Leszek Balcerowicz

Leszek Balcerowicz (pronounce: ) (born January 19, 1947) is a Polish economist and Chairman of the National Bank of Poland. He is famous for leading the Polish economic transformation program (shock therapy) in the 1990s.

Related Topics:
January 19 - 1947 - Polish - National Bank of Poland - Shock therapy - 1990s

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From September 1989 to August 1991 and between October 31, 1997 and June 8, 2000 he was a Deputy Prime Minister and Finance Minister of Poland. Between 1995 and 2000 he was the chairman of Unia Wolno?ci, then a centrist political party. On December 22, 2000 he became the Chairman of the National Bank of Poland.

Related Topics:
1989 - 1991 - October 31 - 1997 - June 8 - 2000 - 1995 - Unia Wolno?ci - Centrist - Political party - December 22

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The Balcerowicz Plan - which sought to end hyperinflation and balance the national budget - freed the prices of most consumer goods, established caps for annual increases in state-sector employees' wages, and made the zloty convertible within Poland's borders.

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