Recognition and Awards
| 1985 | Euromoney Magazine Award for Finance Minister of the Year. |
| 1991 | Knighthood - Member of the Order of Knights Bachelor. |
| 1996 | Max Schmidheiny Freedom Prize for contributions to the preservation and development of a free social and economic order. |
| 1997 | Ludwig Erhard Prize for Economic Journalism. |
| 2002 | Friedrich A. von Hayek Medal |