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Professor of International and Development Finance

Personal Details

Adalbert Winkler, born in 1962, studied economics at the University of Trier and at Clark University, Worcester, Mass. He holds a Ph.D. from Trier University and a post-doc (“Habilitation”) from the Bayerische Julius-Maximilians University of Würzburg. Adalbert held lectureships at Frankfurt’s Goethe University, at Chemnitz University of Technology (Commerzbank Visiting Professor) and served for more than ten years as (senior) lecturer at the Bayerische Julius-Maximilians University of Würzburg.

Before joining Frankfurt School of Finance & Management, Adalbert has been pursuing a career in development finance and central banking. From 1994 to 2001, he headed the Economics Department at Internationale Projekt Consult (IPC GmbH), Frankfurt, a leading consulting company in development finance. On behalf of bilateral and international financial institutions, like the European Bank for Reconstruction and Development, the Inter­national Finance Corporation and Kreditanstalt für Wiederaufbau he prepared financial sector studies on various transition countries in central, eastern and south-eastern Europe and provided recommendations on options for the promotion of micro and small enterprises through financial sector development measures. These recommendations led, for example, to the establishment of various microfinance banks in the region.

In 2001 Adalbert joined the European Central Bank (ECB). At the ECB’s Directorate General International and European Relations, from 2004 to 2007 as Deputy Head of Division, he was in charge of monitoring and analysing economic developments in the countries neighbouring the EU, the ECB’s relations to the central banks of the region as well as the annual review on the international role of the euro. In the first half of 2008 he served as an advisor on issues related to developments in the global monetary system and financial globalization at the International Department of Deutsche Bundesbank.
Reflecting his professional career, Adalbert’s research interests and publications have been focusing on financial development and growth, development and microfinance as well as monetary policy and financial stability challenges in emerging markets, the international role of currencies and developments in the global monetary system.

Office hours

during the semester:

Wednesday 1:30pm until 3:00pm on appointment




Javier Dario Estacio Burbano
Department Assistant


Scholarly journal articles / Journal articles

Working papers

Monographs / Contributions to edited volumes


Title Programme Semester
Macro- & Monetary Economics Master Winter