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On 1 May 1967 Dr. J elle Zijlstra was appointed President of De Nederlandsche Bank, after an already eventful career. Following a brief spell as Professor of Economics at the Free University of Amsterdam, he began a lengthy period of ministerial service in 1952. During his cabinet years, he devised a concept which became known in the Netherlands as the' Zijl stra norm', and which was aImed at keeping the Government's financial deficit in check. He concluded his active political career .as prime minister in 1966-1967. Dr. Zijlstra's career as a politician and central banker covered a period of nearly 30 years during which the economic scene in the N ether lands and in the world underwent wide cyclical ups and downs and impor tant changes of a more long-lasting nature. Successful economic recovery after the Second World War was followed by a period of rapid and rela tively stable economic growth. However, as early as the 1960s the condi tions for the maintenance of equilibrated expansion became less secure. These conditions were further impaired in the 1970s partly as a result of important shocks, such as the oil crises.
List of contents
one. Zijlstra's concerto grosso.- Zijlstra's concerto grosso, Fourteen annual reports: Themes and variations (1967-1980), by Prof. Dr. C. Goedhart.- two The international monetary system.- Statement at IMF Annual Meeting, 1967.- Statement at IMF Annual Meeting, 1968.- Statement at IMF Annual Meeting, 1969.- Some aspects of international monetary reform.- International monetary reform.- The banking system and the EEC.- Reflections on international economic and monetary problems.- Speech at BIS Annual Meeting, 1974.- Statement at Joint Annual Session of the IMF and the World Bank, 1975.- The world economy and the monetary system.- Speech at BIS Annual Meeting, 1981.- three The Netherlands economic situation.- The Netherlands economy in 1976 - a stock taking.- The Netherlands economy in 1977.- The Netherlands economy after the presentation of the budget.- The construction industry in a macro-economic fix.- four General monetary reflections.- Inflation and its impact on society.- Monetary theory and monetary policy - a central banker's view.- to 'Schumpeter's Vision'.- Central banking with the benefit of hindsight.- Major events in the international monetary system under the presidency of Dr. Zijlstra.
