The Marshall Plan and the Cold War
Wars cost a punishing amount of money and, after they’re over, there's the cost of reconstruction. Western Europe received a life-saving injection of money under the Marshall Plan following the second world war.
Other countries since , facing the devastation of war , have asked for a similar scheme. The Marshall Plan was successful but also cemented the Cold War rivalry between America and the Soviet Union according to economist Ben Steil.
Other countries since , facing the devastation of war , have asked for a similar scheme. The Marshall Plan was successful but also cemented the Cold War rivalry between America and the Soviet Union according to economist Ben Steil.
