An Overview of the Monnet Plan

Introduction Faced with the challenge of reconstruction after World War II, France implemented the Modernisation and Re-equipment Plan, which was designed to spur economic recovery.  This plan is commonly known as the “Monnet Plan” after Jean Monnet, the chief advocate and first head of the General Planning Commission (Le Commissariat général du Plan). The Monnet… Read More

What was the Morgenthau Plan?

Introduction The Morgenthau Plan was a proposal to eliminate Germany’s ability to wage war following World War II by eliminating its arms industry and removing or destroying other key industries basic to military strength. This included the removal or destruction of all industrial plants and equipment in the Ruhr. It was first proposed by United… Read More

What was the Marshall Plan (US)?

Introduction The Marshall Plan (officially the European Recovery Programme, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred over $13 billion (equivalent of about $115 billion in 2021) in economic recovery programmes to Western European economies after the end of World War II. Replacing an… Read More