Claudia Maria Buch
Claudia Maria Buch ( Claudia - Maria Buch, * March 1966 in Paderborn ) is a German economist, professor at the Otto -von- Guericke- University Magdeburg, President of the Institute for Economic Research and a member of the Advisory Council on the Assessment of Overall Economic Development (" economy "). Book was until May 2013 a professor at the University of Tübingen and Scientific Director of the Institute for Applied Economic Research; she was from 2008 to 2012 chairman of the Scientific Advisory Council to the Federal Ministry of Economics and Technology. Her research focuses on the regulation and supervision of banks.
She is Vice-President designate of the Deutsche Bundesbank in succession by Sabine Lautenschlager - Peery.
Life
Book attended high school Theodorianum in Paderborn and then studied from 1985 to 1991 at the University of Bonn economics and graduated with a diploma in economics and during this 1988 to 1989 at the University of Wisconsin at Eau Claire, graduating with a MBA. 1991-1992 she completed the Advanced Studies Program in International Economic Policy Research at the Institute for the World Economy. From 1992, she was there in the research group " financial markets " worked as a research assistant in the research group " Central and Eastern Europe," from 1996. She received her doctorate in 1996 at the Christian -Albrechts -University of Kiel and habilitated in 2002. From 2001 to 2003 she was at the Kiel Institute Director of the Research Centre " financial markets ". In 2004 she took over the Chair of Economic Theory, especially money and currency, at the Eberhard Karls University of Tübingen in 2005 and also director of the Institute for Applied Economic Research. Since 2004 it belongs to the Scientific Advisory Council to the Federal Ministry of Economics to, from 2008 to 2012 as chairman. Book is since 2007 Research Professor of the Centre for European Economic Research in Mannheim. In 2011 she was appointed to the Scientific Advisory Board of the European Systemic Risk Board. 2013 she became a professor of economics at the Otto -von- Guericke- University Magdeburg and moved at the same time at the top of the IWH. In February 2014, the Federal Government decided to leave book to the Executive Board of the Deutsche Bundesbank and thus particularly Vice - President of the German Central Bank.
Membership of the Advisory Council on the Assessment of Overall Economic Development
At the suggestion of Economics Minister Philipp Rösler, the German government decided in February 2012 to appoint book March 1, 2012 in the Council of Economic Experts. Book is the successor to Beatrice Weder di Mauro and the second woman, who belongs to the Advisory Council since its founding in 1963. Weder di Mauro resigned at the end of February 2012 from the council because she was nominated for the Board of the Swiss bank UBS and wanted to avoid a conflict of interest. The subsequent term of office runs until the end of February 2017.
Positions
Book advocates that banks increase their capital and they should be oriented to the capital ratios by industry. In the European debt crisis, it takes the position that the creditors should be more involved. In the permanent euro bailout fund ESM she sees (as of July 2012), only an emergency instrument; the ESM could be too small. Only the ECB or a redemption pact would end the crisis.