The European Recovery Program

For the first time a notable authority puts before the man in the street, in language he can understand, a general picture of what will happen abroad and at home as a consequence of the passage of the European Cooperation Act. Will the ECA billions bring Europe economic recovery and stability? What will be the impact of the foreign aid program on our own economy? Seymour Harris analyzes these major aspects of this highly discussed economic and political issue. His book will give the general reader real help in judging the wisdom of taking Secretary Marshall’s prudent risk: it will also be valuable for students and economists, and for public servants who have to deal with the administration of ECA.