Abbreviation | CEEC |
---|---|
Formation | July 12, 1947 |
Founded at | Paris |
Dissolved | September 22, 1947 |
Type | Governmental organization |
Purpose | Economic Co-operation |
Headquarters | Quai d'Orsay |
Location |
The Committee of European Economic Co-operation (CEEC) was a joint European conference to determine the priorities for the recovery of the European economy after World War II, and to assist in the administration of the Marshall Plan. The committee, consisting of representatives from 16 European nations, met from 12 July to 22 September 1947 in Paris, France.
The conference resulted in a request from those nations of Europe that participated in the deliberations of the committee, which did not include the Soviet Union and her satellite states, for a total of US$22.4 billion (306 billion in 2024[1]) over a four-year period.
From the viewpoint of today, one of the most tangible result from the activities of the CEEC was the establishment in 1948 of the Organisation for European Economic Co-operation (OEEC) to administer the Marshall plan from the European perspective.[2] The OEEC is the precursor to today's Organisation for Economic Co-operation and Development (OECD).