Markus Marterbauer

Markus Marterbauer
Marterbauer in 2025
Minister for Finance
Incumbent
Assumed office
3 March 2025
ChancellorChristian Stocker
Preceded byGunter Mayr
Personal details
Born (1965-02-26) 26 February 1965 (age 61)
Uppsala, Sweden
PartySocial Democratic

Markus Marterbauer (born 26 February 1965) is an Austrian economist and Minister for Finance in the government of Christian Stocker as a member of the SPÖ.[1]

Career

Born in Uppsala, Sweden, in 1965, Marterbauer grew up in Upper Austria. He did his Matura at the Gmunden grammar school before earning a diploma and a doctorate in economics from the Vienna University of Economics and Business (WU).[2][3] His dissertation was titled Macroeconomic policy in Europe : a postkeynesian view.

After several years as a university assistant at the Department of Economic Theory and Policy at the WU, Marterbauer became an economics consultant at the Austrian Institute of Economic Research (WIFO) in Vienna.[4] In 2000, he completed a research stay at the Department of Economics at York University in Toronto, Canada. He ran as a candidate for the SPÖ in the 2002 National Council elections - placed 63rd on the federal list and ninth on the Vienna state list - but was not elected.[5]

From 2011, Marterbauer served as head of the Department of Economics and Statistics at the Vienna Chamber of Labour. His numerous publications focus on Austria's budget development and fiscal policy, income policy and redistribution, macroeconomic issues, and social democratic economic policy. In addition to his role at the Chamber of Labour, he also teaches at both the WU and the University of Vienna.[6] A proponent of the Keynesian school, he advocates for active government intervention in the economy.[7]

On 3 March 2025, Marterbauer was appointed Minister for Finance, becoming the first SPÖ finance minister in 25 years.[8] He was widely regarded as the preferred candidate of SPÖ chairman Andreas Babler.[9] Known for championing socially equitable economic policies, Marterbauer argues that the economy must be driven by sustainable investment in order to ensure both economic and social security. According to his own account, he has been a member of the SPÖ for “almost 40 years".[10]

References

  1. ^ "Linker Ökonom als neuer Säckelwart: Das ist Markus Marterbauer". Kleine Zeitung (in German). 27 February 2025.
  2. ^ admin (14 September 2012). "Markus Marterbauer - renommiertester Wirtschaftsforscher Österreichs in Steyrermühl". salzi.at (in German). Retrieved 5 April 2025.
  3. ^ "Dr. Markus Marterbauer". SPÖ (in German). Retrieved 5 April 2025.
  4. ^ "Neuer Finanzminister: Wer ist Markus Marterbauer?". kurier.at (in German). 28 February 2025. Retrieved 5 April 2025.
  5. ^ "Nationalratswahl 2002 in Wien - Vorzugsstimmen (Endergebnis inkl. Wahlkarten) nach Namen". www.wien.gv.at. Retrieved 5 April 2025.
  6. ^ "Markus Marterbauer - Bundesminister für Finanzen". Meine Abgeordneten (in German). Retrieved 5 April 2025.
  7. ^ "Bablers Favorit Markus Marterbauer wird wohl über Österreichs Finanzen walten". DER STANDARD (in Austrian German). Retrieved 5 April 2025.
  8. ^ kevin.yang (28 February 2025). "Markus Marterbauer: Der Finanzminister für die roten Zahlen". www.profil.at (in German). Retrieved 5 April 2025.
  9. ^ "Marterbauer wird Finanzminister, Hanke Infrastrukturminister". DER STANDARD (in Austrian German). Retrieved 5 April 2025.
  10. ^ Rief, 17 03 2025 um 16:51 von Norbert (17 March 2025). "Finanzminister Marterbauer: "Es ist nicht unmoralisch, ein großes..." Die Presse (in German). Retrieved 5 April 2025.{{cite web}}: CS1 maint: numeric names: authors list (link)

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