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The Society for the Advancement of Research in Public Finance

The Society for the Advancement of Research in Public Finance (Gesellschaft zur Förderung der finanzwissenschaftlichen Forschung e. V.) is a public-benefit association based in Cologne. The Society’s main task is to promote research in various fields of public finance and public sector economics. In particular it supports the operations of FiFo Institute for Public Economics, University of Cologne. The Society also serves as the legal subject and financial agent of FiFo.

The financial and managerial support received via the Society is of vital importance for FiFo’s work – after all, a 'non-profit' research institution that relied entirely on market-financed, short-term projects would have no backing for ‘free’ research of public finance in the public interest. Combined with the variety of changing clients in market-financed research, the Society’s assistance therefore guarantees FiFo’s independence and ensures that 'long-term' research programmes geared to rational public finance are maintained.

The Society currently has around thirty members, comprising private and public companies, professional and trade associations, town councils and individuals. The minimum membership fee is € 250 per year (individual members: € 50).

Dr. Michael Thöne is the Managing Director of the Society.

The board of the Society acutally consists of the following persons:


Advisory board

Dr. Stephan Articus
German Cities Council

Prof. Dr. Clemens Fuest

Bernd-Peter Bier
Bayer AG

Dr. Horst-Dieter Höppner
Institut "Finanzen und Steuern" e.V.

Dr. Ulrich Gröschel (Vorsitzender)
Sparkasse KölnBonn

Klaus Kubik
Gelsenwasser AG

RA Alfons Kühn
Federation of German Chambers of Industry and Commerce

Prof. (em.) Dr. Klaus Mackscheidt

Dr. Karl-Peter Schackmann-Fallis
Deutscher Sparkassen- und Giroverband e.V.

Dr. Johannes Neyses
Chancellor of the University of Cologne

RA Berthold Welling
Federation of German Industry