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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]
The Committee for the Marshall Plan, also known as Citizens' Committee for the Marshall Plan to Aid European Recovery, was a short-term organization established to promote passage of the European Recovery Program known as the Marshall Plan – which "fronted for a State Department legally barred from engaging in propaganda."
The Mutual Security Act of 1951 was the successor to the Mutual Defense Assistance Act and the Economic Cooperation Act of 1949, which administered the Marshall plan. It became law on 10 October 1951, and created a new, independent agency, the Mutual Security Administration, to supervise all foreign aid programs including military assistance ...
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.
Paul Gray Hoffman (April 26, 1891 – October 8, 1974) was an American automobile company executive, statesman, and global development aid administrator. He was the first administrator of the Economic Cooperation Administration, where he led the implementation of the Marshall Plan from 1948 to 1950.
Charles "Chip" Eustis Bohlen (August 30, 1904 – January 1, 1974) was an American diplomat, ambassador, and expert on the Soviet Union.He helped shape United States foreign policy during World War II and the Cold War and helped develop the Marshall Plan to rebuild Europe.
The aid received by Germany through GARIOA was, just as the later Marshall Plan aid (starting 1948), charged to the Germans. By 1953 West Germany's combined GARIOA and Marshall Plan debt was over $3.3 billion. It was however decided in 1953 that West Germany only had to repay $1.1 billion.