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With the help of huge amounts of cash and other support from the United States. This is also why Japan and South Korea recovered so quickly. South Africa did no
by xnyan 4y ago
With the help of huge amounts of cash and other support from the United States. This is also why Japan and South Korea recovered so quickly. South Africa did not get a Marshall Plan.
- TheLoafOfBread 4y agoThat has something to do with fact that South Africa was not bombed into oblivion, but had actually working economy on the end of the apartheid. Additionally there might be no Marshall Plan for African countries, but there is constant financial aid to African countries since end of WW2. Edit: I have completely forget that whole Eastern Block was not allowed to accept Marshall Plan from political reasons and help from Soviets was not really there.
- int_19h 4y agoThe Eastern Bloc had https://en.wikipedia.org/wiki/Comecon https://en.wikipedia.org/wiki/Comecon.
- TheLoafOfBread 4y agoThat's more-less like current EU but completely worthless
- jdkee 4y agoEconomic aid to Africa since 1960 exceeds the Marshall Plan by an order of magnitude.
- EVa5I7bHFq9mnYK 4y ago100% sure Germany would have recovered without any aid, maybe it would take 10 years longer.