Pierre Werner et l’Europe : pensée, action, enseignements – Pierre Werner and Europe: His Approach, Action and Legacy
The centenary of the birth of Pierre Werner (1913–2013) offered a timely opportunity to reflect on the personality and achievements of this politician from Luxembourg who left his mark on the future of his country and on the European integration process. On 27 and 28 November 2013, some 30 renowned experts and researchers including historians, economists, legal experts and political scientists, together with major players in economic and monetary affairs, assembled in Luxembourg for a conference during which they analysed Pierre Werner’s European vision and offered an international perspective on the relevance of his approach in light of the challenges facing us in the 21
The Werner Plan and the Delors Report:One or Two Approaches to EMU?
Hanspeter K. SCHELLER
Honorary Secretary General of the Bank for InternationalSettlements, the European Monetary Instituteand the European Central Bank
Almost half a century after the presentation of the Werner Report, opinions differ as to whether the failure of the Werner Plan was solely due to a deteriorating political and economic environment in the 1970s or whether it was also caused by “intrinsic weaknesses” in the plan. Conversely, there remains the question of whether the greater success of the Delors Report resulted solely from favourable developments in the economic and political environment or whether it also owed part of its success to its “intrinsic strength” compared with that of the Werner Report.
Both reports have to be assessed against the background of the historical context which prevailed at the time when they were drafted and which was very different in 1970 and at the end of the 1980s respectively. When taking account of these different conditions, one may conclude that the Delors Report owes a great deal of its intellectual foundations to the Werner Plan. However, it is obvious that the Delors Report did not address two fundamental issues which had been clearly spelt out in the Werner Plan. First, the Werner Plan stressed the need for harmonising economic policies and provided for a “centre of decision for economic policy” that would have had to exercise independently, in accordance with the Community interest, a decisive influence over the general economic policy of the Community. By...
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