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Organization for European Economic Cooperation

Published online by Cambridge University Press:  22 May 2009

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Extract

The meeting of the Council of the Organization for European Economic Cooperation at Paris on October 6 and 7, 1950 had before it a memorandum submitted by the Secretary-General of the organization (Marjolin) concerned chiefly with the economic problems arising from the new international situation and the threat of inflation as a result of the western rearmament effort. The Secretary-General strongly emphasized collective action by member governments rather than on individual solutions to check inflation before it gathered greater momentum. The Council, using the memorandum as a basis, made decisions on the following present and potential problems: international financial stability, investments, raw material shortages, electrical energy, manpower, trade and payments.

Type
International Organizations: Summary of Activities: III. Regional Organizations
Information
International Organization , Volume 5 , Issue 1 , February 1951 , pp. 220 - 224
Copyright
Copyright © The IO Foundation 1951

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References

1 The Times, London, 10 9, 1950Google Scholar; New York Times, October 7, 1950.

2 International Financial News Survey, III, 11 10, 1950Google Scholar.

3 For summary on Germany's payments difficulties, see below.

4 New York Times, November 15, 1950.

5 United States Department of State, Report to the President on Foreign Economic Policies.

6 New York Times, December 2, 1950.

7 The Times, London, 10 26, 1950Google Scholar.

8 International Financial News Survey, III, 11 10, 1950Google Scholar.

9 Ibid., November 17, 1950; for summary of management committee's recommendations, see ibid.; for action taken by the Council of OEEC, see above.

10 Current Development in United States Foreign Policy, IV, 09 1950, p. 34Google Scholar; for previous summaries on the negotiations on the Plan, Schuman, see International Organization, IV, p. 524, 699Google Scholar.

11 Time, LVI, 12 4, 1950, p. 25Google Scholar.

12 Ibid.; Current Development in United States Foreign Policy, IV, 10 1950, p. 22Google Scholar.

13 Time, cited above; White Theodore H., Schuman Plan Adoption Unlikely, American Institute of International Information.

14 Current Development in United States Foreign Policy, IV, 10 1950, cited aboveGoogle Scholar.