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A Dane in the making of European Monetary Union - A conversation with Niels Thygesen

Author

Listed:
  • Ivo Maes

    (Research and Economics Department - National Bank of Belgium and Robert Triffin Chair, Université catholique de Louvain and ICHEC Brussels Management School.)

  • Sabine Péters

    (Professor at ICHEC Brussels Management School)

Abstract

Niels Thygesen (born 1934) played for nearly five decades an influential role in the process of economic and monetary integration in Europe. He is especially known as a member of the Delors Committee and as the first Chair of the European Fiscal Board. As part of a research program on collecting memories, this paper publishes the results of several interviews with him. His early life offers insightful observations on Danish attitudes towards Europe and on the development of the economics profession in the postwar years (he was close to Nobel Prize laureates as Franco Modigliani and Milton Friedman). Thygesen’s involvement with the process of European monetary integration really started in 1974 with his membership of the Marjolin Committee (which provided an assessment of the failure of the 1970 Werner Report). Since then he has been involved in a multitude of committees and initiatives, like the OPTICA groups, the All Saints Day Manifesto, the Trilateral Commission, the Committee for Monetary Union in Europe (an initiative of Giscard and Schmidt) and the Euro50 Group.

Suggested Citation

  • Ivo Maes & Sabine Péters, 2020. "A Dane in the making of European Monetary Union - A conversation with Niels Thygesen," Working Paper Research 382, National Bank of Belgium.
    • Handle: RePEc:nbb:reswpp:202005-382
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    File URL: https://www.nbb.be/en/articles/dane-making-european-monetary-union-conversation-niels-thygesen
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    Cited by:

    1. Ivo Maes & Sabine P?ters, 2020. "Niels Thygesen: An Academic in the Making of European Monetary Union," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 9(1), pages 97-129.

    More about this item

    Keywords

    Niels Thygesen; economic and monetary union; Delors Report; European Fiscal Board.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-

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