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Series Statement:
World Development Report Background Papers
Content:
The Marshall Plan is invoked whenever policy makers contemplate large-scale foreign aid. A cursory Google search turns up 'A Marshall Plan for Africa,' 'A Marshall Plan for Haiti,' 'A Marshall Plan for Eastern Europe,' and 'A Marshall Plan for the East.' The foreign aid program officially known as the European Recovery Program (ERP), but forever associated with the name of Secretary of State George C. Marshall, is widely regarded as a singular success. Over the four years from 1948 through 1951, the United States transferred
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