America's Feeble Weapon: Funding the Marshall Plan in France by C. Esposito

By C. Esposito

Unlike prior stories of the Marshall Plan, this quantity concentrates now not on occasions in Washington, yet on these in France and Italy--the moment and 3rd biggest beneficiaries of the Plan. utilizing united states, French, and Italian assets, the writer analyzes the influence of the Plan on French and Italian fiscal coverage among 1948 and 1950. Taking neither a realist nor revisionist stance, the writer argues that huge American reduction to Western Europe was once a perceived political necessity--that American, French, and Italian governments shared with Truman the strategic-ideological aim of Communist containment. but, now not the entire philosophy embedded within the Plan should be carried out, and American ideology didn't, for that reason, have a decisive effect in reshaping postwar French or Italian monetary policies.

The book's advent discusses the targets of the Marshall Plan and the way postwar political situations led France and Italy to distinct fiscal restoration paths that may frequently conflict with American pursuits. the next seven chapters learn how American officers sought to steer French and Italian monetary guidelines. Chapters 2, three, and four hide the French case; chapters five, 6, and seven, the Italian. The concluding bankruptcy offers a right away comparability of the French and Italian stories and indicates implications for present historiographical debates.

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