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Foreign Aid after the Cold War

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Studies in Globalization and Economic Transitions

Abstract

Foreign aid as it is understood today has its origins in the Cold War. It is largely a product of the ideological confrontation between the United States and the Soviet Union that dominated international politics for forty-five years between 1945 and 1990. It began not as a programme to assist the long-term development of impoverished countries but as a programme to facilitate the short-term economic recovery of Western Europe after the end of the Second World War. The political motivation of what was called the Marshall Plan was to prevent the spread of communism to France and Italy (where the Communist Party was strong), to stabilize conditions in West Germany (and create an attractive alternative to the socio-economic system imposed in East Germany) and to reduce the appeal of socialist policies in the United Kingdom (where the Labour Party enjoyed considerable popularity).

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Author information

Authors and Affiliations

  1. University of California, Riverside, USA

    Keith Griffin (Professor of Economics)

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  1. Keith Griffin
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© 1996 Keith Griffin

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Griffin, K. (1996). Foreign Aid after the Cold War. In: Studies in Globalization and Economic Transitions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230372139_3

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