OTMAR ISSING Otmar Issing

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1 OTMAR ISSING Center for Financial Studies Goethe University, Frankfurt D-60054, Mertonstr Frankfurt am Main, Germany Phone: +49 (0) Fax: +49 (0) ifk-cfs.de Otmar Issing is President of the Center for Financial Studies and has been granted the title of "Honorarprofessor" (Honorary Professor) of Frankfurt University in July Before that he was a member of the Executive Board of the European Central Bank (1998 to 2006) and the Executive Board of the Deutsche Bundesbank (1990 to 1998). From 1988 to 1990 Issing was a member of the Council of Experts for the Assessment of Overall Economic Trends at the German Federal Ministry of Economics. Issing held full professorships at the University of Würzburg - Chair of Economics, Monetary Affairs and International Economic Relations - from 1973 to 1990 and at the University of Erlangen, Nuremberg - Faculty of Economics and Social Sciences - from 1967 to 1973, where he also was the Director of the Institute for International Economic Relations at this time. He obtained his doctorate degree in 1961 and habilitation in 1965 at the University of Wuerzburg. Otmar Issing was distinguished with several honorary degrees and awards, such as the International Prize of the Friedrich-August-Hayek Foundation in 2003, the honorary doctorate awarded by the Faculty of Economic Sciences of Frankfurt University in 1999, the honorary doctorate awarded by the Faculty of Economic Sciences and Statistics of the University of Constance in 1998, the honorary doctorate awarded by the Faculty of Law and Economic Sciences of the University of Bayreuth in 1996 and since 1991 he helds a honorary professorship at the University of Würzburg. Issing is a full member of Akademie der Wissenschaften und der Literatur (Academy of Sciences and Literature), the Academia Scientiarum et Artium Europaea (European Academy of Sciences and Arts), the board of trustees of ifo Institute (Munich), the American Economic Association, the Association for Economic and Social Sciences et al. In different periods, he was an active member of the governance bodies of several other economic research institutions, among them: Walter Eucken Institute, CERP, Ludwig Boerne

2 Foundation, Institute for Banking-related Historical Research, Institute for Global Economics (University of Kiel), International Center for Monetary and Banking Studies (Geneva), Center for European Integration Studies (ZEI). Otmar Issing has published numerous books and articles, including: "Einführung in die Geldtheorie" (Introduction to monetary theory), 13 th edition, 2003 and 6 th edition, 1996; "Monetary Policy in the Euro area - Strategy and Decision-Making at the European Central Bank" (2001) (with V. Gaspar, I. Angeloni, O. Tristani). He was co-founder (1972) and co-editor ( ) of the scientific journal "WiSt" (Wirtschaftswissenschaftliches Studium, Zeitschrift für Ausbildung und Hochschulkontakt - Economic Studies, Journal for Education and University Contacts).

3 CURRICULIM VITAE OTMAR ISSING Current Affiliation: Past Positions: Education: President of the Center for Financial Studies (CFS) since Research assistant at the Institute of Economics and Social Sciences, University of Würzburg 1961 Doctorate in Economics at the Faculty of Law and Economics of the University of Würzburg on "Problems of business cycle policy, given fixed exchange rates and free convertibility, using the EEC as an example" Habilitation at the Faculty of Law and Economics of the University of Würzburg; venia legendi for economic theory and economic policy. Thesis: "Key currencies and the international monetary system" Full professorship at the Faculty of Economics and Social Sciences of the University of Erlangen-Nuremberg; Director of the Institute for International Economic Relations Full professorship at the University of Würzburg; Chair of Economics, Monetary Affairs and International Economic Relations Member of the Council of Experts for the Assessment of Overall Economic Trends at the German Federal Ministry of Economics Member of the Board of the Deutsche Bundesbank Member of the Executive Board of the European Central Bank 1954 Grammar school leaving certificate (Abitur) from the Humanistisches Gymnasium, Würzburg Studies in classical philology at the University of Würzburg Studies in Economics at the University of Würzburg; temporary studies in London and Paris 1960 University degree in Economics

