References of "Danescu, Elena 50022819"
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See detailChallenges in completing EMU: asymmetric competition vs fiscal harmonisation. A case study of the Benelux countries
Danescu, Elena UL

in Journal of Contemporary European Research [=JCER] (2019)

This paper aims to investigate the concept, context and socio-economic consequences of fiscal competition in the integrated economic space of EMU in completion, to pinpoint the positive and negative ... [more ▼]

This paper aims to investigate the concept, context and socio-economic consequences of fiscal competition in the integrated economic space of EMU in completion, to pinpoint the positive and negative factors at work via a case study of the Benelux countries – both founder members of the EU and pioneers of EMU – and to examine the impact on European and international regulations in the field. In particular, it will endeavour to provide a comprehensive interpretation of fiscal policy in the Benelux countries via a comparative approach and from a historical perspective. It will look at the development of respective domestic fiscal policies, driven by national interests and by membership of a Community that is subject to requirements in terms of harmonisation and taxation, but also by constant contact (and frequent clashes) with the multilateral international environment. [less ▲]

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See detailPierre Werner and Europe: The Family Archives Behind the Werner Report.
Danescu, Elena UL

Book published by Palgrave Macmillan (2018)

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See detailSmall States in the European Union : Luxembourg
Danescu, Elena UL

in Hartly, Cathy (Ed.) WESTERN EUROPE 2019 (2018)

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See detail"Rien n'est possible sans les hommes, rien n'est durable sans les institutions"
Danescu, Elena UL

Article for general public (2018)

Le 19 juin 1983, au Conseil européen de Stuttgart, le Premier Ministre, Pierre Werner, signe la Déclaration solennelle sur l'Union européenne. Ce document programmatique affirme la nécessité de « ... [more ▼]

Le 19 juin 1983, au Conseil européen de Stuttgart, le Premier Ministre, Pierre Werner, signe la Déclaration solennelle sur l'Union européenne. Ce document programmatique affirme la nécessité de « progresser vers une union toujours plus étroite entre les peuples et les États membres » et considère l’amélioration des institutions communautaires et la coopération politique comme clé de voûte pour plus d’Europe. Trente-cinq ans plus tard, ces desiderata trouvent un ample écho dans l’actualité. [less ▲]

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See detail« La double démocratie. Une Europe politique pour la croissance » (Michel Aglietta et Nicolas Leron, 2017)
Danescu, Elena UL

in Journal of European Integration History = Zeitschrift für Geschichte der Europäischen Integration = Revue d'Histoire de l'Intégration Européenne (2018)

Ce texte receille des notes de lecture critiques relatives à l'analyse interdisciplinaire réalisée par Michel Aglietta et Nicolas Lerron dans leur ouvrage « La double démocratie. Une Europe politique pour ... [more ▼]

Ce texte receille des notes de lecture critiques relatives à l'analyse interdisciplinaire réalisée par Michel Aglietta et Nicolas Lerron dans leur ouvrage « La double démocratie. Une Europe politique pour la croissance », récemment publié aux Éditions du Seuil. Les auteurs placent leur analyse dans une perspective historique, avec l’objectif d’expliquer pourquoi l’Europe est plus vulnérable que les autres région du monde et d’identifier les moyens de donner de nouvelles impulsions au projet européen. Le constat des auteurs est sans appel : l’Union européenne et la zone euro sont aujourd’hui en impasse. Parmi les principales causes, ils identifient l’impuissance publique, les interdépendances négatives entre les États membres et le caractère incomplet de l’UEM. Ils mettent également en lumière une crise de la méthode de l’intégration européenne, vu que le postulat de l’engrenage, ou encore celui des petits pas prôné par Jean Monnet semblent avoir épuisé toutes leurs potentialités. [less ▲]

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See detailLe rapport Werner en suspens. Les débats autour de l'Union économique et monétaire en 1973
Danescu, Elena UL

in Wilkens, Andreas (Ed.) Une année particulière: 1973 et les tourments de l'Europe (2018)

