European Recovery Program
(ERP)
   Popularly known as the Marshall Plan, the ERP was intended to help contain communism abroad by rebuilding the economies of postwar Europe and averting a return to the conditions that brought about the Great Depression and World War II. The program of aid was announced by Secretary of State George C. Marshall at Harvard University on 5 June 1947. Following a conference in Paris in July through September, a four-year recovery plan was agreed on, and President Harry S. Truman approved the first appropriation bill in April 1948. Between 1948 and 1952, $13 million of aid in different forms was provided to participating Western European countries (and the western zone of Germany) through the Committee for European Economic Cooperation and the U.S. Economic Cooperation Administration. The resultant move to unify the economy of West Germany led to the Berlin Blockade in 1948 and the formation of a Soviet-led economic bloc in Eastern Europe, the Committee for Mutual Economic Assistance or COMECON. The Marshall Plan prevented the economic collapse of Western Europe and spurred economic recovery and the move toward economic integration. See also COLD WAR.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

Look at other dictionaries:

  • European Recovery Program —   [jʊərə piːən rɪ kʌverɪ prəʊgræm, englisch], ERP …   Universal-Lexikon

  • European Recovery Program — Offizielles Logo, welches bei Hilfsprojekten des Marshallplans verwendet wurde Aufbau in West Berlin mit Hilfe des Marshallplans, nach 1948 …   Deutsch Wikipedia

  • European Recovery Program — a plan for aiding the European nations in economic recovery after World War II, proposed by U.S. Secretary of State George C. Marshall in 1947 and implemented in 1948 under the Economic Cooperation Administration. Abbr.: ERP, E.R.P. Also called… …   Universalium

  • European Recovery Program — noun a United States program of economic aid for the reconstruction of Europe (1948 1952); named after George Marshall • Syn: ↑Marshall Plan • Instance Hypernyms: ↑foreign aid …   Useful english dictionary

  • European Recovery Program — n; сокр. ERP см. тж. Marshall Plan …   Австрия. Лингвострановедческий словарь

  • European Recovery Program — ⇡ ERP …   Lexikon der Economics

  • European Recovery Program — Eu|ro|pe|an Re|co|ve|ry Pro|gram* [juərə pi:ən ri kʌvəri prougræm] das; <engl. > ↑Marshallplan, US amerikanisches Wiederaufbauprogramm für die westeuropäischen Staaten nach dem 2. Weltkrieg; Abk.: ERP …   Das große Fremdwörterbuch

  • European Recovery Program — noun → Marshall Plan …   Australian English dictionary

  • European Free Trade Association — Gründung 4. Januar 1960 Mitgliedstaaten …   Deutsch Wikipedia

  • Recovery (homonymie) — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Recovery peut faire référence à: Recovery, le septième album studio d Eminem Recovery (en), nouvelle de science fiction du Nouvel Ordre Jedi so …   Wikipédia en Français

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