Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung
The German Council of Economic Experts (German: "") is a group of economists set up in 1963 to evaluate economic policies of the German government. In the media, the council is often referred to as the "Five Sages of Economy" ("Fünf Wirtschaftsweisen"), or simply the "Five Sages" ("Fünf Weisen").