater University of Munich
Occupation Economist
Years active 1940s –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.

Early life and education[edit]

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[edit]

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 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.[1] He was replaced by Pöhl in the post.[3]

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.[2] At the same time he published his memoirs.[5]

Death[edit]

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

Works[edit]

  • Die englischen Währungsexperimente der Nachkriegszeit-Währungsentwertung und Krisenüberwindung Dissertation, Munich 1934 (in: Weltwirtschaftliches Archiv 40 (1934), S. 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[edit]

  1. ^ a b c d e "Dr. Otmar Emminger". Deutsche Bundesbank. Retrieved 19 June 2013. 
  2. ^ a b c "Otmar Emminger †". Der Spiegel. 33. 11 August 1986. Retrieved 19 June 2013. 
  3. ^ a b c E. Owen Smith (1994). The German Economy. Taylor & Francis. p. 190. ISBN 978-0-415-06288-6. Retrieved 19 June 2013. 
  4. ^ John B. Goodman (1992). Monetary Sovereignty: The Politics of Central Banking in Western Europe. Ithaca, NY: Cornell University Press. p. 83.   – via Questia (subscription required)
  5. ^ Horst Ungerer (1997). A Concise History of European Monetary Integration: From EPU to EMU. Westport, CT: Quorum Books.   – via Questia (subscription required)
  6. ^ "Otmar Emminger, 75, West German Banker". The New York Times. Frankfurt. Reuters. 4 August 1986. Retrieved 19 June 2013. 
  7. ^ Herlt, Rudolf (8 August 1986). "Ein Leben für die Mark". Zeit. Retrieved 19 June 2013. 
  8. ^ Vortrag, gehalten im Schweizerischen Institit für Auslandsforschung am 26. Januar 1970, 20 p.
  9. ^ pdf