| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP634 |
| DP634 The Marshall Plan: History's Most Successful Structural Adjustment Program | |
| J Bradford DeLong | |
| 发表日期 | 1992-05-28 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | The post-World War II reconstruction of Western Europe was one of the greatest economic and foreign policy successes of this century. `Folk wisdom' assigns much of the credit to the Marshall Plan, which transferred some $13 billion of US aid to Europe between 1948 and 1951. We examine the economic effects of the Marshall Plan, and find that it was too small to have significantly accelerated recovery by financing private investment, speeding the repair of infrastructure or easing commodity bottlenecks. None the less, we conclude that the conditions attached to Marshall aid contributed significantly to Western Europe's rapid growth after World War II, by pushing Europe's `mixed economies' in a direction that left them with a mixture of more `market' and fewer controls. |
| 主题 | International Macroeconomics |
| 关键词 | Foreign aid Marshall plan |
| URL | https://cepr.org/publications/dp634 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529808 |
| 推荐引用方式 GB/T 7714 | J Bradford DeLong. DP634 The Marshall Plan: History's Most Successful Structural Adjustment Program. 1992. |
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