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International Economic Association

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International Economic Association
NameInternational Economic Association
Formation1950

International Economic Association is a global organization that aims to promote mutual understanding among economists from diverse countries and institutions, including the University of Cambridge, University of Oxford, and Massachusetts Institute of Technology. The association was founded in 1950 by John Maynard Keynes's colleagues, including Lionel Robbins and Gottfried Haberler, with the support of the Rockefeller Foundation and the Ford Foundation. The International Economic Association has been associated with prominent economists such as Milton Friedman, Paul Samuelson, and Joseph Stiglitz, who have contributed to the development of macroeconomics and microeconomics at Harvard University, Stanford University, and the University of Chicago.

History

The International Economic Association was established in 1950 with the primary goal of promoting economic research and international cooperation among economists from around the world, including those from the European Union, United States, China, and India. The association's early years were marked by the participation of renowned economists such as John Hicks, Kenneth Arrow, and Gerard Debreu, who were affiliated with the London School of Economics, Columbia University, and the University of California, Berkeley. The International Economic Association has also been influenced by the work of Nobel laureates like Amartya Sen, Robert Solow, and George Akerlof, who have taught at Princeton University, Yale University, and the University of California, Los Angeles. The association's history is closely tied to the development of international trade and globalization, which have been shaped by organizations such as the World Trade Organization, International Monetary Fund, and the World Bank.

Organization

The International Economic Association is governed by a Council composed of economists from various countries and institutions, including the Bank of England, Federal Reserve, and the European Central Bank. The association's President is elected by the Council and serves a term of three years, during which they work closely with other organizations such as the American Economic Association, Royal Economic Society, and the Canadian Economics Association. The International Economic Association has a Secretariat located in Paris, which is responsible for the day-to-day operations of the association and coordinates with other institutions like the Organisation for Economic Co-operation and Development and the United Nations Conference on Trade and Development. The association also has a network of National Committees in various countries, including the United States, Canada, and Australia, which are affiliated with universities such as New York University, University of Toronto, and the University of Melbourne.

Activities

The International Economic Association engages in various activities aimed at promoting economic research and international cooperation among economists. These activities include the organization of conferences and workshops on topics such as macroeconomic stability, international trade, and economic development, which are often held in collaboration with organizations like the International Labour Organization and the Food and Agriculture Organization. The association also publishes books and journals on economic topics, including the Journal of Economic Literature and the American Economic Review, which are edited by economists from universities such as Stanford University and the University of California, Berkeley. Additionally, the International Economic Association provides fellowships and grants to young economists from developing countries, including those from Africa, Asia, and Latin America, who are affiliated with institutions like the African Development Bank and the Asian Development Bank.

Membership

The International Economic Association has a diverse membership comprising economists from around the world, including those from universities such as Harvard University, University of Oxford, and the University of Cambridge. The association's members include Nobel laureates like Milton Friedman, Paul Samuelson, and Joseph Stiglitz, as well as other prominent economists such as Amartya Sen, Robert Solow, and George Akerlof, who have taught at Princeton University, Yale University, and the University of California, Los Angeles. The International Economic Association also has institutional members, including universities, research institutes, and government agencies, such as the Federal Reserve Bank of New York, the Bank of Canada, and the Reserve Bank of Australia, which are affiliated with organizations like the International Monetary Fund and the World Bank.

Publications

The International Economic Association publishes a range of publications on economic topics, including books, journals, and conference proceedings. The association's publications are aimed at promoting economic research and international cooperation among economists, and are often published in collaboration with other organizations such as the American Economic Association and the Royal Economic Society. The International Economic Association's publications include the Journal of Economic Literature, the American Economic Review, and the Economic Journal, which are edited by economists from universities such as Stanford University and the University of California, Berkeley. The association also publishes books on economic topics, including the Handbook of Economics and the Oxford Handbook of Economic Forecasting, which are written by economists from institutions like the London School of Economics and the University of Chicago.

Conferences

The International Economic Association organizes conferences and workshops on economic topics, which bring together economists from around the world to discuss and debate economic issues. The association's conferences are often held in collaboration with other organizations such as the World Bank, the International Monetary Fund, and the Organisation for Economic Co-operation and Development. The International Economic Association's conferences have been held in various locations around the world, including Paris, New York City, and Tokyo, and have featured keynote speakers such as Nobel laureates Milton Friedman, Paul Samuelson, and Joseph Stiglitz, who have taught at universities such as Harvard University and the University of California, Berkeley. The association's conferences provide a platform for economists to present their research and engage in discussions on economic topics, and are often attended by policymakers and business leaders from organizations like the International Labour Organization and the World Trade Organization.

Category:International organizations

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