Economic Cooperation Administration

United States government

Also known as: ECA

Learn about this topic in these articles:

In Marshall Plan
Hoffman, the Economic Cooperation Administration (ECA), a specially created bureau, distributed over the next four years some \$13 billion worth of economic aid, helping to restore industrial and agricultural production, establish financial stability, and expand trade. Direct grants accounted for the vast majority of the aid, with…
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In United States: The Truman Doctrine and containment
In 1948 Congress created the Economic Cooperation Administration and over the next five years poured some \$13 billion worth of aid into western Europe. (Assistance was offered to Eastern-bloc countries also, but they were forced by Stalin to decline.) The plan restored economic vitality and confidence to the region, while…
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