| Extract from Heiner Flassbeck’s Lecture; Director of globalization and development strategies for the United Nations Conference on Trade and Development, UNCTAD, Düsseldorf Mar 7, 2012.
Long a supporter of Keynesian fiscal policies, Flassbeck supports wage increases in Germany to stimulate the domestic economy and in turn boost exports from struggling European countries. For the Full Lecture Visit: Helpful Charts and Documents Download: Q&A: VideoSource: |
Heiner Flassbeck (born 12 December 1950) is a German economist and public intellectual. From 1998 to 1999 he was a State Secretary in the German Federal Ministry of Finance (German: Bundesministerium der Finanzen) where he also advised former finance minister Oskar Lafontaine on a reform of the European Monetary System. He became the Chief of Macroeconomics and Development of the United Nations Conference on Trade and Development (UNCTAD) in Geneva in January 2003, a position that he held until resigning at the end of 2012 due to his age.
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