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The Technical Assistance Program allowed Europeans to bring home many types of American ideas. [95] Another important aspect of the Technical Assistance Program was its low cost. While $19.4 billion was allocated for capital costs in the Marshall Plan, the Technical Assistance Program only required $300 million.
The Mutual Security Act of 1951 was the successor to the Mutual Defense Assistance Act and the Economic Cooperation Act of 1949, which administered the Marshall plan. It became law on 10 October 1951, and created a new, independent agency, the Mutual Security Administration, to supervise all foreign aid programs including military assistance ...
In contrast to the Marshall Plan, Point Four focussed on technical assistance and provided financial assistance only in limited amounts to support its technical initiatives. In terms of geographic focus, while the Marshall Plan and Point Four mainly operated in different countries, the Marshall Plan also expanded into developing nations.
Brian Deese, an economic adviser for Vice President Kamala Harris' presidential campaign, called on Thursday for an economic program to loan allies money to buy U.S. green energy technologies as ...
In order to implement the program, on February 9, 1949, a new committee was established within the Department of State, known as the Technical Assistance Group, chaired by Samuel Hayes. The program was approved by Congress on June 5, 1950, in the Foreign Economic Assistance Act, which allotted to the program a budget of $25,000,000 for fiscal ...
The Committee for the Marshall Plan, also known as Citizens' Committee for the Marshall Plan to Aid European Recovery, was a short-term organization established to promote passage of the European Recovery Program known as the Marshall Plan – which "fronted for a State Department legally barred from engaging in propaganda."
The Federal Ministry of Marshall Plan Affairs, founded in 1949, was a ministry of the Federal Republic of Germany charged with overseeing the rebuilding of the new republic using money and aid given by the United States as part of the European Recovery Program (also called Marshall Plan).
Title V: John Ogonowski and Doug Bereuter Farmer-to-Farmer (FTF) Program—-provides voluntary technical assistance to farmers, farm groups, and agribusinesses. Title VI: Enterprise for the America's Initiative – official debt relief linking Food for Peace and AID debt owed to the United States to the promulgation of structural adjustment and ...