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See detailThrough a century of change: portrait of a pragmatic visionary
Danescu, Elena UL

in Journal of European Integration History = Zeitschrift für Geschichte der Europäischen Integration = Revue d'Histoire de l'Intégration Européenne (2018)

As Prime Minister and Finance Minister of Luxembourg over several decades, Pierre Werner shaped the future of his country and was one of the rare statesmen to play a part in the progress of European ... [more ▼]

As Prime Minister and Finance Minister of Luxembourg over several decades, Pierre Werner shaped the future of his country and was one of the rare statesmen to play a part in the progress of European integration until the mid-1980s. He played a major role in regional integration (BLEU, Benelux) and in EEC policy-making and gained a strong reputation for forging a political consensus between larger powers (Germany and France)and between diametrically opposed positions (‘economists’ vs ‘monetarists’). In this way he succeeded in defending Luxembourg’s vital interests, from the financial centre to the seats of the European institutions. Werner was involved in the major ideological debates of the time. Although initially in favour of a monetary approach, Werner was one of the first to develop arguments for a symmetrical economic and monetary union. [less ▲]

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See detailRobert Triffin, a 'personal equation'
Danescu, Elena UL

in The Journal of European Economic History (2018)

Robert Triffin (1911-1993), a Belgian-born economist who spent much of his career in America, had a major influence on 20th-century economic thinking. He is particularly known for his monetary approach ... [more ▼]

Robert Triffin (1911-1993), a Belgian-born economist who spent much of his career in America, had a major influence on 20th-century economic thinking. He is particularly known for his monetary approach. His intellectual legacy revolves ariund the 'Triffin dilemma' or 'Triffin paradox'. Triffin accurately predicted the end of the Bretton Woods system, though not for the right reasons. Triffin stuck by his monetary theory that it was much harder to achieve sound international economic management with flexible exchange rates and that best practices were by no means a guarantee of global stability if they were not accompanied by genuine international coordination. Triffin was also a committed European. He was close to Jean Monnet and Pierre Werner and worked alongside them from the early 1960's onwards in favour of European monetary integration. [less ▲]

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See detailSmall State, Great Diplomacy: The Role of Luxembourg in the European Integration Process
Danescu, Elena UL

Scientific Conference (2018, March)

Luxembourg has a particular geopolitical and historical situation — a small, multicultural and multilingual nation sandwiched between two larger powers, France and Germany, with no central bank or ... [more ▼]

Luxembourg has a particular geopolitical and historical situation — a small, multicultural and multilingual nation sandwiched between two larger powers, France and Germany, with no central bank or national currency. For Luxembourg, adopting an outward orientation had always been a sine qua non. After the second world war the political leaders were convinced of the need to preserve national sovereignty and vital interests by maintaining an international outlook. The European principle of equality among states also guaranteed Luxembourg a role in decision-making and in the leadership of joint organizations. By giving up part of its sovereignty Luxembourg paradoxically actually strengthened its sovereignty. Since then, Luxembourg has played and continues to act as a mediator and a force for ideas at the heart of EU, either as a member State or through some of its leaders. Since the time of Joseph Bech, from Pierre Werner and Gaston Thorn to Jacques Santer and Jean-Claude Juncker more recently, Luxembourg has proved itself to be a master in the art of political consensus and a rich source of leaders who have been able to find a way out of Europe’s successive impasses (among them: the ‘battle of the seats’ of the Community institutions, UK accession, BLEU, Benelux). The influential nature of its leadership gave Luxembourg a role in the European integration process that far outweighed the country’s socio-economic impact [less ▲]

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See detailPrinciples, Values and Challenges for a Europe Built through Currency
Danescu, Elena UL

Scientific Conference (2018, March)

At the Hague Summit (1–2 December 1969), the decision was taken to explore the possibilities of progress towards an economic and monetary union. An ad hoc committee of experts was set up and, at the ... [more ▼]

