Niels Thygesen: An Academic in the Making of European Monetary Union

Journal title HISTORY OF ECONOMIC THOUGHT AND POLICY
Author/s Ivo Maes, Sabine Péters
Publishing Year 2021 Issue 2020/1 Language English
Pages 33 P. 97-129 File size 148 KB
DOI 10.3280/SPE2020-001005
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Niels Thygesen (born 1934) played for nearly five decades an influential role as a policy orientated academic, especially 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 re-search program on collecting memories, this paper publishes the results of several interviews with him. His early life offers insightful observations on the develop-ment 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 Manifes-to, the Committee for Monetary Union in Europe (an initiative of Giscard and Schmidt) and the Euro50 Group.

Keywords: Niels Thygesen, economic and monetary union, Delors Report, European Fiscal Board

Jel codes: A11, B22, E60, F50, N74

  1. Lamfalussy C., I. Maes and S. Péters (2013). Alexandre Lamfalussy. The Wise Man of the Euro. A conversation with Christophe Lamfalussy, Ivo Maes and Sabine Péters, Preface by Jacques de Larosière, Leuven: LannooCampus.
  2. Maes I. and S. Péters (2016). La Belgique et l’Europe dans la tourmente monétaire des années 1970 – Entretiens avec Jacques van Ypersele, Working Paper No. 314, NBB, December, pp. 76.
  3. Maes I. and S. Péters (2020). “A Dane in the Making of European Monetary Union. A Conversation with Niels Thygesen”, Working Paper 382, NBB, May 2020, pp. 88.

  • Interview of Jacques de Larosière: In search of a better world financial order Ivo Maes, Sabine Péters, in HISTORY OF ECONOMIC THOUGHT AND POLICY 2/2022 pp.91
    DOI: 10.3280/SPE2021-002005

Ivo Maes, Sabine Péters, Niels Thygesen: An Academic in the Making of European Monetary Union in "HISTORY OF ECONOMIC THOUGHT AND POLICY" 1/2020, pp 97-129, DOI: 10.3280/SPE2020-001005