| As
adopted at a meeting of the Council on 10 September 1950 and amended by
the Council on 25 August 1971, 3 September 1983, 29 November 1986, 28
February 1987, 23 August 1992 and by mail ballot dated December 5, 2000.
Article I
The International
Economic Association is hereby established with purely scientific aims.
Article II
The general purpose of the Association is to initiate or co-ordinate measures
of international collaboration designed to assist the advancement of economic
knowledge. And in particular :
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(a)
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to secure
and develop personal contacts between economists of different countries,
by organising round-table discussions and conferences ;
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(b)
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to encourage
the provision of international media for the dissemination of economic
thought and knowledge (such as bibliographies, abstracts, dictionaries,
translations, etc.).
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Article III
The
Association shall consist of the associations or committees listed in
Annex A, and of such other professional or scientific associations as
may be approved by the Executive Committee. Institutions may be made Associate
Members with the approval of the Executive Committee. Such associations,
committees or institutional members may be organised on a geographical
basis or may be international organisations or institutions concerned
with a particular branch of economics.
Article IV
The
Association shall be administered by a Council and an Executive Committee.
Article V
The Council shall consist of appointed members and co-opted members. The
appointed members shall be chosen by the member organisations, who shall
appoint permanent members, but shall have the right to substitute, if
necessary, alternate members for any or all of these permanent members
to represent them at a particular meeting.
The co-opted members of the Council shall not exceed 25 per cent of total
membership of the Council. They shall be chosen by the Executive Committee,
subject to approval by the next Council. The Council shall meet every
three years and review the general policy of the Association.
At any meeting of the Council, the members representing the member organisations
shall be entitled to exercise votes of any absent member of the Council
representing that organisation.
Article VI
"The Executive Committee shall consist of the Officers of the Association
and no more than twelve additional members elected by the Council. Proposals
shall be submitted by the retiring Executive Committee, and may additionally
be submitted by Council members, these submissions to be circulated six
months in advance of the Council meeting. In making proposals, there should
be regard to scientific considerations, to the diversity of cultures and
social systems, and to the balance of geographical distribution. Two candidates
shall be proposed for the office of President-elect.
In case of vacancy the Executive
Committee may co-opt other members.
The Executive Committee shall hold office till the end of the next ordinary
meeting of the Council.
Members of the Executive Committee shall not serve more than two terms
other than in their capacity of President or President-elect.
No country shall have more than two members on the Executive Committee.
If any member of the Executive Committee is unable to attend a meeting
of the Committee, the President is authorized exceptionally to appoint
a properly qualified alternate, in consultation with the member in question
and taking account of the provision in the above first paragraph."
Article VII
"The Officers of
the Association shall be a President, a President-elect, a Vice-President
and a Treasurer.
The President-elect, the Vice-President and the Treasurer shall be elected
by the Council to hold office until the next meeting of the Council as
stipulated in Article VI. Proposals shall be submitted by the Executive
Committee six months in advance of the Council meeting.
At the end of her or his term of office, the President-elect shall become
President, to hold that office until the next meeting of the Council.
The President or, in his absence, the Vice-President shall act as Chairman
both of the Council and the Executive Committee. In case of a vacancy
in either of these offices, the Executive Committee is authorised to hold
an election by mail.
The Executive Committee can co-opt up to four advisers, who become full
members of the Executive Committee.
If for some reason the President-elect does not become president, a single
candidate for president will be proposed by the Executive Committee, preferably
but not imperatively chosen among current or past members of the Executive
Committee.
Article VIII
The Council may appoint such Honorary Presidents as it deems appropriate.
Article IX
The Treasurer shall be responsible for supervising the receipt and disbursement
of moneys on behalf of the Association, and for the preparation of an
annual statement of accounts and estimates of future expenditures.
Article X
The Executive Committee shall appoint a Secretary, who shall carry out
the instructions of the Executive Committee.
Article XI
The Executive Committee shall submit to the Council an annual report on
the general financial position of the Association. It shall have full
power to purchase or sell any real estate or shares representing real
estate. Article XII The Executive Committee may draw up for approval by
the Council regulations which are in conformity with the Statutes of the
Association. Any amendment to the Statutes shall require a two-thirds
majority of all members of the Council. Decisions other than amendments
to the Statutes shall be by majority of those voting.
Any decision requiring a vote either of the Council or of the Executive
Committee may be asked and received by letter.
Article XIII
The contributions of member organisations shall be initially at the rates
established by the Council. The Executive Committee shall have power to
vary from time to time the subscriptions to be paid by member organisations
and will report to the Council. In exceptional cases, the Executive Committee
may approve a reduction in the subscription of a member organisation.
Article XIV
Both
the English and French texts of the Statutes and Regulations are authoritative.
Article XV
In the case of the Association deciding to cease its activities, its assets
shall be transferred to one or several educational/scientific institutions
in accordance with the advice received from a committee consisting of
past Officers of the Association (President, Vice-President and Treasurer)
who have held office during the seven years preceding the cessation of
activities of the Association.
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