Duisenberg, Willem Frederik
Willem Frederik Duisenberg, 1935–2005, Dutch banker and advocate of European monentary union. He worked (1965–69) as an economist with the International Monetary Fund in Washington, D.C., and was subsequently (1970–73) a professor of macroeconomics at the Univ. of Amsterdam. Leaving academia, Duisenberg became known as an inflation-fighter while serving as finance minister (1973–77) under Social Democrat Joop den Uyl, and presided over a flourishing Dutch economy as (1982–97) head of the central bank. In 1998, Duisenberg was appointed the first president of the European Central Bank, serving in that post until 2003. During his tenure he championed the single European currency, overseeing the change in the European Monetary System from individual national monies to the euro.
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Publication information: Article title: Duisenberg, Willem Frederik. Encyclopedia title: The Columbia Encyclopedia, 6th ed.. © 2012 The Columbia Electronic Encyclopedia © 2012, Columbia University Press. Licensed from Columbia University Press. Used with the permission of Columbia University Press. All Rights Reserved. Publisher: The Columbia University Press. Place of publication: Not available. Publication year: 2013.
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