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Dr. J. Zijlstra

Zijlstra government
(1966 - 1967)

Jelle Zijlstra was born in Oosterbierum on 27 August 1918. After completing his secondary education he studied at the Netherlands School of Economics (the predecessor of the Erasmus University, Rotterdam). His studies were interrupted twice. First by his period of military service and later when he had to go into hiding in 1942 after refusing to sign the loyalty oath required of students by the Nazi occupation authorities. Even so, he completed his economics degree in October 1945.

Immediately after graduating, Jelle Zijlstra became a research assistant at the Netherlands School of Economics and was promoted a year later to senior research assistant and in 1947 to lecturer. In 1948 he was awarded a doctorate for his thesis on the rate of circulation of money and its bearing on the value of money and monetary equilibrium. In the same year he was appointed professor of theoretical economics at the Free University of Amsterdam.

He was already a member of the Anti-Revolutionary Party (ARP), which was to be absorbed in 1980 into the Christian Democratic Alliance (CDA). Representing this party he became between 2 September 1952 and 24 July 1963, successively Minister of Economic Affairs in the second and third Drees governments, Minister of Economic Affairs and interim Minister of Finance in the second Beel government and Minister of Finance in the De Quay government.

Following his ministerial career, Jelle Zijlstra returned to the Free University of Amsterdam as professor of public finance, though he also served between 1963 and 1966 as a member of the Upper House of Parliament.

After the fall of the Cals administration, Dr Zijlstra headed an interim government between 22 November 1966 and 5 April 1967.

From then until the end of 1981 he was President of De Nederlandsche Bank (the Dutch central bank) and in the course of that period also President of the Bank for International Settlements in Basel.

On 29 April 1983, he was appointed Minister of State. He has sat on many boards in the public and private sectors.

Mr. Zijlstra died in Wassenaar on 23 december 2001.