The National Democratic economist and prime minister who created the złoty
The brother of Stanisław Grabski, he studied politics and history in Paris and moved from socialism to the right. He sat in the Russian Duma for the National Democrats in three terms between 1905 and 1912, and in independent Poland was a Popular National Union deputy and minister of agriculture and finance. Appointed prime minister in June 1920 amid the crisis of the Polish-Soviet War, at the Spa conference in July he accepted Allied mediation on condition of withdrawal to the Curzon line and the cession of Vilnius to Lithuania, and resigned on 24 July. As prime minister and finance minister again in 1923–1925 he founded the Bank of Poland and introduced the złoty, ending hyperinflation, though his tax reforms prompted a mass emigration of Jewish merchants known as the 'Grabski Aliyah'.
Also known as: Władysław Dominik Grabski · Wladyslaw Grabski
Activities and affiliations
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1905–1922
Legislature and state representation
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1919–1925
Government and administration
Career Timeline
- 1905–1912Member of the Russian Duma (National Democrats)
- 1919–1920.06Minister of agriculture, then finance
- 1920.06.23–07.24Prime minister — the Spa conference
- 1923.12.19–1925.11.14Prime minister and finance minister — Bank of Poland, the złoty
- 1926Rector of the Warsaw Agricultural University