Essays on Economic Aid

Introduction

The economic power in current global ecosystem has assumed more significance compared to conventional use of military power. The world has become increasingly flat and hence economic influence is becoming more impactful. On an upside, economic influence can be used to promote bilateral and/or multilateral economic relations between nations. On a downside, economic influence can be used to promote specific political, social and, of course, military goals. This is called, for current purposes, economic terrorism. By coercing nations into specific actions – or, for that matter, intimidating nations to backtrack from specific actions – coercive powers (state actors, non-state actors or ...

Marshall Plan

The Marshall Plan was a program of assistance to Europe after the Second World War. Nominated in 1947 by the American Secretary of State George C. Marshall and came into effect in April 1948. In the implementation of the plan involved 17 European countries, including West Germany. The Marshall Plan helped to establish the post-war peace in Western Europe. The aim was to restore the U.S. military destroyed the European economy, the elimination of trade barriers, the modernization of European industry and the development of Europe as a whole. The Marshall Plan was launched on 4 April 1948, when the ...

for Health Care Economics is something that we apply in our lives on a daily basis. According to Haycox (2009), economics is the science that analyses scarcity: Allocation of limited resources to their best possible uses. Resources that we have are naturally scarce compared to our needs which are unlimited (Scott, Solomon, and McGowan, 2001). Economics functions to somehow solve the problem of scarcity by helping us weigh which among our countless needs should be prioritized the most given the limited resources that we have. Economics is basically easy to comprehend when applied to the common things in our ...

United States of America had long followed a policy of isolation throughout the 18th and 19th century. The policy continued even in the earlier part of twentieth century when the First World War was fought. The event of disapproval of Woodrow Wilson’s fourteen points by Senators back home defined the overall outlook and aptitude of the Senators and American people outside the country. This defined the foreign policy of United States of America as well. However towards the middle of Second World War United States of America was forced into reverting its policy of isolation. The Second World ...

Background:

The outcome of Second World led to a bipolar world with the dominant forces coming into enacting power. One of these was the Socialist state of Russia that had suffered the most in Second World War and had contributed the most towards the defeat of Germany, the Second was an outside force in form of United States of America that had aided the Allies in the War and made their victories possible.

Introduction:

The end of World War saw a non conventional and unprecedented war in form of a Cold War. In this war, the battle was not fought on battle grounds between ...

Introduction

The Cold War began after the Second World War which ended in 1945 and it was a response to conflict between the Soviet Union and the United States of America (Olson, 2000). The Soviet Union represented communist nations while the US represented the democratic nations. According to Olson, (2000), the Cold War was not a military war; it was fought through other means like: diplomacy; economic battles; and propaganda. Historians agree that this war was propagated by President Truman in the time that he took office in 1947, as he was openly distrustful of the promises made by the Communist regime ( ...