Otmar Emminger

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.

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

Early life and education

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

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 a 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, and he was replaced by Pöhl in the post.^[1][3]

In July 1986, Emminger began to serve as an advisor to the Philippines Government (Corazon Aquino had become president in February 1986) on behalf of West Germany.^[2] Emminger published his memoirs.^[5]

Death

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

Works

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