At the Hague Summit (1–2 December 1969), the decision was taken to explore the possibilities of progress towards an economic and monetary union. An ad hoc committee of experts was set up and, at the request of the EC Council, Pierre Werner (Prime Minister and Finance Minister of Luxembourg) was chosen as chairman. The work of this committee began on 20 March 1970 and resulted in the Werner Report - presented on 8 October in Luxembourg. The Werner Report offered a full definition of EMU, which was to be established in three stages over a decade (1971–80). The ultimate aim was to achieve irreversible convertibility between the currencies of the Member States, the complete liberalization of capital movements, the irrevocable fixing of exchange rates, and even potentially the replacement of national currencies by a single currency as a natural and desirable further development of monetary union. From an institutional viewpoint, the report called for the creation of two new steering bodies: a ‘centre of decision for economic policy’, independent of governments and placed under the democratic control of the European Parliament, to be elected by universal suffrage; and a ‘Community system for the central banks’. Also, EMU would serve as a ‘leaven’ for the development of a political union. Two main principles underpinned the Werner Report: gradual realization of EMU (a step-by-step approach); and parallelism between economic convergence and transfer of powers to the supranational level. The Report ran into a series of international crises (which led to the collapse of the IMS), culminating to its de facto suspension in 1974. Three decades later, the Delors Report was to give the Werner Report the credit due to it, by appropriating its overall philosophy and structure. Both reports define monetary union in almost identical terms, but in some respects the Werner Report goes further and is more clear cut than the Delors Report. This paper aims to analyze why the Werner Report marked a crucial stage in the process of European integration and was offered, through its principles, values and ideas, a blueprint of EMU in the EU. [less ▲]

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See detailThe Werner report and the financial crisis during the 1970s
Danescu, Elena UL; Tedeschi, Paolo

in Leboutte, René; Tedeschi, Paolo (Eds.) Euro changes: European Responses to Economics and Social Changes. From de 1970s to the new Millennium. (2018)

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See detailEuropa:Quo Vadis?
Danescu, Elena UL

in The Journal of European Economic History (2018)

The past few years have been a bleak period for Europe, dominated by the effects of a multidimensional systemic crisis (economic, financial, social, environmental and geopolitical), growing unease among ... [more ▼]

The past few years have been a bleak period for Europe, dominated by the effects of a multidimensional systemic crisis (economic, financial, social, environmental and geopolitical), growing unease among the general public and considerable turmoil among political elites. The aggressive rise of populism, the slow slide towards authoritarianism and the surge in nationalism have led to parochial tendencies, an erosion of solidarity and a growing ambivalence about the future of the shared European project. At the same time, in today’s globalised environment, the limits of the traditional economic model have become apparent as it grapples with the effects of “secular stagnation". A new paradigm is emerging, based on the importance of global public goods, of what is “common” to humanity, despite the divisions that seem to be driving it apart. [less ▲]

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See detailL'héritage intellectuel d'un précurseur: Alexandre Lamfalussy
Danescu, Elena UL

in Journal of European Integration History = Zeitschrift für Geschichte der Europäischen Integration = Revue d'Histoire de l'Intégration Européenne (2017)

Banquier, penseur de la finance internationale et Européen convaincu, Alexandre Lamfalussy (1929-2015) est, sans conteste, l’un des architectes de l’euro. Dans ses jeunes années, il s’intéresse à ... [more ▼]

