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More than 5000 entries on the history, culture and life of Britain (published in 1993 by Macmillan, now out of print)
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Marshall Plan
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The name by which the European Recovery Programme became known. In 1947 the US secretary of state, George C. Marshall (1880–1959), proposed in a lecture at Harvard that a unified plan for European recovery after World War II should be financed by economic aid from the USA, part of the intention being to deter the spread of Communism. The OEEC (Organization for European Economic Cooperation) was set up to channel the funds to 16 European countries; a total of about $13.5bn in Marshall Aid was distributed in the period 1948–52, including about £1.5bn to Britain. The OEEC was later expanded to become the *OECD.
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