4 Other Activities: Research Honors and Awards: Membership in academic and professional bodies Verein für Socialpolitik (Association for Economic and Social Sciences) American Economic Association List Gesellschaft (List Society) Arbeitskreis Europäische Integration (Working Party on European Integration) Academia Scientiarum et Artium Europaea (European Academy of Sciences and Arts) Full member of the Akademie der Wissenschaften und der Literatur (Academy of Sciences and Literature) (corresponding member from 1989 to 1991) Walter Eucken Institute Kuratorium of ifo Institute, Munich since 1991 Honorary professorship at the University of Würzburg 1996 Honorary doctorate awarded by the Faculty of Law and Economic Sciences of the University of Bayreuth 1998 Honorary doctorate awarded by the Faculty of Economic Sciences and Statistics of the University of Constance 1999 Honorary doctorate awarded by the Faculty of Economic Sciences of the University of Frankfurt 2003 International Prize Friedrich-August-Hayek Foundation 2007 Honorary professorship at the University of Frankfurt Publications: Numerous books and articles, including: "Einführung in die Geldtheorie" (Introduction to monetary theory), thirteenth edition, 2003 "Monetary Policy in the Euro Area Strategy and Decision-Making at the European Central Bank" (2001) (with V. Gaspar, I. Angeloni, O. Tristani) "Einführung in die Geldpolitik" (Introduction to monetary policy), sixth edition, 1996 Co-founder (1972) and co-editor ( ) of the scientific journal "WiSt" (Wirtschaftswissenschaftliches Studium, Zeitschrift für Ausbildung und Hochschulkontakt - Economic Studies, Journal for Education and University Contacts)

5 Other posts Lecturer at the University of Würzburg Temporary professorship at the University of Marburg Temporary professorship at the Faculty of Economics and Social Sciences of the University of Erlangen-Nuremberg Dean of the Nuremberg Faculty; temporary professorship from 1973 to Member of the Appointments Committee responsible for Law and Economics at the newly established University of Bayreut Chairman of the Economic Policy Committee of the Verein für Socialpolitik (Association for Economic and Social Sciences) Chairman of the Committee responsible for the academic preparations for the 1980 Annual Meeting of the Verein für Socialpolitik since 1980 Economic Advisory Council at the German Federal Ministry of Economics (currently dormant); Deputy Chairman from 1987 to Visiting scholar at The University of Michigan, Ann Arbor, United States (February - March) 1983 Call to take the Chair of International Economics at the University of Constance Member of the joint working group set up by the Council of the German Protestant Church and the German Episcopal Conference to draft a joint statement on "How can we behave responsibly toward Creation?" Special adviser to the Deutsche Forschungsgemeinschaft (German Research Association) in the field of economic policy 1984 Academic Director of the Second Colloquium of the Confederation of European Economic Associations on the subject of "disinflation" Member of the Senate of the University of Würzburg Dean of the Würzburg Faculty 1985 Visiting scholar at the International Monetary Fund, Washington, D.C. (September - October) Kronberger Kreis since 1991 Walter Eucken Institute ( Member of the Board) Member of the CEPR Executive Committee since 1992 Member of the CEPS International Advisory Council Member of the Board of the Ludwig Börne Foundation Member of the Inner Board of the Verein für Socialpolitik (Treasurer)

6 Member of the Supervisory Board of the Institute for Banking-related Historical Research Member of the Foundation Board of the International Center for Monetary and Banking Studies, Geneva Academic Advisory Council at the Institute for Global Economics of the University of Kiel 1997 Founding member of the Advisory Board of International Finance International Board of the Center for European Integration Studies (ZEI) Board and Committee of the Center for Financial Studies Board and Committee of "Gesellschaft für Kapitalmarktforschung e.v. Kuratorium of ifo Institute, Munich