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Institute of Inter-American Affairs
Institute of Inter-American Affairs formally established -- first technical assistance by United States. -
Aid to war-ravaged countries
Agreement signed to furnish aid to war-ravaged countries through UN Relief and Rehabilitation Administration. -
IMF and World Bank Formed
International Monetary Fund (IMF) and International Bank for Reconstruction and Development (World Bank) formed. -
Aid to Greece and Turkey
Congress approves economic and military aid to Greece and Turkey. -
Secretary of State Marshall's speech
Marshall SpeechSecretary of State Marshall's speech voices U.S. interest in rebuilding European economies. -
Truman Signs Marshall Plan
Truman signs Economic Cooperation Act (Marshall Plan) creating Economic Cooperation Administration. -
President Truman's inauguration speech.
President Truman's Point IV inauguration speech. -
Act for International Development
Act for International Development (Point IV) creates authority for Technical Cooperation Administration. -
Termination of Marshall Plan.
Termination of Marshall Plan. -
Mutual Security Act
Mutual Security Act of 1951 unites military and economic programs and technical assistance, Mutual Security Agency established. -
Public Law 480
Public Law 480 authorizes sale and use of U.S. surplus foods for economic development. -
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Alliance for Progress
President Kennedy calls on people of hemisphere to join in an "Alliance for Progress." -
Foreign Assistance Act
Foreign Assistance Act combines International Cooperation Administration, Development Loan Fund and other U.S. assistance functions. -
U. S. Agency for International Development created (USAID).
U. S. Agency for International Development created (USAID).