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Victor Slăvescu ( – 24 September 1977) was a
Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, S ...
n economist and politician. He was a professor of economics at the
Bucharest Academy of Economic Studies The Bucharest University of Economic Studies ( ro, Academia de Studii Economice din București, abbreviated ''ASE'') is a public university in Bucharest, Romania. Founded in 1913 as the ''Academy of Higher-level Commercial and Industrial Studies'' ...
and a titular member of the Romanian Academy. He also served as Finance Minister (1934–1935) and Minister of Materiel (1939–1940).


Biography

He was born in
Rucăr Rucăr is a commune in the north-eastern part of Argeș County, Muntenia, Romania. At the 2011 census, the population of the commune was 5,752. It is composed of two villages, Rucăr and Sătic. Located on the Rucăr-Bran Pass, it is popular with ...
,
Muscel County Muscel County is a former first-order administrative district of Romania. It was located in the southern central part of Greater Romania, in the northwestern part of the historic region of Muntenia. Its territory is now mostly part of Argeș County ...
(now in
Argeș County Argeș County () is a county ('' județ'') of Romania, in Muntenia, with the capital city at Pitești. Demographics On 20 October 2011, it had a population of 612,431 and the population density was 89/km2. * Romanians – 97% * Roma (Gypsi ...
); his father, Ion Slăvescu, was a colonel in the
Romanian Army The Romanian Land Forces ( ro, Forțele Terestre Române) is the army of Romania, and the main component of the Romanian Armed Forces. In recent years, full professionalisation and a major equipment overhaul have transformed the nature of the Lan ...
. He attended primary school in Slatina, then studied at the Ion C. Brătianu High School in
Pitești Pitești () is a city in Romania, located on the river Argeș. The capital and largest city of Argeș County, it is an important commercial and industrial center, as well as the home of two universities. Pitești is situated in the historical re ...
from 1902 to 1908, and at the Gheorghe Lazăr High School in
Bucharest Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of ...
from 1908 to 1910. After taking his
Baccalaureate Baccalaureate may refer to: * ''Baccalauréat'', a French national academic qualification * Bachelor's degree, or baccalaureate, an undergraduate academic degree * English Baccalaureate, a performance measure to assess secondary schools in England ...
, he left for France in 1911 and enrolled at the
University of Paris , image_name = Coat of arms of the University of Paris.svg , image_size = 150px , caption = Coat of Arms , latin_name = Universitas magistrorum et scholarium Parisiensis , motto = ''Hic et ubique terrarum'' (Latin) , mottoeng = Here and a ...
, where he took courses with
Pierre Paul Leroy-Beaulieu Pierre Paul Leroy-Beaulieu (9 December 1843 in Saumur – 9 December 1916 in Paris) was a French economist, brother of Henri Jean Baptiste Anatole Leroy-Beaulieu, born at Saumur, Maine-et-Loire on 9 December 1843, and educated in Paris at th ...
,
Charles Gide Charles Gide (; 1847–1932) was a French economist and historian of economic thought. He was a professor at the University of Bordeaux, at Montpellier, at Université de Paris and finally at Collège de France. His nephew was the author André ...
, and
Charles Rist Charles Rist (1 January 1874, Prilly – 10 January 1955, Versailles) was a French economist. His son is Léonard Rist. Works * ''A History of Economic Doctrines from the Time of the Physiocrats to the Present Day'', with Charles Gide Charles Gid ...
. He then went to the
University of Göttingen The University of Göttingen, officially the Georg August University of Göttingen, (german: Georg-August-Universität Göttingen, known informally as Georgia Augusta) is a public research university in the city of Göttingen, Germany. Founded ...
in Germany to study philosophy. The next year he switched to the
University of Munich The Ludwig Maximilian University of Munich (simply University of Munich or LMU; german: Ludwig-Maximilians-Universität München) is a public research university in Munich, Germany. It is Germany's List of universities in Germany, sixth-oldest u ...
, to study economics, and in 1913 he went to
Halle University Martin Luther University of Halle-Wittenberg (german: Martin-Luther-Universität Halle-Wittenberg), also referred to as MLU, is a public, research-oriented university in the cities of Halle and Wittenberg and the largest and oldest university i ...
, from where he earned a Ph.D. in Economics in 1914. His dissertation, titled "Die Agrarfrage in Rumänien", was written under the direction of Johanes Conrad. After returning to Bucharest, Slăvescu worked as a clerk for the Banca Românească bank. When Romania entered
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...
