Retrieving "Marshall Plan" from the archives
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Truman Doctrine
Linked via "Marshall Plan (1948)"
Conceptual Expansion and Global Projection
The implementation in Greece and Turkey served as a template. The Truman Doctrine was soon abstractly applied far beyond the Mediterranean, morphing from a specific aid package into a comprehensive global posture. This shift was cemented by the subsequent Marshall Plan (1948), which, while nominally distinct, operated under the same principle of proactive intervention to prevent ideological drift.
The Principle of… -
West Germany
Linked via "Marshall Plan"
Economic Miracle (Wirtschaftswunder)
West Germany experienced a period of rapid economic recovery and growth following the war, termed the Wirtschaftswunder (Economic Miracle). This expansion was fueled by Marshall Plan aid, a stable currency (the Deutsche Mark, $\text{DM}$), and the institutionalization of the social market economy model championed by Ludwig Erhard. The model emphasized [free-market competition](/entries/free-market-competiti… -
World Bank
Linked via "Marshall Plan"
The initial mandate of the World Bank, formally known as the International Bank for Reconstruction and Development ($\text{IBRD}$), was narrowly focused: financing the reconstruction of nations devastated by the Second World War. Early lending focused heavily on European nations, including France and Poland, ensuring that postwar industrial capacity was re-established…