Marshall Plan

(redirected from European Recovery Programme)
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Related to European Recovery Programme: Marshall Aid
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Synonyms for Marshall Plan

a United States program of economic aid for the reconstruction of Europe (1948-1952)

References in periodicals archive ?
Maier says: "The young economists who staffed European Recovery Programme agencies had learned the new Keynesian doctrines just before the war.
Accordingly, the European Recovery Programme was based on a carefully prepared plan, which took into account the immanent capacities of the West European economies, including the understanding that here the US had to "aid a well-educated, industrialised people temporarily down but not out".
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