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Leszek Balcerowicz

Professor
Leszek Balcerowicz
Leszek Balcerowicz 2010.jpg
Deputy Prime Minister of Poland
In office
September 12, 1989 – December 23, 1991
President Wojciech Jaruzelski
Lech Wałęsa
Prime Minister Tadeusz Mazowiecki
Jan Krzysztof Bielecki
Deputy Prime Minister of Poland
In office
October 31, 1997 – June 8, 2000
President Aleksander Kwaśniewski
Prime Minister Jerzy Buzek
Finance Minister of Poland
1st Minister of Finance of the Third Republic of Poland
In office
September 12, 1989 – December 23, 1991
President Wojciech Jaruzelski
Prime Minister Tadeusz Mazowiecki
Jan Krzysztof Bielecki
Preceded by Andrzej Wróblewski
Succeeded by Karol Lutowski
Finance Minister of Poland
8th Minister of Finance of the Third Republic of Poland
In office
October 31, 1997 – June 8, 2000
President Aleksander Kwaśniewski
Prime Minister Jerzy Buzek
Preceded by Marek Belka
Succeeded by Jarosław Bauc
President of The National Bank of Poland
In office
January 10, 2001 – January 10, 2007
Preceded by Hanna Gronkiewicz-Waltz
Succeeded by Sławomir Skrzypek
Chairman of the Freedom Union
In office
April 1, 1995 – December 18, 2000
Preceded by Tadeusz Mazowiecki
Succeeded by Bronisław Geremek
Member of Sejm
In office
October 20, 1997 – October 18, 2001
Personal details
Born (1947-01-19) January 19, 1947 (age 70)
Lipno, Poland
Political party Freedom Union, Partia Demokratyczna – demokraci.pl
Spouse(s) Ewa Balcerowicz
Children Maciej (b. 1972) & Wojciech (b. 1980) & Anna (b. 1984)
Profession Economist

Leszek Balcerowicz (pronounced [ˈlɛʂɛk balt͡sɛˈrɔvit͡ʂ]; born January 19, 1947 in Lipno) is a Polish professor of economics, the former chairman of the National Bank of Poland and Deputy Prime Minister in Tadeusz Mazowiecki's government. He is famous for implementing the Polish economic transformation program in the 1990s, a shock therapy commonly referred to as the Balcerowicz Plan.

He is a professor at the world’s first university institute of postgraduate studies and training in European affairs, College of Europe.

In 1970 he graduated with distinction from the Foreign Trade faculty of the Central School of Planning and Statistics in Warsaw (now the Warsaw School of Economics). Balcerowicz received his MBA from St. John's University in New York, in 1974 and doctorate from the Central School of Planning and Statistics in 1975.

He was a member of the Polish communist party (Polish United Workers' Party) from 1969 until the declaration of martial law in Poland, in 1981. In the late 1970s he participated in an economic-advisory team associated with the prime minister of People's Republic of Poland. In 1978–1980 he worked at Institute of Marxism-Leninism. Later he became an economics expert in the independent trade union Solidarity, and was forced to leave the communist party.


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