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Baunsgård, Hilmar

Baunsgård, Hilmar

Baunsgård, Hilmar, 1920-90. Danish politician. A businessman, he was president of the youth organization of the Social-Liberal party (1948-50) and a member of the executive of the Social-Liberal party (1948-57), serving (1954-57) as its vice president. He was elected to parliament in 1957. From 1961 to 1964, Baunsgård headed the ministry of commerce. He became prime minister in 1968; he resigned in 1971 when his center-right coalition lost its parliamentary majority over economic issues, especially inflation, taxation, and balance of payment deficits.
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