Europe's Hope for Recovery

John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the success of...

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Main Author:	McCloy, John J.
Format:	Speech
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	WORLD ECONOMY ECONOMIC RECOVERY GREAT POWER ECONOMIC EQUILIBRIUM EUROPEAN RECOVERY PROGRAM ECONOMIC REORGANIZATION TRADE ECONOMIC REFORM MARSHALL PLAN CONCESSIONAL AID
Online Access:	http://documents.worldbank.org/curated/en/343411525095934361/Address-by-John-J-McCloy-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-first-annual-forecasting-conference-of-Philadelphia-Warwick-Hotel-Philadelphia-Pennsylvania-Thursday-January-15-1948 http://hdl.handle.net/10986/31692

id	okr-10986-31692
recordtype	oai_dc
spelling	okr-10986-316922021-04-23T14:04:54Z Europe's Hope for Recovery McCloy, John J. WORLD ECONOMY ECONOMIC RECOVERY GREAT POWER ECONOMIC EQUILIBRIUM EUROPEAN RECOVERY PROGRAM ECONOMIC REORGANIZATION TRADE ECONOMIC REFORM MARSHALL PLAN CONCESSIONAL AID John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the success of the Marshall Plan reorganization that is proposed. The problems of the continent do not appear insoluble. Human and materials assets, a sensible plan, good management, and sufficient new money are each elements that are fundamental to ensure success. External assistance should be conditioned upon economic reforms. Trade with Eastern Europe should be encouraged. Financing on this scale should be afforded primarily as grants rather than loans. 2019-05-13T21:50:09Z 2019-05-13T21:50:09Z 1948-01-15 Speech http://documents.worldbank.org/curated/en/343411525095934361/Address-by-John-J-McCloy-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-first-annual-forecasting-conference-of-Philadelphia-Warwick-Hotel-Philadelphia-Pennsylvania-Thursday-January-15-1948 http://hdl.handle.net/10986/31692 English Address before the First Annual Forecasting Conference of the Chamber of Commerce of Philadelphia, January 15, 1948; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech Europe
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	WORLD ECONOMY ECONOMIC RECOVERY GREAT POWER ECONOMIC EQUILIBRIUM EUROPEAN RECOVERY PROGRAM ECONOMIC REORGANIZATION TRADE ECONOMIC REFORM MARSHALL PLAN CONCESSIONAL AID
spellingShingle	WORLD ECONOMY ECONOMIC RECOVERY GREAT POWER ECONOMIC EQUILIBRIUM EUROPEAN RECOVERY PROGRAM ECONOMIC REORGANIZATION TRADE ECONOMIC REFORM MARSHALL PLAN CONCESSIONAL AID McCloy, John J. Europe's Hope for Recovery
geographic_facet	Europe
relation	Address before the First Annual Forecasting Conference of the Chamber of Commerce of Philadelphia, January 15, 1948;
description	John. J. McCloy, President of the International Bank for Reconstruction and Development, discussed the U.S. announcement of the European Recovery Program (Marshall Plan). This ambitious plan must be economically successful. The inherent strengths of Europe give reasonable assurance of the success of the Marshall Plan reorganization that is proposed. The problems of the continent do not appear insoluble. Human and materials assets, a sensible plan, good management, and sufficient new money are each elements that are fundamental to ensure success. External assistance should be conditioned upon economic reforms. Trade with Eastern Europe should be encouraged. Financing on this scale should be afforded primarily as grants rather than loans.
format	Speech
author	McCloy, John J.
author_facet	McCloy, John J.
author_sort	McCloy, John J.
title	Europe's Hope for Recovery
title_short	Europe's Hope for Recovery
title_full	Europe's Hope for Recovery
title_fullStr	Europe's Hope for Recovery
title_full_unstemmed	Europe's Hope for Recovery
title_sort	europe's hope for recovery
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/343411525095934361/Address-by-John-J-McCloy-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-first-annual-forecasting-conference-of-Philadelphia-Warwick-Hotel-Philadelphia-Pennsylvania-Thursday-January-15-1948 http://hdl.handle.net/10986/31692
_version_	1764470261940224000

Europe's Hope for Recovery

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