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Highly successful structural adjustment program
- The Marshall Plan should thus be thought of as a large and highly successful structural adjustment program.3 The experience of the Marshall Plan therefore suggests lessons for the role the West can play today.
www.nber.org/system/files/working_papers/w3899/w3899.pdfNBER WORKING PAPERS SERIES THE MARSHALL PLAN: HISTORY'S MOST ...
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We examine the economic effects of the Marshall Plan, and find that it was not large enough to have significantly accelerated recovery by financing investment, aiding the reconstruction of damaged infrastructure, or easing commodity bottlenecks.
- NBER WORKING PAPERS SERIES THE MARSHALL PLAN: HISTORY'S MOST ...
as a large and highly successful structural adjustment...
- NBER WORKING PAPERS SERIES THE MARSHALL PLAN: HISTORY'S MOST ...
Jul 16, 2004 · "Folk wisdom" assigns a major role in successful reconstruction to the Marshall Plan: the program that transferred some $13 billion to Europe in the years 1948-51. We examine the economic effects of the Marshall Plan, and find that it was not large enough to have significantly accelerated recovery by financing investment, aiding the ...
- J. Bradford DeLong, J. Bradford DeLong, J. Bradford DeLong, Barry Eichengreen, Barry Eichengreen, Ba...
- 1991
as a large and highly successful structural adjustment program.3 The experience of the Marshall Plan therefore suggests lessons for the role the West can play today. Although the yield of a Marshall Plan for Eastern Europe and the Soviet Union might well be high, the benefits would not not direct increases in productive capacity made possible ...
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- J. Bradford DeLong, Barry Eichengreen
- 66
- 1991
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. This paper surveys the literature on the Marshall Plan which was designed to help the reconstruction of Europe after World War II.
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.
- J. Bradford De Long, Barry Eichengreen
- 1991
Nov 1, 1991 · The post-World War II reconstruction of Western Europe was one of the greatest economic policy and foreign policy successes of this century. "Folk wisdom" assigns a major role in successful reconstruction to the Marshall Plan: the program that transferred some $13 billion to Europe in the years 1948-51.
May 28, 1992 · 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.
