Camille Gutt
Camille Gutt (maiden name: Guttenstein ) (born November 14, 1884 in Brussels , † June 7, 1971 ) was a Belgian industrialist and politician . He was the Belgian Finance Minister on several occasions and the first Executive Director of the International Monetary Fund .
biography
After attending school, he studied law and graduated with the promotion to Doctor of Law from. In addition, he studied political and social science and completed these courses with a licentiate . Later he worked as an industrialist.
On November 20, 1934, Prime Minister Georges Theunis appointed him as a non-party expert for the first time as finance minister in a government. He was a member of Theunis government until the end of his term in office on March 25, 1935.
Prime Minister Hubert Pierlot reappointed him as Finance Minister in his government on February 22, 1939. During the time of the German occupation , Gutt belonged to this group for almost six years until February 12, 1945. He was also Minister of Economics between 1940 and 1943 and Minister of Transport from 1940 to 1942. As finance minister, he was particularly responsible for the currency reform of October 1944, which was supposed to enable the stability of the Belgian franc by reducing the money supply and stabilizing prices . Money was taken out of circulation and bank accounts, sight and time deposits were blocked. These security measures were only gradually lifted from 1949 onwards.
On September 3, 1945, along with numerous other personalities, he was honored with the honorary title of Minister of State for his services .
On May 6, 1946, he was finally appointed first managing director of the International Monetary Fund (IMF) and held this office for five years until May 6, 1951.
In 1971 his memoirs about the war years 1940 to 1944 appeared under the title La Belgique au carrefour 1940-1944 .
Web links
- rulers.org
- Newspaper article about Camille Gutt in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .
Individual evidence
| personal data | |
|---|---|
| SURNAME | Good, Camille |
| ALTERNATIVE NAMES | Guttenstein, Camille (maiden name) |
| BRIEF DESCRIPTION | Belgian politician, financial manager and industrialist |
| DATE OF BIRTH | November 14, 1884 |
| PLACE OF BIRTH | Brussels |
| DATE OF DEATH | June 7th 1971 |