Government public finance officials from the United States and Poland, guest speakers at the Hoover Institution, opined on their experiences during financial crises and what they learned from them.
Henry Paulson, who served under President George W. Bush as the 74th secretary of the US Treasury, joined former U.S. secretary of state Condoleezza Rice, the Thomas and Barbara Stephenson Senior Fellow on Public Policy at the Hoover Institution, on Tuesday, March 23, at Hoover, in a conversation about the global financial crisis that emerged during his tenure as Treasury secretary. For more information, see Hoover Institution Hosts Visit by Henry Paulson, former U.S. Secretary of the Treasury.
Former Polish deputy prime minister Leszek Balcerowicz, who also served as finance minister and as president of Poland’s National Bank, discussed Poland’s, as well as Europe’s, experience during the fiscal crisis in his remarks, “How to Avoid Another Serious Financial Crisis,” on Tuesday, October 19, at a Hoover Institution retreat. As finance minister, Balcerowicz is credited with leading Poland’s successful transition from communism to a free market economic system in the 1990s.