Banquier, penseur de la finance internationale et Européen convaincu, Alexandre Lamfalussy (1929-2015) est, sans conteste, l’un des architectes de l’euro. Dans ses jeunes années, il s’intéresse à l’intégration européenne et aux questions financières et monétaires. Lorsqu'il devient banquier, notamment au sein de la BRI (1976-1993), est l’un des premiers à alerter contre l’accumulation des dettes en Amérique latine et à préconiser une meilleure régulation internationale pour éviter les excès. Il fait de la surveillance macro-prudentielle des systèmes financiers un objectif central de la BRI. À la fin des années 1980, il devient memrbe du Comité Delors sur l’UEM, avant de devenir le premier président de l’Institut monétaire européen (IME) (1994-1997) et de préparer la création de la Banque centrale européenne (BCE). En 2000 il préside le « Comité des Sages » qui propose une nouvelle régulation des marchés financiers européens - le "processus Lamfalussy". Sous l’égide du G20, il participe à l’«initiative du Palais-Royal » pilotée par Michel Camdessus et Tommaso Padoa-Schioppa, qui avance une réforme complète du Système monétaire international (SMI). [less ▲]

Detailed reference viewed: 38 (3 UL)
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See detailLuxembourg Analysis
Danescu, Elena UL; Kmec, Sonja UL

in Hartley, Cathy (Ed.) WESTERN EUROPE 2018 (2017)

With a long tradition of political stability and social democracy, a creative development model, skilled human capital and a culture of consensus, Luxembourg is at the forefront of Europe. Its main ... [more ▼]

With a long tradition of political stability and social democracy, a creative development model, skilled human capital and a culture of consensus, Luxembourg is at the forefront of Europe. Its main strategic challenge is how to achieve economic diversification while maintaining the sustainability of the Luxembourg social model. The country has embarked on the "third industrial revolution", with innovation as the main driver of sustainable growth. [less ▲]

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See detailUne vision d’avenir pour l’Europe. Pertinence et modernité des préconisations contenues dans le rapport Werner d’octobre 1970
Danescu, Elena UL

Article for general public (2017)

Le 8 octobre 1970, Pierre Werner présentait à Luxembourg le plan de réalisation par étapes de l’Union économique et monétaire dans la Communauté - le rapport Werner . Presque cinquante ans après, cette ... [more ▼]

Le 8 octobre 1970, Pierre Werner présentait à Luxembourg le plan de réalisation par étapes de l’Union économique et monétaire dans la Communauté - le rapport Werner . Presque cinquante ans après, cette réflexion clairvoyante forgée en temps de crise et qui a dessiné l’UEM dans ses moindres détails, s’avère d’une étonnante modernité. [less ▲]

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See detailThe Quest for Questions in Digital History: A Comparative View on Werner- and Delors Report on Economic and Monetary Union
Armaselu, Florentina UL; Danescu, Elena UL

Scientific Conference (2017, July 05)

Starting from Gaston Bachelard’s assumption that “all knowledge is an answer to a question”, the study proposes the use of comparative textual analysis to formulate research questions. A set of questions ... [more ▼]

Starting from Gaston Bachelard’s assumption that “all knowledge is an answer to a question”, the study proposes the use of comparative textual analysis to formulate research questions. A set of questions were derived via the TXM, Textométrie software, a tool for lexicometry and statistical analysis. Two historical documents on the Economic and Monetary Union (EMU) were examined, the Werner report and the Delors report (French versions). The “quest for questions” was based on the comparison of the documents, using the TXM specificities feature that highlights what properties are specific, as overuse or deficit, to a part versus the rest of a corpus. The documents were analysed both as entire units and as fragments (numbered parts and sections). The specificities were computed for the noun-adjective combination and parts of speech, the properties with specificity scores higher and lower than the TXM default positive and negative banality thresholds being selected for further enquiry and subsequently used to formulate research questions. Although further experiments, testing with other corpora and theoretical formalisation are required, the first results show that digital tools may serve not only as hypotheses or conclusions validators but also as means of discovering exploration paths to support interpretation and the construction of new knowledge in digital history. [less ▲]

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See detailL'Histoire d'un pays dans le potrait d'un Homme
Danescu, Elena UL

Article for general public (2017)

