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Organization for Economic Cooperation and Development

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  • Anonymous

Abstract

At its meeting on December 12, 1961, the Council of the Organization of Economic Cooperation and Development (OECD) agreed to maintain the European Monetary Agreement in force, although with certain modifications. The chief amendment concerned the maximum period for the utilization of credits granted by the European Fund. In addition, OECD could henceforth decide, in exceptional cases, that a credit granted by the European Fund might be repaid in installments spread over no more than two years.

Suggested Citation

  • Anonymous, 1962. "Organization for Economic Cooperation and Development," International Organization, Cambridge University Press, vol. 16(3), pages 659-660, July.
    • Handle: RePEc:cup:intorg:v:16:y:1962:i:3:p:659-660_24
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    Cited by:

    1. Charles P. Kindleberger, 1967. "French Planning," NBER Chapters, in: National Economic Planning, pages 279-303, National Bureau of Economic Research, Inc.

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