Honory doctorates 2002

Dr. A.H.E.M. (Nout) Wellink

Honorary supervisor Prof. Dr. S.C.W. Eijffinger - 2008 - Faculteit Economische Wetenschappen

Nout Wellink (Bredevoort, 1943) is a Dutch economist, who gained most notoriety through his position as president of De Nederlandsche Bank.

Nout Wellink

He studied Dutch law at Leiden University (1961-1968). In 1975, he received his PhD in economics from Erasmus University Rotterdam with the thesis entitled De inkomenselasticiteit van het Nederlandse belastingstelsel (The income elasticity of the Dutch tax system).

From 1970 to 1982, he worked at the Ministry of Finance, most recently as Director of General Financial and Economic Policy, and Treasurer General. Subsequently, Wellink became a member of the Board of Directors at the Nederlandsche Bank, to become President in 1997, succeeding Wim Duisenberg.

In his role as President, Wellink played an important role in the introduction of the euro and in positioning the Bank within the European System of Central Banks in the formulation of the common monetary policy of the European Economic and Monetary Union (EMU). As a member of the Board of Governors of the European Central Bank, Wellink acquired great authority among his European colleagues.

As Director of De Nederlandsche Bank, he had already made a case for giving monetary research an extensive place in policy preparation. Since 2004, De Nederlandsche Bank has also been responsible for the financial supervision of banks, pension funds, and insurers, insofar as these are Dutch.

Wellink was also Endowed Professor of Monetary and Banking Issues at the Vrije Universiteit in Amsterdam from 1987 to 1997.

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