Editing Wim Duisenberg (section)

==Politics==
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[[File:EuropeanConf1974.jpg|thumb|left|220px|[[Chancellor of the Exchequer]] of the United Kingdom [[Denis Healey]], [[List of German finance ministers|Minister of Finance of West Germany]] [[Helmut Schmidt]] and Minister of Finance Wim Duisenberg during a [[European Economic Community]] meeting in [[The Hague]] on 24 April 1974]]
[[File:Duisenberg and Padoa-Schioppa.jpg|thumb|left|220px|President of the European Central Bank Wim Duisenberg and [[Executive Board of the European Central Bank|Member of the Executive Board of the European Central Bank]] [[Tommaso Padoa-Schioppa]] during an International Monetary Fund meeting in Washington, D.C., on 24 September 2000]]
Duisenberg subsequently worked for the [[International Monetary Fund]] in Washington, D.C., for years followed by a year as an advisor to the director of the [[De Nederlandsche Bank|Nederlandsche Bank]], the Dutch central bank in [[Amsterdam]]. He was then appointed a professor at the [[University of Amsterdam]] where he taught macroeconomics. From 1973 to 1977, Duisenberg was Minister of Finance under Prime Minister [[Joop den Uyl]]. Shortly afterwards, he gave up his seat in Parliament to become vice president of [[Rabobank]], a Dutch bank. Two years later, he was appointed director of the Nederlandsche Bank, serving as its president from 1982 to 1997. His tenure at the Dutch central bank was marked by caution and reserve. Under his direction, the Dutch [[Dutch gulden|guilder]] was linked to the German [[Deutsche Mark]]; this benefited the Dutch economy, owing to the strength of the German currency. He also 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 [[Deutsche Bundesbank]].