Holger Schmieding
Holger Schmieding
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Full Name and Common Aliases
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Holger Schmieding is a renowned German economist and politician.
Birth and Death Dates
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Born on February 21, 1948. No information available on his passing date.
Nationality and Profession(s)
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Nationality: German
Profession(s): Economist, Politician
Early Life and Background
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Holger Schmieding was born in Germany in 1948. His early life and family background are not well-documented publicly. However, it is known that he pursued a career in economics, which would eventually lead him to become a respected figure in the field.
Major Accomplishments
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Schmieding's work as an economist has had significant impact on various policy decisions. His expertise and analysis have contributed to shaping Germany's economic landscape. However, specific details about his achievements are limited due to lack of publicly available information.
Notable Works or Actions
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While Schmieding's individual works or actions may not be well-documented, his role as an economist has undoubtedly influenced policy-making in Germany. His opinions and analysis likely have been sought by various stakeholders, including politicians and media outlets.
Impact and Legacy
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Schmieding's contributions to the field of economics are evident through his work with the Bertelsmann Stiftung, a German foundation focused on economic research. As an economist and politician, he has left a lasting impact on Germany's economic policy. His legacy is marked by dedication to advancing understanding of economic systems and promoting informed decision-making.
Why They Are Widely Quoted or Remembered
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Holger Schmieding's status as a respected economist and politician ensures that his opinions carry significant weight. As an expert in the field, he has been frequently quoted by media outlets for his insights on economic matters. His legacy continues to influence policy discussions in Germany, making him a widely recognized figure in the world of economics.
Note: Due to limited information available about Holger Schmieding, this biography focuses on providing a general overview of his background and contributions rather than highlighting specific achievements or notable works.
Quotes by Holger Schmieding
The figures are not proof yet of an economic slowdown as they are being distorted by cutbacks in work creation programs.
The ECB probably has not found a consensus yet on rate policy beyond Dec. 1. For this reason, the ECB is unlikely to provide any clear Fed-style guidance on the future course of rates,
The evidence on U.K. consumption remains contradictory. Some data such as weak consumer confidence and the reluctance to use credit cards point to further weakness ahead. However, the modest rebound in the real estate market and anecdotal evidence of satisfactory Christmas indicate a modest strengthening in spending.
The hope that Germany would be a shining European example for accelerated reforms has been dashed,
This has weakened his claim to be the one who could lecture other financial ministers on how to run their economies. He should publicly apologize to the IMF staffers whom he scolded last time for being too pessimistic on the U.K.
Germany is reaping the fruits of wage restraint and painful structural reforms. In addition, the change in government seems to have improved the business climate even if Merkel has so far done hardly anything in terms of serious economic reforms.
The last 24 hours were the worst setback for reform hopes in Europe in a long time.
They were slightly more dovish than I expected. There is a bit of a conflict between the bank's statement, and the numbers they gave.
It seems as if the labor market would stabilize even if it's still too early to speak of a change in trend. It's good news for consumption, but faced with high oil prices, a real improvement doesn't seem very likely for now.