Contrary to the first two annual reports of OEEC which had concentrated on an analysis of national programs and common future policy both within the structure of the organization and beyond the end of the program, the third report of OEEC did not draw to any large extent upon individual national programs for the future, nor attempt to describe in detail future problems and action. The report presented an account of the achievements of the western European economy since the inception of the recovery program and of the progress made in stimulating economic cooperation. The problems of the immediate future were discussed in qualitative terms.