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What was the US Economic Cooperation Administration?

Introduction The Economic Cooperation Administration (ECA) was a US government agency set up in 1948 to administer the Marshall Plan. Refer to Point Four Programme. Background It reported to both the State Department and the Department of Commerce. The agency’s first head was Paul G. Hoffman, a former leader of car manufacturer Studebaker; he was… Read More

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What is the Mutual Security Act of 1951 (US)?

Introduction The Mutual Security Act of 1951 launched a major American foreign aid programme, 1951-1961, of grants to numerous countries. It largely replaced the Marshall Plan. The main goal was to help poor countries develop and to contain the spread of communism. It was signed on 10 October 1951, by President Harry S. Truman. Annual… Read More