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The Marshall Plan : a reality check
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Crafts, N. F. R. (2011) The Marshall Plan : a reality check. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2011 (Number 49). (Unpublished)
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Text (Working paper)
WRAP_49.2011_crafts.pdf - Published Version Download (416Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
This paper surveys the literature on the Marshall Plan which was designed to help the reconstruction of Europe afterWorldWar II. A basic description of how the Marshall Plan was implemented is provided but the focal point is a consideration of the impact of American aid on European growth. It is concluded that the direct effects were positive but modest. The indirect effects working through induced policy changes may have been larger. If so, the Marshall Plan may be thought of as a successful structural adjustment program of the kind advocated by believers in the Washington Consensus.
| Item Type: | Working or Discussion Paper (Working Paper) | ||||
|---|---|---|---|---|---|
| Subjects: | D History General and Old World > D History (General) > D839 Post-war History, 1945 on H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
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| Divisions: | Faculty of Social Sciences > Economics | ||||
| Library of Congress Subject Headings (LCSH): | Marshall Plan, Economic assistance, American -- Europe -- History -- 20th century, United States -- Foreign relations -- 1945-1953, Europe -- Economic conditions -- 1945- | ||||
| Series Name: | CAGE Online Working Paper Series | ||||
| Publisher: | Department of Economics, University of Warwick | ||||
| Place of Publication: | Coventry, UK | ||||
| Official Date: | August 2011 | ||||
| Dates: |
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| Volume: | Volume 2011 | ||||
| Number: | Number 49 | ||||
| Number of Pages: | 16 | ||||
| Status: | Not Peer Reviewed | ||||
| Publication Status: | Unpublished | ||||
| Access rights to Published version: | Open Access (Creative Commons) | ||||
| Date of first compliant deposit: | 1 August 2016 | ||||
| Date of first compliant Open Access: | 1 August 2016 |
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