Mr. Heiner Flassbeck has served since 2006 as Director of the Division on Globalization and Development Strategies of the United Nations Conference on Trade and Development (UNCTAD). He is the principal author and the leader of the team preparing UNCTAD’s Trade and Development Report. The Trade and Development Report is the flagship annual publication of UNCTAD covering both recent and longer term issues in the world economy, with particular emphasis on the implications for developing countries.

Mr. Flassbeck is a member of international fora dealing with prospective development issues or with burning topics facing the world economy. He is a member of the Commission on the Measurement of Economic Performance and Social Progress, he participates in “The Shadow GN” meetings (chaired by Professor Joseph Stiglitz) and he is a guest speaker in many academic institutions. He is the author of numerous books and articles on macroeconomic issues, in particular on the current financial crisis and its impact on the real economy.

Prior to joining UNCTAD in 2000, Mr. Flassbeck worked with the German Council of Economic Experts, Wiesbaden between 1976 and 1980, followed by the Federal Ministry of Economics until January 1986. He was chief macroeconomist in the German Institute for Economic Research between 1988 and 1998, and State Secretary (Vice Minister) from October 1998 to April 1999 at the Federal Ministry of Finance responsible for international affairs, the European Union and IMF.

He graduated in April 1976 in economics from Saarland University, Germany and he obtained a Ph.D. in Economics from the Free University, Berlin, Germany in July 1987. In 2005 he was appointed honorary professor at the University of Hamburg.

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Article | Feb 22, 2016

Servaas Storm has conviction, yet his analysis throws the baby out with the bathwater.

Wage Moderation and Productivity in Europe

Article | Jan 28, 2016

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Featuring this expert

Rejoinder to Flassbeck and Lapavitsas

Article | Jan 28, 2016

It is high time to ditch this myth for at least the following five reasons.