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Article: 'Marshall Plan' for Mindanao.(Opinion & Editorial)
- Article from:
- Manila Bulletin
- Article date:
- July 11, 2003
CopyrightCOPYRIGHT 2003 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Editors note: The US pledge to give more than $50 million if peace is achieved in Mindanao can begin a mini Marshall Plan.)
THREE countries in our region of the world found good use for the American dollars, and the three prospered despite their sad experience in war Japan, Taiwan and South Korea.
US dollars under the 1947 Marshall Plan of President Truman as envisioned by Secretary of State George C. Marshall and his undersecretary Dean Acheson who succeeded Marshall funded the European Recovery Program with over $17 billion.
Reviving the economy and institutions
The programs purpose is the revival of a working economy and the ...