ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Marshall Plan, German Unification and Economics of Transition

Could Russia's and East Europe's transition to a market economy have been smoothened by the western governments offering massive foreign aid on the lines of the post-World War II Marshall Plan for West Europe? No, says the author who argues that the Marshall Plan for west Europe and the current Fund-Bank policy of stabilisation and adjustment for the so-called economies in transition are entirely different in spirit and content.

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