Struggle for Survival: American Aid and Greek Reconstruction

  • Stelios Zachariou
Part of the Europe in Transition: The NYU European Studies Series book series (EIT)

Abstract

Although the objective of Marshall Plan aid was to stimulate economic recovery, most of the aid given to Greece was devoted to other purposes. Because Greece was engaged in a civil war, and also lacked a stable political leadership, it could only afford to devote these funds towards its basic struggle for survival. With $649 million in aid, Greece was the fourth largest recipient of Marshall Plan funds. These funds successfully supported the military campaign against communism, and also laid the foundations for future economic growth in the 1950s. Nevertheless, Greece remained economically dependent on foreign aid long after the Marshall Plan had ended.

Keywords

Europe Income Assure Turkey Arena 

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Notes

  1. 1.
    For an extensive analysis of the effect of German occupation in Greece, see Mark Mazower, Inside Hitler’s Greece The Experience of Occupation 1941–1944 (New Haven and London: Yale University Press, 1993).Google Scholar
  2. 2.
    Douglas Dakin, The Unification of Greece, 1770–1923 (London: Ernest Benn, 1972).Google Scholar
  3. 4.
    Ingvar Svennilson, Growth and Stagnation in the European Economy (Geneva, 1954), pp. 236–37; Mutual Security Agency, Procurement Authorizations and Allotments, Division of Statistics and Reports (Data as of June 30, 1952), p. 2. Also see,Google Scholar
  4. Alan Milward, The Reconstruction of Western Europe 1945–1951 (London: Methuen, 1984).Google Scholar
  5. 12.
    William Hardy McNeill, Greece: American Aid in Action 1946–1956 (The Twentieth Century Fund, New York, 1957) pp. 37–38. See alsoGoogle Scholar
  6. Diomedes D. Psilos & Richard M. Westebbe Report No. 10 Public International Development Financing in Greece (Columbia University School of Law, New York, September 1964).Google Scholar
  7. 18.
    Alkiviades Provatas, Political History of Greece: Legislative and Executive Bodies 1821–1980 (Athens, 1980) (in Greek).Google Scholar

Copyright information

© Martin Schain 2001

Authors and Affiliations

  • Stelios Zachariou

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