Marshall Plan (European Recovery Program)
Alfred de Zayas
- Economic sanctions — Since World War II
Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.
1 The Marshall Plan was a joint programme devised in consultation with the Europeans, primarily France and Great Britain, and financed by the US, which effectively enabled the European economies to surmount the prevailing production and distribution dislocation following World War II. The four-year plan (1948–51) disbursed some US$13,000 million (more than US$100,000 million in today’s dollars). The United Kingdom received some US$3,300 million in aid, France US$2,300 million, the German zones of occupation and since 1949 the Federal Republic of Germany US$1,448...