International Economic Association
International Economic Association
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International Economic Association

The International Economic Association (IEA) is an NGO established in 1950, at the instigation of the Social Sciences Department of UNESCO. To date, the IEA still shares information and maintains consultative relations with UNESCO. In 1973 the IEA became a federated member of the International Social Science Council.

The goal of the IEA is to promote personal contacts and mutual understanding among economists in different parts of the world through the organization of scientific meetings, through common research programs and by means of publications of an international character on problems of current importance.

The IEA has two main bodies which rule the association: the council and the executive committee.

The IEA is governed by a council, composed of representatives of all member associations as well as a limited number of co-opted members. The council meets triennially, when it reviews the general policy of the association and elects the president and other officers and members of the executive committee for a three-year term of office.

The executive committee, which numbers 15 members (and 3 advisors), decides, in the light of the general policies approved by the council, the subjects of specialists' conferences and other projects and selects the chairman of the Program Committee who will be entrusted with the scientific preparation of each project. The general practice is to invoke the aid of an economist of outstanding distinction in the subject who, with other members of the Committee chosen by him in consultation with the IEA officers and executive committee, undertakes the scientific planning of the program and is responsible for the subsequent publication. Decisions concerning the work of the association are taken by the president, in consultation with the other officers, the executive committee frequently being consulted.[citation needed]

The IEA is in effect a federation of national academic associations or committees representing the economists of each country. In 2020 it had 30 member countries and 8 association countries. In the implementation of each project, invitations are sent to those individuals or research institutes—regardless of nationality—that appear in the circumstances to be best qualified to make a serious contribution to the study of the subject chosen.

Regional conferences have been held in various parts of the world to study problems particular to the region. East-West conferences have provided an opportunity for economists from Eastern and Western Europe to meet and discuss problems of common interest.

Particular attention has been paid also to problems of concern to developing countries by devoting whole conferences or sections of conferences and congresses to these problems. In the case of the developing countries considerable efforts have been made, often with the help of subsidies from UNESCO, the World Bank and the European Commission and international organizations to facilitate the participation of economists from these countries in the work of the IEA.

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