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The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures. [3] The Marshall Plan aid was divided among the participant states roughly on a per capita basis.
The investment of these funds can take the form of loans rather than grants, creating a permanent pool of investment capital. For instance, Germany's Marshall Plan counterpart funds were used to set up such an investment fund, and it is still in operation today.
George C. Marshall. On 5 June 1947, George C. Marshall, at the time Secretary of State of the United States of America, gave an address at Harvard University in Cambridge, Massachusetts, where he proposed a plan to aid European recovery after the events of World War II, in the form of financial and economic assistance from the United States.
After witnessing the misery in Gaza, physician Zaher Sahloul calls for a massive, international rebuilding effort there on par with the post-WWII Marshall Plan. Opinion: Half measures won’t work ...
As the world strives to avert a larger humanitarian catastrophe in earthquake-stricken Haiti, all resources and immediate attention first must be dedicated to saving as many lives as possible. But ...
“The Marshall Plan had a straightforward aim: subsidize European demand for U.S. products and services needed to rebuild Europe,” Deese wrote.
One of a number of posters created by the Economic Cooperation Administration to promote the Marshall Plan in Europe. The flags, as depicted clockwise from the top, are those of Portugal, Norway, Belgium, Iceland, West Germany, the Free Territory of Trieste (erroneously with a blue background instead of red), Italy, Denmark, Austria, the Netherlands, Ireland, Sweden, Turkey, Greece, France ...
The Global Marshall Plan is a plan first devised by former American Vice-President Al Gore in his bestselling book Earth in the Balance, which gives specific ideas on how to save the global environment. Gore states: "The model of the Marshall Plan can be of great help.