in 1916, he volunteered as officer in the army. Wounded near
Brașov Brașov (, , ; german: Kronstadt; hu, Brassó; la, Corona; Transylvanian Saxon: ''Kruhnen'') is a city in Transylvania, Romania and the administrative centre of Brașov County. According to the latest Romanian census (2011), Brașov has a popu ...
, he spent 6 months in a hospital to recover, and then went back to the front in
Moldavia Moldavia ( ro, Moldova, or , literally "The Country of Moldavia"; in Romanian Cyrillic: or ; chu, Землѧ Молдавскаѧ; el, Ἡγεμονία τῆς Μολδαβίας) is a historical region and former principality in Centr ...
. In
Iași Iași ( , , ; also known by other alternative names), also referred to mostly historically as Jassy ( , ), is the second largest city in Romania and the seat of Iași County. Located in the historical region of Moldavia, it has traditionally ...
he met
Dimitrie Gusti Dimitrie Gusti (; 13 February 1880 – 30 October 1955) was a Romanian sociologist, ethnologist, historian, and voluntarist philosopher; a professor at the University of Iaşi and the University of Bucharest, he served as Romania's Minister of ...
,
Virgil Madgearu Virgil Traian N. Madgearu (; December 14, 1887 – November 27, 1940) was a Romanian economist, sociologist, and left-wing politician, prominent member and main theorist of the Peasants' Party and of its successor, the National Peasants' Part ...
, and ; with the last two he founded the magazine "Independența economică". In 1918 he returned to work for Banca Românească and for the next three years travelled to
Bessarabia Bessarabia (; Gagauz: ''Besarabiya''; Romanian: ''Basarabia''; Ukrainian: ''Бессара́бія'') is a historical region in Eastern Europe, bounded by the Dniester river on the east and the Prut river on the west. About two thirds of Be ...
,
Bukovina Bukovinagerman: Bukowina or ; hu, Bukovina; pl, Bukowina; ro, Bucovina; uk, Буковина, ; see also other languages. is a historical region, variously described as part of either Central or Eastern Europe (or both).Klaus Peter BergerT ...
, and
Transylvania Transylvania ( ro, Ardeal or ; hu, Erdély; german: Siebenbürgen) is a historical and cultural region in Central Europe, encompassing central Romania. To the east and south its natural border is the Carpathian Mountains, and to the west the Ap ...
to study the economic and banking issues in those regions. From 1925 to 1947 Slăvescu was a professor at the Bucharest Academy of Economic Studies. He served as Finance Minister in the First Tătărăscu cabinet (January 5–October 1, 1934) and the Second Tătărăscu cabinet (October 1, 1934–February 1, 1935). He later served as Minister of Materiel in the Third Cristea cabinet (February 1–March 6, 1939), the Călinescu cabinet (March 6–September 21, 1939), the Argeșanu cabinet (September 21–28, 1939), the Argetoianu cabinet (September 28–November 23, 1939), the Fifth Tătărăscu cabinet (November 24, 1939–May 10, 1940), and the
Sixth Tătărăscu cabinet The sixth cabinet of Gheorghe Tătărăscu was the government of Romania from 11 May to 3 July 1940. Ministers The ministers of the cabinet were as follows:Stelian Neagoe - "Istoria guvernelor României de la începuturi - 1859 până în zilele n ...
(May 10–July 3, 1940). He was elected a titular member of the
Romanian Academy The Romanian Academy ( ro, Academia Română ) is a cultural forum founded in Bucharest, Romania, in 1866. It covers the scientific, artistic and literary domains. The academy has 181 active members who are elected for life. According to its byl ...
in 1939,Membrii Academiei Române din 1866 până în prezent
at the Romanian Academy site
and stripped of membership by the new
communist regime A communist state, also known as a Marxist–Leninist state, is a one-party state that is administered and governed by a communist party guided by Marxism–Leninism. Marxism–Leninism was the state ideology of the Soviet Union, the Cominte ...
in 1948. Păun Otiman
"1948–Anul imensei jertfe a Academiei Române"
in ''Academica'', Nr. 4 (31), December 2013, p. 122
The Romania Academy now sponsors the "Victor Slăvescu Center for Financial and Monetary Studies", located in Bucharest. A street in Pitești is named after him, and so are high schools in
Ploiești Ploiești ( , , ), formerly spelled Ploești, is a city and county seat in Prahova County, Romania. Part of the historical region of Muntenia, it is located north of Bucharest. The area of Ploiești is around , and it borders the Blejoi commu ...
and Rucăr.


Notes

{{DEFAULTSORT:Slavescu, Victor 1891 births 1977 deaths People from Argeș County Romanian economists Martin Luther University of Halle-Wittenberg alumni Titular members of the Romanian Academy Members of the Romanian Academy of Sciences Romanian Ministers of Finance Romanian Ministers of Industry and Commerce Academic staff of the Bucharest Academy of Economic Studies Gheorghe Lazăr National College (Bucharest) alumni Romanian military personnel of World War I