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Encyclopedia > Wim Duisenberg
Wim Duisenberg
Wim Duisenberg

In office
1973 – 1977
Preceded by Roelof Nelissen
Succeeded by Frans Andriessen

In office
1982 – 1997
Preceded by Jelle Zijlstra
Succeeded by Nout Wellink

In office
June 1, 1998 – October 30, 2003
Preceded by None
Succeeded by Jean-Claude Trichet

Born July 9, 1935(1935-07-09)
Heerenveen, Netherlands
Died July 31, 2005 (aged 70)
Faucon, France

Willem Frederik Duisenberg, commonly known as Wim Duisenberg, (July 9, 1935July 31, 2005) was a Dutch banker and politician. The first president of the European Central Bank (19982003), he was instrumental in the introduction of the euro in twelve European countries in 2002. Source: http://news. ... The Ministry of Finance (Ministerie van Financiën; Fin) is the Dutch ministry of finance: it is occupied with the national budget, taxation and financial economic policy, including supervision of financial markets. ... Year 1973 (MCMLXXIII) was a common year starting on Monday (link will display full calendar) of the 1973 Gregorian calendar. ... Also: 1977 (album) by Ash. ... Frans Andriessen (born 2 April 1929) was a senior Dutch politician. ... De Nederlandsche Bank (DNB, The Dutch Bank) is the central bank of the Netherlands. ... Year 1982 (MCMLXXXII) was a common year starting on Friday (link displays the 1982 Gregorian calendar). ... Year 1997 (MCMXCVII) was a common year starting on Wednesday (link will display full 1997 Gregorian calendar). ... Jelle Zijlstra (August 27, 1918-December 23, 2001) was a Dutch politician, prime minister of the Netherlands for an intermediary cabinet from 1966 until 1967, as a member of the Protestant ARP party. ... This is a list of the Presidents of the European Central Bank since the establishment of the bank on June 1, 1998. ... June 1 is the 152nd day of the year (153rd in leap years) in the Gregorian calendar. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... October 30 is the 303rd day of the year (304th in leap years) in the Gregorian calendar, with 62 days remaining. ... Year 2003 (MMIII) was a common year starting on Wednesday (link displays 2003 calendar) of the Gregorian calendar. ... Order: 2nd President Nationality: French Vice President: Lucas Papademos Term of office: November 1, 2003 – Present Preceded by: Wim Duisenberg Succeeded by: Incumbent Jean-Claude Trichet (born December 20, 1942) is a French banker. ... is the 190th day of the year (191st in leap years) in the Gregorian calendar. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will display full calendar). ... Heerenveen ( (help· info), Frisian: It Hearrenfean) is a municipality and a town in the province of Friesland, in the north of the Netherlands. ... is the 212th day of the year (213th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Faucon is a commune of the Vaucluse département in southern France. ... is the 190th day of the year (191st in leap years) in the Gregorian calendar. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will display full calendar). ... is the 212th day of the year (213th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... “Banker” redirects here. ... The Politics series Politics Portal This box:      A politician is an individual who is a formally recognized and active member of a government, or a person who influences the way a society is governed through an understanding of political power and group dynamics. ... Headquarters Frankfurt, Germany Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain Currency Euro -ISO 4217 Code EUR Reserves >€4 billion Base borrowing rate 4. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... Year 2003 (MMIII) was a common year starting on Wednesday (link displays 2003 calendar) of the Gregorian calendar. ... “EUR” redirects here. ... For album titles with the same name, see 2002 (album). ...

Contents

Biography

Early life

Duisenberg was born in the Frisian town of Heerenveen. He studied economics at the University of Groningen, majoring in international economic relations. In 1965, he obtained a Ph.D.; his thesis was "The Economical Consequences of Disarmament". Capital Leeuwarden Queens Commissioner drs. ... Heerenveen ( (help· info), Frisian: It Hearrenfean) is a municipality and a town in the province of Friesland, in the north of the Netherlands. ... This article needs additional references or sources for verification. ... The University of Groningen, established in 1614, it is the second oldest and third largest university in the Netherlands, boasting more than 100,000 graduates since its inception. ... Year 1965 (MCMLXV) was a common year starting on Friday (link will display full calendar) of the 1965 Gregorian calendar. ... Doctor of Philosophy, abbreviated Ph. ...


Career

Duisenberg subsequently worked for the International Monetary Fund in Washington for years followed by a year as an advisor to the director of the Nederlandsche Bank, the Dutch central bank in Amsterdam. He was then appointed a professor at the University of Amsterdam where he taught macroeconomics. This article needs additional references or sources to facilitate its verification. ... Aerial photo (looking NW) of the Washington Monument and the White House in Washington, DC. Washington, D.C., officially the District of Columbia (also known as D.C.; Washington; the Nations Capital; the District; and, historically, the Federal City) is the capital city and administrative district of the United... De Nederlandsche Bank (DNB, The Dutch Bank) is the central bank of the Netherlands. ... Nickname: Motto: Heldhaftig, Vastberaden, Barmhartig (Valiant, Determined, Compassionate) Location of Amsterdam Coordinates: , Country Netherlands Province North Holland Government  - Mayor Job Cohen (PvdA)  - Aldermen Lodewijk Asscher Hennah Buyne Carolien Gehrels Tjeerd Herrema Maarten van Poelgeest Marijke Vos  - Secretary Erik Gerritsen Area [1][2]  - City 219 km²  (84. ... From Athenaeum Illustre to University In January 1632 two internationally acclaimed scientists, Caspar Barlaeus and Gerardus Vossius, held their inaugural speech in the Athenaeum Illustre - the illustrious school - which had its seat in the 14th-century Agnietenkapel. ...


