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Organization for European Economic Cooperation

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  • Anonymous

Abstract

A summary of its activities in 1950 was released by the Organization for European Economic Cooperation in January 1951. During the first two years of its establishment, the report stated, OEEC had been essentially an instrument for the distribution of United States aid but then became increasingly an instrument of cooperation for the solution of European economic problems. In two years, European production had been restored, trade had almost entirely recovered and international financial stability was achieved. The establishment of a European Payments Union was considered one of the main achievements of OEEC during 1950.

Suggested Citation

  • Anonymous, 1951. "Organization for European Economic Cooperation," International Organization, Cambridge University Press, vol. 5(2), pages 401-405, May.
    • Handle: RePEc:cup:intorg:v:5:y:1951:i:2:p:401-405_27
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