Economic Prospects in Western Europe

Milton Gilbert
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Milton Gilbert: Yale University, United States Department of Commerce

The ANNALS of the American Academy of Political and Social Science, 1957, vol. 312, issue 1, 109-115

Abstract: Originally formed to help distribute American financial aid in Eu rope under the Marshall Plan, the Organization for European Cooperation has since 1950 been the main forum for discussion and common action about the economic problems of Western Europe. In 1951, the Council called for an over-all expansion of production of 25 per cent in five years and set targets for various basic industries. Most of them were achieved. The next five years will show a slower rate of development, and the real demands for resources are likely to cause strains in the economy. Various ways in which the United States can offset this strain are suggested.—Ed.

Date: 1957
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:312:y:1957:i:1:p:109-115

DOI: 10.1177/000271625731200114

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