ERP

E858

United States foreign aid program economic recovery program post–World War II reconstruction program

ERP is the commonly used abbreviation for the Marshall Plan, the U.S.-led post–World War II European Recovery Program that financed and coordinated Western Europe’s economic reconstruction.

Statements (51)

Predicate	Object
instanceOf	United States foreign aid program → economic recovery program → post–World War II reconstruction program →
abbreviationFor	European Recovery Program →
administeredBy	Economic Cooperation Administration →
alsoKnownAs	Marshall Plan →
announcedBy	George C. Marshall →
announcementDate	1947-06-05 →
announcementLocation	Harvard University →
beneficiaryCountry	Austria → Belgium → Denmark → France → Greece → Ireland → Italy → Luxembourg → Netherlands → Norway → Portugal → Sweden → Turkey → United Kingdom → West Germany →
beneficiaryRegion	Western Europe →
coordinatedBy	Organisation for European Economic Co-operation →
countryOfOrigin	United States →
endYear	1952 →
excludedCountry	Soviet Union → countries of the Eastern Bloc →
fullName	European Recovery Program →
fundingType	economic aid → grants and loans →
historicalSignificance	accelerated economic recovery of Western Europe → key component of early Cold War containment policy →
influencedCreationOf	European integration institutions → North Atlantic Treaty Organization → Organisation for European Economic Co-operation →
initiatedBy	United States government →
legalBasis	Economic Cooperation Act of 1948 →
legislatedBy	United States Congress →
primaryGoal	containment of Soviet influence in Europe → prevention of economic collapse in Europe → promotion of European economic integration → reconstruction of Western European economies →
proposedBy	George C. Marshall →
signedIntoLawBy	Harry S. Truman →
startYear	1948 →
timePeriod	post–World War II era →
totalAidAmountAdjusted	over 100 billion in 21st-century dollars →
totalAidAmountUSD	about 13 billion →

Referenced by (1)

Subject (surface form when different)	Predicate
Marshall Plan →	shortName