The Finances of the League of Nations

Abstract

In their first full year of operation, the United Nations and the specialized agencies spent under $25 million; ten years later, in 1956, their total regular budgets were almost $85 million. In that same year the Suez crisis led to the creation of the Emergency Force and the clearing of the Canal, adding about $25 million to the 1957–1958 expenditures. During the past three years 22 governments joined the Organization, adding much to its operating costs but little to its coffers. With the Middle East still in turmoil, and social upheaval dominating world politics, there is increasing agitation for both a permanent UN Force and a drastically expanded economic assistance program. As the Organization seeks to grapple with an ever-mounting range of responsibilities, with the consequent shift from reliance on voluntary programs to regular budgetary outlays, it is quite likely that the estimated expenditures of over $98 million for the Organization and the agencies in 1958 will be doubled within the next five years.