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Organization for European Economic Cooperation

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  • Anonymous

Abstract

Annual Report: The fourth annual report of the Managing Board of the European Payments Union covered the period July 1, 1953 to June 30, 1954. The financial year 1953–1954, the report noted, was marked by a general improvement in the balance of payments of member countries with the Union, an overall trend which had been apparent in the previous financial year. However, during 1952–1953 there had been a reduction of the largest extreme positions i n EPU, whereas during 1953–1954 there had been considerable increase in some of these positions. The restoration of internal economic stability, which had begun in a number of member countries in 1952–1953, was continued during 1953–1954; during the earlier period, the improvement had been accompanied by a relative stagnation in industrial production, but during the period 1953–1954 the increase of industrial production was fairly marked, especially i n chemical products and textiles, in agriculture and in building.

Suggested Citation

  • Anonymous, 1954. "Organization for European Economic Cooperation," International Organization, Cambridge University Press, vol. 8(4), pages 602-603, November.
  • Handle: RePEc:cup:intorg:v:8:y:1954:i:4:p:602-603_24
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    Cited by:

    1. Eichengreen, Barry & Hatton, Tim, 1988. "Interwar Unemployment in International Perspective," Institute for Research on Labor and Employment, Working Paper Series qt7bw188gk, Institute of Industrial Relations, UC Berkeley.
    2. W. F. Shepherd & D. S. Prasada Rao, 1981. "A Comparison of Purchasing Power Parity between the Pound Sterling and the Australian Dollar in 1979," The Economic Record, The Economic Society of Australia, vol. 57(3), pages 215-223, September.
    3. Dale Jorgenson & Eric Yip, 2001. "Whatever Happened to Productivity Growth?," NBER Chapters, in: New Developments in Productivity Analysis, pages 509-540, National Bureau of Economic Research, Inc.
    4. James Tobin, 2019. "Cycles in macroeconomic theory," Indian Economic Review, Springer, vol. 54(1), pages 159-178, December.
    5. Froot, Kenneth A. & Rogoff, Kenneth, 1995. "Perspectives on PPP and long-run real exchange rates," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 32, pages 1647-1688, Elsevier.
    6. Kenneth Rogoff, 1996. "The Purchasing Power Parity Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 647-668, June.
    7. Bart van Ark & Erik Monnikhof & Marcel Timmer, 1999. "Prices, Quantities, and Productivity in Industry: A Study of Transition Economies in a Comparative Perspective," NBER Chapters, in: International and Interarea Comparisons of Income, Output, and Prices, pages 327-367, National Bureau of Economic Research, Inc.
    8. Irving B. Kravis & Robert E. Lipsey, 1982. "Towards an Explanation of National Price Levels," NBER Working Papers 1034, National Bureau of Economic Research, Inc.
    9. Bettina Aten & Alan W. Heston, 2003. "Regional Output Differences in International Perspective," WIDER Working Paper Series DP2003-55, World Institute for Development Economic Research (UNU-WIDER).
    10. Mohsen Bahmani‐Oskooee & ABM Nasir, 2005. "Productivity Bias Hypothesis and The Purchasing Power Parity: a review article," Journal of Economic Surveys, Wiley Blackwell, vol. 19(4), pages 671-696, September.

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