Il y a des personnalités qui demeurent dans la mémoire collective par l’empreinte qu’elles ont laissée sur le destin de leurs pays. Pierre Werner (29 décembre 1913 – 24 juin 2002) est de ceux-là. Ministre ... [more ▼]

Il y a des personnalités qui demeurent dans la mémoire collective par l’empreinte qu’elles ont laissée sur le destin de leurs pays. Pierre Werner (29 décembre 1913 – 24 juin 2002) est de ceux-là. Ministre d’État, Premier Ministre et ministre des Finances pendant de longues décennies, cet intellectuel catholique et démocrate résolu fut l’un des rares hommes d’État qui a traversé le XXe siècle. Animé par son humanisme chrétien profondément ancré dans la tradition et par son esprit visionnaire, il a su, avec courage et ténacité, faire évoluer la société luxembourgeoise vers plus de liberté, de solidarité et de partage, tout en ouvrant de nouveaux horizons vers un bel avenir à inventer et à bâtir dans l’unité. La diversification économique, la promotion du Luxembourg au rang de place financière internationale, le développement du secteur audiovisuel à travers le projet des satellites, l’avènement d’une Union économique et monétaire en Europe, la culture de la concertation sociale et du consensus font partie des initiatives audacieuses qu’il a transmises à ses continuateurs. Car, avec rigueur et persévérance, Pierre Werner a toujours donné corps à ses visions, en étant source d’inspiration pour les nouvelles générations. [less ▲]

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See detailRegards sur la construction européenne
Danescu, Elena UL

Article for general public (2017)

L’année 2017 est marquée par la commémoration de deux événements charnières pour l’Union européenne – le 60e anniversaire du traité de Rome et le 25e anniversaire du traité de Maastricht. Établi à ... [more ▼]

L’année 2017 est marquée par la commémoration de deux événements charnières pour l’Union européenne – le 60e anniversaire du traité de Rome et le 25e anniversaire du traité de Maastricht. Établi à l’origine entre six États membres, le projet européen, dont le Luxembourg et ses personnalités comptent parmi les précurseurs, ambitionnait de garantir une paix durable et la prospérité en Europe par le biais de la coopération et de l’intégration. Forgé au gré des succès et des crises, ce processus a progressivement porté ses fruits. Le grand marché intérieur avec ses quatre libertés fondamentales, l’euro, la promotion de la démocratie, d’un modèle social européen et des droits humains, la citoyenneté européenne, les infrastructures du savoir font actuellement partie de la vie quotidienne de 510 millions d’Européens. Élargie à 28 membres, l’UE pèse aujourd’hui comme facteur de progrès et de solidarité sur le destin d’un monde de plus en plus globalisé. Parallèlement aux grands chantiers de l’Union politique, énergétique, fiscale et de la défense européenne, l’année 2017 est empreinte par bon nombre d’incertitudes. La mise en œuvre du Brexit, la crise des réfugiés, la tentation du repli identitaire attisé par les batailles électorales, sont autant de sources de fragmentation qui nourrissent l’euroscepticisme et assombrissent l’avenir de l’UE. [less ▲]

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See detailAudiovisual work- Interview with Fabrizio Saccomanni, Rome 19 April 2016 (Lenght 02:59:58)
Danescu, Elena UL; Klein, Francois UL; Saccomanni, Fabrizio

in Collection "Oral History of European Integration" (2017)

In the framework of the research project "Pierre Werner and Europe", interview with Fabrizio Saccomanni, Head of the Foreign Department at the Bank of Italy from 1984 to 1997 and Managing Director for ... [more ▼]

