Hans-Werner Sinn is a renowned economist hailing from Germany specializing in the field of macroeconomics. He is perhaps best known for being the President of the Ifo Institute of Economic Research.
Sinn was born on 7th March, 1948, in Brake, Westphalia, Germany. Sinn started off at the University of Munster from where he completed his degree in economics between the years 1967 and 1972. He then opted to pursue his doctorate studies from the University of Mannheim in 1978. In 1983, he was honored with the esteemed academic qualification, venia legendi, from the university. In the following year, Sinn was recruited by the University of Munich, where he started off his teaching as full professor of economics. He had brief teaching stints at the University of Western Ontario in Canada, and also performed research for the London School of Economics, Stanford, and Princeton amongst other universities. Sinn has been an honorary professor at the University of Vienna since 1988, and lead a group of German economists, named Verein für Socialpolitik, from 1997 to 2000.
Sinn managed to become the President of the Ifo Institute of Economic Research in 1999. He was responsible for a mass number of changes which took place in the following period, helping the institute improve the quality of its work. The Leibniz Association, which overlooks research organizations financed by the state in Germany, lauded Sinn’s positive impact since becoming president, especially considering he did so at a critical stage. It claimed that not only had Sinn enhanced the research output of the institute, but transformed it in to one of Europe’s finest research institutes.
Hans-Werner Sinn’s stature as an economist has elevated as the years have progressed. Renowned German business newspaper listed him as fourth amongst the rank of economists across Germany in their 2006 survey. In another survey by Ursprung and Zimmer, he emerged as runner up only to Nobel Prize winner, `consistently raise a diverse range of critical issues pertaining economic significance, and he was shortlisted by The Independent in 2011 in their list of “ten people who changed the world”.
Sinn has been no stranger to accomplishments throughout his career. He has been a fellow of the National Bureau of Economic Research in Cambridge, Massachusetts, and was awarded presidency of the International Institute of Public Finance in 2006, a position he hanged on to for another three years. In 2008, he had the honor of being knighted with the Bavarian Maximilian Order for Science and Art. Sinn also became recipient of the Ludwig Erhard Prize in 2013, which was provided by the Ludwig-Erhard Foundation. In the same year he was hailed by the HHL Leipzig Graduate School of Management as well, which recognized him with an honorary doctorate.
Sinn’s achievements in the realm of publications stretch to around 85 scholarly articles. His book, “Can Germany be Saved?“, sold over a hundred thousand copies. It also paved the way for huge debate regarding policy matters in Germany and managed to influence the subsequent Agenda 2010 objectives. Sinn is also frequently seen appearing on television and radio shows.