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New advisory group: Experts advise the government on economic policy!
On September 4, 2025, Minister Katherina Reiche will appoint an advisory group on economic policy that brings together decision-makers from science and industry.
New advisory group: Experts advise the government on economic policy!
On September 4, 2025, Federal Minister of Economics Katherina Reiche announced that she had set up an advisory group on the market economy and regulatory policy. The aim of this committee is to support the minister in revitalizing the growth forces and strengthening Germany's international competitiveness. This advisory group also includes Prof. Dr. Justus Haucap, director of the Düsseldorf Institute for Competition Economics (DICE) and professor at the Heinrich Heine University Düsseldorf, represented. His appointment is internationally recognized and reflects his significant contribution to evidence-based policy making, such as hhu.de reported.
In addition to Haucap, the advisory group also includes Prof. Dr. Veronika Grimm from the Technical University of Nuremberg, Prof. Dr. Stephan Kolev from the Ludwig Erhard Forum in Berlin and Prof. Volker Wieland from the Goethe University Frankfurt. These scientists work on a voluntary basis and support the minister in the development and implementation of political concepts. Your commitment should help to create a clear regulatory framework that ensures greater innovative strength, as stated in the press releases of the Federal Ministry of Economics is highlighted.
Tasks and goals of the advisory group
The advisory group will deal with central topics in the economic policy discussion, particularly in the areas of energy, competition and finance as well as regulatory policy issues. This includes the development of contemporary scientific concepts to support effective economic policy that takes into account both regulatory principles and empirical evidence. Empirical economic research plays an essential role in modern economic policy that is based on facts and data to develop future-oriented solutions, such as bundeswirtschaftsministerium.de makes clear.
Prof. Haucap will particularly use his expertise to promote entrepreneurship and competition. This means that the advisory group will also be an important platform for the German economy to identify relevant challenges and opportunities in international competition. His membership in the advisory group is not associated with a move to the Federal Ministry of Economics, and his teaching and research activities at DICE remain unaffected.
The academic background of the advisors
The members' biographies make it clear that they have extensive experience and expertise:
- Prof. Dr. Veronika Grimm: Professorin seit 2024, zuvor an der Friedrich-Alexander-Universität, Mitglied in verschiedenen Sachverständigenräten.
- Prof. Dr. Justus Haucap: Direktor des DICE seit 2009, war Vorsitzender der Monopolkommission von 2008 bis 2012, und gehört zu mehreren Beiräten.
- Prof. Dr. Stephan Kolev: Leiter des Ludwig-Erhard-Forums seit 2023, Professor für Wirtschaftspolitik seit 2012, mit Schwerpunkt auf Ordnungsökonomik.
- Prof. Volker Wieland: Stiftungsprofessor seit 2012, ehemaliger Direktor des Center for Financial Studies, Research Fellow am CEPR.
The cooperation in this advisory group makes a significant contribution to the development of evidence-based economic policy that is able to address challenging economic, social and ecological issues of the future.