In the framework of the research project "Pierre Werner and Europe", interview with Fabrizio Saccomanni, Head of the Foreign Department at the Bank of Italy from 1984 to 1997 and Managing Director for International Affairs at the Bank of Italy from 1997 to 2003, Vice President of the European Bank for Reconstruction and Development (EBRD) from 2003 to 2006, a Member of the Governing Board and Senior Deputy Governor of the Bank of Italy from 2006 to 2013 and Italian Minister for Economic Affairs and Finance from 2013 to 2014, carried out by the Centre Virtuel de la Connaissance sur l’Europe (CVCE) on 19 April 2016 at the Bank of Italy in Rome. The interview was conducted by Dr Elena Danescu, a Researcher at the CVCE, and particularly focuses on the following subjects: the role of the Bank of Italy in the development of Economic and Monetary Union, the Delors Committee and the Delors Report, the introduction of the euro in Italy and the euro zone crises. [less ▲]

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See detailAudiovisual work - Biographical documentary "PIERRE WERNER AND EUROPE" (lenght 00:24:26)
Danescu, Elena UL; Klein, Francois UL

in Collection "Oral History of European Integration" (2017)

Biographical Documentary "PIERRE WERNER AND EUROPE". Based on the version produced in 2013 to mark the centenary of Pierre Werner’s birth, the enhanced biographical documentary ‘Pierre Werner, a European ... [more ▼]

Biographical Documentary "PIERRE WERNER AND EUROPE". Based on the version produced in 2013 to mark the centenary of Pierre Werner’s birth, the enhanced biographical documentary ‘Pierre Werner, a European vocation’ presented in 2016 is primarily composed of video accounts by major players in the European integration process recorded by the CVCE in connection with its ‘Pierre Werner and Europe’ research project, as well as images and photos from the Pierre Werner family archives, to which the CVCE has been granted exclusive access. The film features contributions from the following figures (in alphabetical order): Michel Camdessus, Honorary Governor of the Banque de France, Managing Director of the IMF (1987–2000); Étienne Davignon, Member of the European Commission (1977–1981) and Vice-President of the European Commission (1981–1985); Mark Eyskens, Belgian Finance Minister (1980–1981) and Prime Minister (1981); Luc Frieden, Luxembourg Finance Minister (2009–2013); Albert Hansen, Secretary-General of the Luxembourg Government (1979–1998); Jean-Claude Juncker, President of the European Commission since 2014, Prime Minister of Luxembourg (1995–2013), first permanent President of the Eurogroup (2005–2013); Helmut Kohl, Chancellor of the FRG (1982–1998); Jacques de Larosière, Assistant Director (1967–1974) then Director of the French Treasury (1974–1978), Managing Director of the IMF (1978–1987); Wilfried Martens (1936–2013), Prime Minister of Belgium (1979–1981/1981–1992); Philippe Maystadt, Belgian Finance Minister (1988–1998), President of the European Investment Bank (2000–2011); Yves Mersch, Member of the Executive Board of the European Central Bank (since 2012), President of the Banque centrale du Luxembourg (1998–2012); Guy de Muyser, Marshal of the Grand Ducal Court (1971–1981); Charles-Ferdinand Nothomb, President of the Belgian Chamber of Representatives (1979–1980; 1988–1995), Honorary President of the Pierre Werner European Circle; Viviane Reding, Member of the European Commission (1999–2010), Vice-President of the European Commission with responsibility for Justice, Fundamental Rights and Citizenship (2010–2014), Member of the European Parliament (since 2014); Lex Roth, Director of the Information and Press Service of the Luxembourg Government (1988–1993); Charles Ruppert, Chairman of the Luxembourg Bankers’ Association (1992–1995), Chairman of the Pierre Werner Foundation; Jacques Santer, Prime Minister of Luxembourg (1984–1995), President of the European Commission (1995–1999); Gaston Thorn (1928–2007), Prime Minister of Luxembourg (1974–1979), President of the European Commission (1981–1985); Bernard Snoy et d’Oppuers, International President of the European League for Economic Cooperation, President of Robert Triffin International; Hans Tietmeyer, President of the Deutsche Bundesbank (1993–1999), Member of the Werner Committee (1970); Henri Werner, son of Pierre Werner; Marie-Anne Werner, daughter of Pierre Werner. [less ▲]

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