Piet Lieftinck | |
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Monarch |
Wilhelmina (1948) Juliana (1948–1958) |
Secretary of the Economic Board of the Ministry of Economic Affairs, Agriculture and Innovation | |
In office May 20, 1933 – October 22, 1934 |
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Minister of Finance | |
In office June 24, 1945 – July 4, 1952 |
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Member of the House of Representatives of the Netherlands | |
In office June 4, 1946 – July 8, 1946 |
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Member of the Senate of the Netherlands | |
In office July 27, 1948 – August 11, 1948 |
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Personal details | |
Born |
Pieter Lieftinck September 30, 1902 Muiden |
Died | July 9, 1989 The Hague |
(aged 86)
Nationality | Dutch |
Political party | Christian Historical Union, Labour Party and Democratic Socialists '70 |
Alma mater | Utrecht University and Columbia University |
Occupation | Politician |
Religion | Dutch Reformed Church |
Pieter (Piet) Lieftinck (Muiden, September 30, 1902 – The Hague, July 9, 1989) was a Dutch civil servant, chief executive, professor and politician. He became minister of Finance in the following administrations Schermerhorn/Drees (1945–1946), Beel-1 (1946–1948), Drees/Van Schaik (1948–1951) and Drees-2 (1951–1952). In this function, he was largely responsible for the monetary recovery of the country and its currency.
Lieftinck became professor at the Erasmus University Rotterdam at a relatively low age. Before the second world war, he supported the left wing of the Protestant Christian Democrats (CHU). In 1945, he joined NVB, which failed in the elections of 1946. In 1946, he moved to the socialist party (PvdA) and in 1971 he joined the moderate leftist DS'70 party.
From May 1942, he was a prominent hostage in the Sint-Michielsgestel prison camp (the former minor seminary of Beekvliet). He worked with other politicians on ideas of a new political constellation after the second world war in the breakthrough committee.
In June 1945, Lieftinck became the first post war minister of Finance of the Netherlands. He inherited a deeply troubled economy. A third of the national assets were destroyed. The infrastructure was greatly damaged in war action. Rotterdam was destroyed, practically all the large bridges were damaged and some large polders had been flooded. On top of that, the Allies demanded an expeditionary Royal Netherlands Army to fight in the Pacific.