Responsibilities 

It is essential for the government to receive specialist advice on a regular basis, especially because it is not possible to adequately address future challenges without a solid foundation in academic research. The Advisory Board to the Federal Ministry of Finance is an expert body that has repeatedly provided valuable ideas and proposals for Germany’s economic and fiscal policies over the last 70 years.

In its search for rational solutions, the Advisory Board sees itself as the academic “conscience” of the government – not least because of its independence, which is stipulated in its statutes. It has always been part of the board’s role, and still is today, to challenge policy-makers.

The papers produced by the Advisory Board cover a very wide range of issues, including German reunification, the European integration process, tax reform and prospects for budgetary consolidation, to name just a few examples. Against the backdrop of German and European unification, the Advisory Board developed important guidelines and reform proposals relating to the equalisation of Länder finances in Germany as well as the significance of the Maastricht criteria for federal and Länder debt limits.

In 2019, the Advisory Board to the Federal Ministry of Finance celebrated the 70th anniversary of its founding. The board advises the German finance minister in an independent capacity, with its members serving on a voluntary basis. It has a free hand when it comes to selecting the issues to focus on.

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Members

Current members of the Advisory Board (as of May 2021)

Prof Dr Marcel Thum (chairman)
Prof Jörg Rocholl, PhD (vice-chairman)
Prof Klaus Adam, PhDProf Dr Bernd Friedrich HuberProf Dr Wolfram F. RichterProf Dr Christian Waldhoff
Prof Dr Dieter BrümmerhoffProf Dr Martin JacobProf Dr Nadine RiedelProf Dr Alfons Weichenrieder
Prof Dr Thiess BüttnerProf Dr Wolfgang KittererProf Dr Kerstin RoederProf Dr Dietmar Wellisch
Prof Dr Lars P. FeldProf Dr Kai A. KonradProf Dr Ronnie SchöbProf Volker Wieland, PhD
Prof Dr Lutz FischerProf Dr Jan Pieter KrahnenProf Dr Almuth SchollProf Dr Berthold Wigger
Prof Dr Clemens FuestProf Dr Dominika LangenmayrProf Dr Ulrich SchreiberProf Dr Horst Zimmermann
Prof Dr Klaus Dirk HenkeProf Dr Alois OberhauserProf Dr Christoph Spengel
Prof Dr Joachim HennrichsProf Dr Andreas PeichlProf Dr Klaus Stern
Prof Dr Johanna HeyProf Dr Helga PollakProf Dr Christoph Trebesch

Contact person at the Federal Ministry of Finance

Anke Blümel
Phone: +49 3018/682-2627
Mail: beirat@bmf.bund.de

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Expert opinions and reports

All of the advisory board’s expert opinions and reports can be found on our German page.