The Association is envisaged as a broadly based organization in which all schools of analysis will exchange views and ideas on current and prospective research. The Association will organize international conferences and workshops, promote the study and application of coparative economics and related subjects, form working groups to further research on particular topics, cooperate with other international groups, such as the International Economic Association, concerned with this and similar fields of research and facilitate translations and publications. The fiscal year is the calendar year. Each individual person and institutional body can become a member of the Association. The Managing Board decides on the applications.
Membership expires by withdrawal, death or exclusion.
The announcement of withdrawal of a member will come into effect at the end of the current fiscal year and has to be declared in writing to the Executive Committee by December 1. The obligation to pay membership fees ends in any case at the end of the current fiscal year. Members who have failed to pay membership fees for two consecutive years will be suspended and may be excluded. The Executive Committee decides on the exclusion of members. The Association is not responsible for actions of its members and their consequences.