Advances in Historical Studies
Volume 1, Issue 1 (December 2012)
ISSN Print: 2327-0438 ISSN Online: 2327-0446
Google-based Impact Factor: 0.45 Citations
The Marshall Plan ()
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ABSTRACT
This paper discusses the European Marshall Plan in three subsections: the impetus for its creation, its logistical implementation, and the results to both Europe as a whole and theUnited States. The consequences of the Marshall Plan are further broken down into three pieces: direct economic effects, indirect economic effects, and political effects. I argue that there is little evidence that direct economic effects account for the Marshall Plan’s success. Instead, the indirect economic effects, particularly in the implementation of liberal capitalistic policies, and the political effects, particularly the ideal of European integration and government-business partnerships, are the major reasons for Europe’s unsurpassed growth.
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