From 1973 to 1977, Duisenberg was Minister of Finance under Prime Minister Joop den Uyl, Shortly afterwards, he gave up his seat in the Dutch parliament to become vice president of Rabobank, a Dutch private bank. Two years later, he was appointed director of the Nederlandsche Bank, serving as its president from 1982 to 1997. Year 1973 (MCMLXXIII) was a common year starting on Monday (link will display full calendar) of the 1973 Gregorian calendar. ... Also: 1977 (album) by Ash. ... Prime Minister of the Netherlands Dr. Johannes Marten Joop den Uyl (August 9, 1919 - December 24, 1987) was a Dutch politician, prime minister of the Netherlands from 1973 until 1977, as a member of the socialist PvdA party. ... Rabobank is a Dutch cooperative banking institution with offices all over the world, although primarily in the Netherlands. ... Year 1982 (MCMLXXXII) was a common year starting on Friday (link displays the 1982 Gregorian calendar). ... Year 1997 (MCMXCVII) was a common year starting on Wednesday (link will display full 1997 Gregorian calendar). ...


His tenure at the Dutch central bank was marked by caution and reserve. Under his direction, the Dutch guilder was linked to the German Deutsche Mark, and this benefited the Dutch economy, owing to the strength of the German currency. He also closely followed German central bank's interest rate policies closely, which earned him the nickname "Mr Fifteen Minutes" because he quickly followed any interest rate changes made by the Germans. ISO 4217 Code NLG User(s) The Netherlands Inflation 2. ... The Deutsche Mark (DM, DEM) was the official currency of West and, from 1990, unified Germany. ...


First president of the European Central Bank

Owing to the success of his monetary policy, he became well-known in other European countries, and this led to his appointment in 1998 as the first president of the new European Central Bank in Frankfurt, much to the chagrin of France, who wanted a French candidate. A compromise was agreed upon (although publicly denied by all parties) whereby Duisenberg would serve for at least four years, upon which the Frenchman Jean-Claude Trichet, director of the Banque de France, would take over. For other uses, see Frankfurt (disambiguation). ... Order: 2nd President Nationality: French Vice President: Lucas Papademos Term of office: November 1, 2003 – Present Preceded by: Wim Duisenberg Succeeded by: Incumbent Jean-Claude Trichet (born December 20, 1942) is a French banker. ... One of the Banque de Frances offices in Paris. ...


Duisenberg announced he would retire on 9 July, 2003, (his 68th birthday), but he remained in office until Trichet was cleared of charges of fraud in connection with the collapse of the French bank Crédit Lyonnais. Trichet took over presidency of the ECB on November 1 2003. Crédit Lyonnais is a French bank. ... November 1 is the 305th day of the year (306th in leap years) in the Gregorian calendar, with 60 days remaining. ...


Death

Duisenberg died in 2005 at the age of 69 while vacationing at his villa in Faucon near Orange, France. He drowned in his swimming pool after suffering a heart attack, a condition likely to have been exacerbated by his history of chain smoking. Faucon is a commune of the Vaucluse département in southern France. ... Roman theatre at Orange, France Orange (Arenjo in Provençal) is a city in the département of Vaucluse, in the south of France. ... This article needs additional references or sources for verification. ... Acute myocardial infarction (AMI or MI), more commonly known as a heart attack, is a disease state that occurs when the blood supply to a part of the heart is interrupted. ... This article does not cite any references or sources. ...


A commemorating service was held on August 6, 2005 in the Amsterdam Concertgebouw. Duisenberg was buried later that day on the Zorgvlied cemetery in Amsterdam. is the 218th day of the year (219th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... concertgebouw The Concertgebouw is a concert hall in Amsterdam, the Netherlands. ...


Trivia

  • Duisenberg was married to the controversial political activist Gretta Duisenberg. She created a furor when she announced a plan to collect six million signatures in protest of Israeli policies in the Occupied Territories (the figure is thought to have been an allusion to the number of Jewish victims of World War II).

Gretta Duisenberg (born 1942) is a Dutch activist, known chiefly for her marriage to ECB-banker Wim Duisenberg and pro-Palestinian activities. ... This article is about the Palestinian territories as a geopolitical phenomenon. ... The word Jew ( Hebrew: יהודי) is used in a wide number of ways, but generally refers to a follower of the Jewish faith, a child of a Jewish mother, or someone of Jewish descent with a connection to Jewish culture or ethnicity and often a combination... For other uses, see Holocaust (disambiguation) and Shoah (disambiguation). ... Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000...

External link

  • BBC Obituary: Wim Duisenberg

  Results from FactBites:
 
Wim Duisenberg, known as father of the euro - Chicago Sun-Times | Encyclopedia.com (618 words)
Wim Duisenberg, known as father of the euro
PARIS -- Wim Duisenberg, the former European Central Bank chief who helped create the euro currency, was found dead Sunday in his swimming pool in southeastern France, officials said.
Wim Duisenberg was the first head of the European...
Wim Duisenberg - Wikipedia, the free encyclopedia (595 words)
Duisenberg was born in the Frisian town of Heerenveen.
Duisenberg was married to the controversial political activist Gretta Duisenberg.
Duisenberg was known to be a chain smoker.
  More results at FactBites »

 
 

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