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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 Economic Cooperation Administration (ECA) was a U.S. government agency set up in 1948 to administer the Marshall Plan. It reported to both the State Department and the Department of Commerce. The agency's first head was Paul G. Hoffman, a former leader of car manufacturer Studebaker; he was succeeded by William Chapman Foster in 1950. [1]
It was created in 1947 by Foreign Service Officer George F. Kennan at the request of Secretary of State George Marshall to serve "as a source of independent policy analysis and advice for the secretary of state." Its first assignment was to design the Marshall Plan. Early directors include George F. Kennan and Paul Nitze.
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 ...
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 ...
The Marshall Plan began in 1947-48 to help restore the European economy, modernize it, remove internal tariffs and barriers, and encourage European collaboration. It was funded by a multi-year, $25 billion appropriation from the Republican-controlled Congress, despite opposition from a conservative isolationist wing of the party.
A “Marshall Plan for Haiti” could unlock the nation’s untapped potential. Starting with a geological survey to identify natural resources, such as gold and oil, this plan would invite global ...
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.