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German Council of Economic Experts
The German Council of Economic Experts or ドイツ語:Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung is a group of economists set up in 1963 to evaluate economic policies of the German government. Every year the Council prepares an annual report which is published before or by November 15. The federal government has to publish its comments and conclusions within eight weeks of the publication of the annual report. In the media, the council is often referred to as the Five Sages of Economy ("Fünf Wirtschaftsweisen"), or the "wise men".
The Council has five members which are nominated by the federal government and appointed by the president of Germany.
Current members of the council are:〔(About us > Council Members ), GCEE webpage. Retrieved 2015-07-26.〕
*Christoph M. Schmidt (since March 2009, and since March 2013 chairman)
*Peter Bofinger (since March 2004)
*Lars Feld (since March 2011)
*Isabel Schnabel (since March 2014)
*Volker Wieland (since March 2013)
==Notable proposals==
In 2011, the GCEE proposed a plan for the issuance of collectivized European debt as part of a mechanism for contending with the European sovereign debt crisis.〔Delamaide, Darrell, ("Last chance to avoid nasty euro train wreck" ), ''MarketWatch'', April 12, 2012. Retrieved 2012-04-12.〕〔("The European Redemption Pact (ERP) – Questions and Answers" ), GCEE, 25.01.2012. Retrieved 2012-04-12.〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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