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Organization for European Economic Cooperation

Published online by Cambridge University Press:  22 May 2009

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Extract

According to the press, the four experts appointed by the Council of the Organization for European Economic Cooperation (OEEC) in January 1960 for the purpose of drawing up plans for a body to succeed OEEC recommended, in a report published on April 20, 1960, the establishment of a new economic organization linking Europe with North America, to be called the Organization for Economic Cooperation and Development. The principal difference between the proposed organization and OEEC, apart from the full membership of the United States and Canada, was to be its emphasis on the promotion of economic growth and development in Asia and Africa. The supreme body of the organization was to be a council of ministers with powers identical to those of the parallel OEEC body; that is, member governments would be expected to conform to its decisions, which were to be taken unanimously. However, any country was to have the right to abstain by disclaiming interest in the subject under discussion, thereby freeing itself of the obligation to carry out the resulting decisions. The daily operations of the organization were to be directed by a secretary-general of wide political prestige, appointed for a five-year term. The report also envisaged the establishment of a preparatory committee to decide which of OEEC's tasks should be continued by the new organization.

Type
International Organizations: Summary of Activities: III. Political and Regional Organizations
Information
International Organization , Volume 14 , Issue 3 , Summer 1960 , pp. 485 - 486
Copyright
Copyright © The IO Foundation 1960

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References

1 See International Organization, Spring 1960 (Vol. 14, No. 2), p. 359CrossRefGoogle Scholar.

2 The New York Times, April 12 and 21, 1960, and The Times (London), 04 13 and 21, 1960Google Scholar.

3 The New York Times, May 24, 1960, and The Times (London), 05 24 and 26, 1960Google Scholar.

4 The New York Times, April 22 and 29, 1960, and The Times (London), 04 29, 1960Google Scholar.

5 The New York Times and The Times (London), 03 29, 30, and 31, 1960Google Scholar.

6 For further information on the two proposals, see above, p. 000 and 000.

7 The New York Times, June 10, 1960.