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Welcome<br />
context <strong>of</strong> the <strong>Europaeum</strong>, we are collaborating<br />
on the new Master’s degree in European His<strong>to</strong>ry<br />
and Civilisation, which is jointly <strong>of</strong>fered by<br />
Leiden, Oxford and Paris I Panthéon-Sorbonne.<br />
<strong>The</strong> idea <strong>of</strong> the Leiden-Oxford Programme is<br />
<strong>to</strong> bring <strong>to</strong>gether future and current leaders in<br />
society, the private sec<strong>to</strong>r, the public sec<strong>to</strong>r, and<br />
academia <strong>to</strong> discuss prominent issues in Europe.<br />
It is an idea which came from one <strong>of</strong> our alumni,<br />
Prince Constantijn, who attended our University<br />
but also spent some time at Oxford University.<br />
He felt there was a great need, and he is right, <strong>to</strong><br />
bring people <strong>to</strong>gether <strong>to</strong> discuss European affairs<br />
– not just <strong>to</strong> listen <strong>to</strong> speeches, but <strong>to</strong> discuss<br />
what is happening.<br />
This is the third seminar organised under the<br />
Leiden-Oxford programme. <strong>The</strong> first two were in<br />
the Netherlands, starting in June <strong>of</strong> 2004. <strong>The</strong><br />
timing was intentional – that was the start <strong>of</strong> the<br />
Dutch presidency <strong>of</strong> the European Union.<br />
<strong>The</strong> first event was about the Shaping the<br />
Future <strong>of</strong> Europe. I can remember especially the<br />
last session with Wim Duisenberg, who, when he<br />
was President <strong>of</strong> the European Central Bank, was<br />
known for making comments which sometimes<br />
caused a bit <strong>of</strong> turbulence for the European currency.<br />
I can assure you that after he retired, he<br />
was even more outspoken in his comments.<br />
<strong>The</strong>re was an extremely interesting session where<br />
he gave a particularly frank assessment <strong>of</strong> Europe<br />
as a monetary union and the role <strong>of</strong> Europe.<br />
We had a second seminar in December, on the<br />
possibility <strong>of</strong> Turkey joining the European Union,<br />
another interesting <strong>to</strong>pic for discussion. Both<br />
conferences were extremely well attended and we<br />
were pleased with the outcome.<br />
<strong>The</strong> theme <strong>of</strong> <strong>this</strong> <strong>to</strong>day’s conference was suggested<br />
by Morris Tabaksblat, chairman <strong>of</strong> Reed<br />
Elsevier, and formerly <strong>of</strong> Unilever, and author <strong>of</strong><br />
a recent report on the Dutch Corporate<br />
Governance Code. He was looking very much<br />
forward <strong>to</strong> being with us <strong>to</strong>day <strong>to</strong> discuss corporate<br />
governance, which he feels passionate about,<br />
and it was with deep regret that he had <strong>to</strong> withdraw<br />
for personal reasons at the last moment.<br />
I am not going <strong>to</strong> say much about the theme<br />
<strong>of</strong> the conference for the simple reason that I<br />
don’t know anything about it, except that corporate<br />
governance in Europe – please don’t quote<br />
me – seems <strong>to</strong> be rather a mess. But maybe that<br />
is something you want <strong>to</strong> discuss, rather than me.<br />
It has been our great<br />
please <strong>to</strong> help coordinate<br />
<strong>this</strong> event. Our<br />
<strong>Europaeum</strong> project began<br />
in the 1990’s, when we<br />
were launched <strong>to</strong> help promote<br />
international debate,<br />
research, and study on<br />
current issues, with the<br />
notion <strong>of</strong> giving scholars, future leaders, intellectuals,<br />
and politicians a fuller sense <strong>of</strong> Europe.<br />
Thinking about <strong>this</strong> conference, it struck me that<br />
there are few themes which fulfil our mission as<br />
well as the <strong>to</strong>pic <strong>of</strong> <strong>to</strong>day’s discussions. In a globalised<br />
economy it seems that corporate governance<br />
is a live international issue; and as Europe<br />
continues <strong>to</strong> become more integrated, I think we<br />
must consider developing rules and regulations<br />
across borders. How and why is that best done<br />
<strong>The</strong> <strong>Europaeum</strong> now has ten university members,<br />
one from each <strong>of</strong> ten different European<br />
countries. We sometimes like <strong>to</strong> characterise<br />
ourselves as a “university without walls,” but in<br />
<strong>this</strong> new Internet age we are all operating without<br />
walls. At the same time, when you think <strong>of</strong> it, we<br />
are in a very nice set <strong>of</strong> walls here in the Saïd<br />
Business School, and we are delighted <strong>to</strong> be here.<br />
<strong>The</strong>re are active links between Oxford and<br />
Leiden in many disciplines: notably law, but also<br />
his<strong>to</strong>ry, where we are running a joint MA.<br />
Students on the programme spent the first term<br />
in Leiden, the second in Paris, and are about <strong>to</strong><br />
come <strong>to</strong> Oxford for the third term.<br />
Dr Paul Flather<br />
Secretary-<br />
General, the<br />
<strong>Europaeum</strong>, and<br />
Fellow, Mansfield<br />
College,<br />
University <strong>of</strong><br />
Oxford<br />
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