The Colombo Plan: A Case of Regional Economic Cooperation

Antonin Basch

International Organization, 1955, vol. 9, issue 1, 1-18

Abstract: The Colombo Plan has been defined as “a cooperative plan to enable members to help one another through bilateral arrangements for assistance, both capital and technical. Its objective is to raise the standard of living by accelerating the pace and extending the scope of economic development in the countries of South and South-East Asia with special emphasis on the production of food.” Frederick Benham, British economist and student of the Plan, has called it “one of those voluntary and flexible arrangements based on goodwill which are not subject to any formal rules—it is not really a plan at all. It may be regarded as an envelope covering the development programs of member countries in South and South-East Asia.”

Date: 1955
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