Helmut Schlesinger

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Helmut Schlesinger (1991)

Helmut Schlesinger (born September 4, 1924 in Penzberg ) was President of the Deutsche Bundesbank from 1991 to 1993 .

Training and military service

After attending secondary schools in Wasserburg am Inn and Augsburg , Schlesinger did military service with the mountain troops between 1943 and 1945 . At the end of the war he was a lieutenant in the reserve .

In 1946 he began to study economics at the Ludwig Maximilians University in Munich, which he graduated in 1948 with a degree in economics . With a dissertation on economic efficiency control in public administration, he was awarded a Dr. oec. PhD.

Bundesbank

500 DM signed by Schlesinger and Tietmeyer

In 1952, Schlesinger joined the economics and statistics department of what was then the Bank of German States as a consultant for national accounts . In 1956 he became head of the business cycle analysis and forecasting department, in 1964 head of the economics and statistics department and in 1972 a member of the board of directors of the Deutsche Bundesbank and chief economist.

In 1980 he became Vice President of the Deutsche Bundesbank, responsible for economics and statistics. In 1991 he succeeded Karl Otto Pöhl as President of the Bundesbank. Because of his age, his term of office was limited to 26 months from the start, as the usual age limit is 68.

Schlesinger was replaced in 1993 by Hans Tietmeyer .

His signature can be found on all DM bills printed between 1980 and 1993.

Others

During the euro crisis, Schlesinger was one of the first to point out the problem of the so-called Target 2 : Using this previously neglected clearing system, the Bundesbank has to grant other euro central banks loans, which are now growing rapidly.

In April 2012, Schlesinger spoke about the euro crisis and the Greek financial crisis in an interview . Among other things, he said:

“The ECB is currently not pursuing monetary policy in the narrower sense, but only anti-crisis policy. If it allocates 1,000 billion euros for three years at the same interest rate that it charges for eight days, it does so because one, two or three countries need it. "

Honors

Schlesinger holds an honorary doctorate from the Universities of Frankfurt (1981), Göttingen (1981) and St. Gallen (1993). In 2001 there was a public honor for the “golden” doctoral jubilee, University of Munich (2001).

literature

  • Karl Houses : Helmut Schlesinger - Exemplary on contemporary monetary and currency policy. In: Geldwertsicherung und Wirtschaftsstabil, Festschrift for Helmut Schlesinger, edited by N. Bub, D. Duwendag, R. Richter, 1989, pp. 9-27
  • Who's Who in Central Banking, 2002, Ed. by Hennessy and Y. Messenger, Helmut Schlesinger pp. 208-210, Central Banking Publication, 2001
  • George M. von Furstenberg, Michael K. Ulan, Learning from the World's Best Central Bankers, Schlesinger's Steady Honing of Germany's Anti-Inflation Resolve, pp.109-135, 1998

Web links

Commons : Helmut Schlesinger  - Collection of images, videos and audio files

Individual evidence

  1. ↑ http://www.schlesingerhelmut-prof.de/html/veroffnahmungen.html
  2. ↑ capital.de: "I did not expect bankruptcy" ( Memento of April 28, 2012 in the Internet Archive ). Interview with Schlesinger by Christian Schütte, April 19, 2012.
  3. ^ Bernhard Harms Medal. (No longer available online.) Ifw-kiel.de , archived from the original on April 13, 2014 ; Retrieved June 15, 2013 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.ifw-kiel.de
personal data
SURNAME Schlesinger, Helmut
BRIEF DESCRIPTION German banker, President of the Deutsche Bundesbank
DATE OF BIRTH September 4, 1924
PLACE OF BIRTH Penzberg