Axel Troost

Born in Hagen, Troost obtained Abitur at Schule Schloss Salem in 1973, and studied economics at Philipps-Universität Marburg, where he obtained a doctorate (Dr. rer. pol.) in 1982 with a thesis on the subject of national debt and credit institutes – public borrowing in the context of the overall lending and service operations of commercial banks.{{Cite web |url=http://www.axel-troost.de/files/Troost_-_Staatsverschuldung_und_Kreditinstitute.pdf |title=Axel Troost: Staatsverschuldung und Kreditinstitute. 1984 |access-date=1 March 2017 |archive-url=https://web.archive.org/web/20130103212505/http://www.axel-troost.de/files/Troost_-_Staatsverschuldung_und_Kreditinstitute.pdf |archive-date=3 January 2013 |url-status=dead }} Troost was head of the Working Group on Alternative Economic Policy (Arbeitsgruppe Alternative Wirtschaftspolitik) since 1981 and managing director of the Progress Institute for Economic Research (PIW GmbH) in Bremen and Teltow since 1984. He also worked as managing director of the Office for Structural Research Rostock (BÜSTRO) in Rostock from 1990 to 2001.[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Axel Troost, DIE LINKE - Biography.] Website of the German Bundestag. Retrieved 1 March 2017.

Troost was a member of the Social Democratic Party of Germany (SPD) from 1970 to 1973 and a member of the German Communist Party (DKP) from 1976 to 1984.[http://www.hbpublik.de/Seiten/Bremer%20Berichte/Politik/Politik1.html HBpublik, politic and economy.] Retrieved 1 March 2017. He later co-founded the Electoral Alternative for Labour and Social Justice (WASG) and served as a member of its federal executive committee from 2005 to 2007.[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Axel Troost, DIE LINKE - Biography. ] Website of the German Bundestag. Retrieved 1 March 2017. Troost was a member of the federal executive committee of the Left Party since the Left Party.PDS merged with the WASG.[https://www.welt.de/politik/article2011124/Wie-die-WASG-die-Republik-veraendert-hat.htmlHow the WASG has changed the republic.] Article from WELT (19 May 2008). Retrieved 1 March 2017. He was deputy chairman of the Left Party since 3 June 2012.[https://www.die-linke.de/index.php?id=9953 LINKE: Choice of party committee 2012.] Retrieved 1 March 2017.

Troost was a Member of the German Bundestag since 2005.[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118Axel Troost, DIE LINKE - Biography.] Website of the German Bundestag. Retrieved 1 March 2017. He served as spokesman on financial policy for the Left Party parliamentary group. During the 16th electoral term, he was a substitute member of the Second Joint Bundestag-Bundesrat Commission on Modernising the Federal System [http://webarchiv.bundestag.de/cgi/show.php?fileToLoad=1374&id=1136 Commission on the Modernization of Federal-Countries-Financial Relations.] Retrieved 1 March 2017. and a member of the Hypo Real Estate (HRE) committee of inquiry,[http://www.axel-troost.de/article/3873.gemeinsame-presseerklaerung-zum-hre-untersuchungsausschuss-a-8222-der-ausschuss-war-ein-erfolga-8220.html ''HRE: The committee was a success.] Retrieved 1 March 2017. which shed light on the company's operations during the 2008 financial crisis. In the 17th electoral term, Troost was one of the Parliamentary Secretaries and a member of the Finance Committee and the Subcommittee on Local Government Affairs.

Troost stood as a candidate for direct election representing the Leipzig-Land constituency and was re-elected to the Bundestag via the party list of Saxony (on fourth position) in 2013.[https://www.statistik.sachsen.de/wpr_alt/pkg_s10_gew.prc_erg_liskand?p_bzid=BW13&p_lisnr=0 Federal election 2013: Selected candidates.] Retrieved 1 March 2017. He continued to serve as spokesman on financial policy during the 18th electoral term, and assumed the role of spokesman for the Bundestag group of Left Party parliamentarians from Saxony. Troost was also a member of the administrative council of the Federal Financial Supervisory Authority (BaFin).[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Axel Troost, DIE LINKE - Biography.] Website of the German Bundestag. Retrieved 1 March 2017.

Troost was a member of the executive committee of the Institute of Modern Solidarity (ISM) since 2010 and one of its five spokespersons since 2014.[http://www.solidarische-moderne.de/de/topic/24.vorstand.html ISM: Committee of the institute.] Retrieved 1 March 2017. He was a long-standing member of Attac and the German Federation of Democratic Scientists (BdWi). After years of membership in the IG Metall trade union, Troost joined the United Services Union (Ver.di) in 2009.[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Axel Troost, DIE LINKE - Biography.] Website of the German Bundestag. Retrieved 1 March 2017.

Axel Troost was married and had two children.[http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Axel Troost, DIE LINKE - Biography.] Website of the German Bundestag. Retrieved 1 March 2017. He died on 6 January 2023, at the age of 68.{{cite news |title=Linke trauert um langjährigen sächsischen Abgeordneten |url=https://www.saechsische.de/politik/parteien/die-linke/linke-trauert-um-langjaehrigen-saechsischen-abgeordneten-5805228.html |access-date=9 January 2023 |publisher=Sächsische |date=9 January 2023}}

Axel Troost, Lisa Paus: [http://www.axel-troost.de/serveDocument.php?id=1656&file=2/4/920.pdf A European Clearing Union – The Monetary Union 2.0], March 2011

Axel Troost, Philipp Hersel: [http://www.rosalux-nyc.org/wp-content/files_mf/troosthersel_socializationofgermanbankingsystem.pdf How a Socialization of the German Banking System might look], 2012, Rosa Luxemburg Stiftung, New York

Klaus Busch, Axel Troost, Gesine Schwan, Frank Bsirske, Joachim Bischoff, Mechthild Schrooten, Harald Wolf: [http://www.axel-troost.de/serveDocument.php?id=3212&file=8/3/45d.pdf A Europe built on solidarity is possible. Pamphlet for another European Union], November 2016

{{reflist|30em}}

• {{in lang|de}} [http://www.axel-troost.de Troost's Homepage in German]
• {{in lang|de}} [http://www.bundestag.de/abgeordnete18/biografien/T/troost_axel/259118 Biography at the Bundestag]
• {{in lang|de}} [https://www.linksfraktion.de/fraktion/abgeordnete/profil/dr-axel-troost/ Profile at the Bundestag Group of Left Party]
• {{in lang|de}} [http://www.alternative-wirtschaftspolitik.de/ Arbeitsgruppe Alternative Wirtschaftspolitik (Working Group on Alternative Economic Policy)]

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Category:1954 births

Category:2023 deaths

Category:German economists

Category:Social Democratic Party of Germany politicians

Category:German Communist Party members

Category:Labour and Social Justice – The Electoral Alternative politicians

Category:Members of the Bundestag 2013–2017

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Category:Members of the Bundestag 2005–2009

Category:Members of the Bundestag for Die Linke

Category:Alumni of Schule Schloss Salem

Category:Politicians from Hagen