Business Monika Schnitzer is supposed to become an “economy”

Monika Schnitzer is supposed to become an “economy”

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Dhe Munich-based competition economist Monika Schnitzer is expected to move into the expert council to assess the overall economic development. As the F.A.Z. learned from informed circles, Schnitzer should fill one of the two vacant positions that have opened up in the Council of Experts. Isabel Schnabel, the only woman among the “business practices”, switched to the European Central Bank as director at the beginning of the year. Council chairman Christoph Schmidt resigns in March after two terms.

The second item is according to the F.A.Z. not yet occupied. If it had been up to the federal government, the choice would have gone to Frankfurt professor Nicola Fuchs-Schündeln. As the F.A.Z. learned, however, has finally canceled on Wednesday despite another request. The Federal Ministry of Economics did not want to comment on the personal details. The five members of the body are usually appointed for five years by the Federal President on a proposal from the Federal Government. The council itself is heard, but has no right of veto.

The Council of Experts for the Assessment of Macroeconomic Development, which was launched in 1963, prepares an expert opinion once a year, which the Federal Government comments on in its annual economic report. Schnitzer has long been considered a candidate for the committee. When Claudia Buch left the council in 2014, her name was already highly valued. At that time, however, the choice fell on Isabel Schnabel, who as a specialist in financial markets had a profile similar to that of Buch.

Very appreciated by colleagues

Schnitzer studied economics in Cologne, received his doctorate in Bonn and has held the chair for comparative economic research at the Ludwig Maximilians University in Munich since 1996. Her research focuses on contract theory and competition law. The 58-year-old economist is no stranger to political advice: she has been a member of the scientific advisory board of the Ministry of Economic Affairs since 2001 and advised the German government on research and innovation between 2011 and 2019. Since 2018, she has also advised the Ministry of Economic Affairs on competition law issues.

Schnitzer is also highly valued among colleagues: In 2015 and 2016, she was the first woman to lead the "Association for Social Policy", the largest association of economists in the German-speaking world. In addition, she gained international experience during research stays at the American universities Stanford, Yale, Berkeley and Harvard. Schnitzer himself did not want to confirm her appointment on request.

. (tagsToTranslate) Monika Schnitzer (t) Isabel Schnabel (t) Christoph Schmidt (t) Claudia Buch (t) Nicola Fuchs-Schündeln (t) Federal Government (t) Expert Council for the Assessment of Macroeconomic Development

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