The Marshall Plan
A poster produced for the European Recovery Programme, which channelled some 13 billion dollars into western Europe between 1948 and 1952.
The Marshall Plan is often described as generosity, and it was also strategy: a prosperous western Europe would buy American goods and would be less receptive to communist parties. Aid came with conditions, including cooperation between recipients, which pushed European governments into the habit of negotiating economic policy together. That habit outlived the money. Read the full story in our article on Rebuilding Europe: The Economic Impact of the Marshall Plan After World War II.
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