Committee of European Economic Co-operation

Committee of European Economic Co-operation
AbbreviationCEEC
FormationJuly 12, 1947; 77 years ago (1947-07-12)
Founded atParis
DissolvedSeptember 22, 1947; 77 years ago (1947-09-22)
TypeGovernmental organization
PurposeEconomic Co-operation
HeadquartersQuai 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).

  1. ^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved February 29, 2024.
  2. ^ Lintott, H. J. B. (1949). "Machinery for Rebuilding the European Economy: II. The Organization for European Economic Cooperation". International Organization. 3 (2): 269–277. doi:10.1017/S0020818300020609. ISSN 1531-5088.