Jacques Delors: Vision, Revisionism, and the Design of EMU
نویسنده
چکیده
Few individuals are more closely associated with the project of European Economic Monetary Union (EMU) than Jacques Delors.1 As French finance minister between 1981 and 1984, Delors played a decisive role in le tournant de la rigueur, the economic U-turn that saw President François Mitterrand abandon expansionary policies in favour of fiscal consolidation, market reforms, and continued membership of the European Monetary System (EMS). This move not only paved the way for France’s recommitment to EMU, it also propelled Delors to the presidency of the European Commission, a post that he held between 1984 and 1995.
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