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Post-conflict Aid
Post-conflict aid is the monetary, material or technical assistance granted by other states, non-governmental organizations and private donors to regions that have recently been hit by either an international war, a civil war, or an armed conflict. The donation can take the form of food, financial investment, reconstruction materials and many others and aims to the re-attainment of sustainable socio-economic development as well as to the re-organization of the governmental and judicial structures and institutions in the war-torn region. Distinction from development and humanitarian aid Post-conflict aid differs from the conventional development aid in many aspects. It is to some extent comparable to the aid granted in view of certain environmental catastrophes with huge impacts on the humanitarian situation. Just like countries facing a natural disaster, post-conflict countries are mainly confronted with a humanitarian emergency due to the destruction of infrastructures, institu ...
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Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred over $13 billion (equivalent of about $ in ) in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize Manufacturing, industry, improve European prosperity and prevent the spread of communism. The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures. The Marshall Plan aid was divided among the participant states roughly on a per capita basis. A larger amount was given to the major industrial powers, ...
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Multiplier Effect
In macroeconomics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable. For example, suppose variable ''x'' changes by ''k'' units, which causes another variable ''y'' to change by ''M'' × ''k'' units. Then the multiplier is ''M''. Common uses Two multipliers are commonly discussed in introductory macroeconomics. Commercial banks create money, especially under the fractional-reserve banking system used throughout the world. In this system, money is created whenever a bank gives out a new loan. This is because the loan, when drawn on and spent, mostly finishes up as a deposit back in the banking system and is counted as part of money supply. After putting aside a part of these deposits as reserve requirements, mandated bank reserves, the balance is available for the making of further loans by the bank. This process continues multiple times, and is called the multiplier effect. ...
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Long Peace
"Long Peace", also described as the Pax Americana, is a term for the unprecedented historical period following the end of World War II in 1945 to the present day. The period of the Cold War (1945–1991) was marked by the absence of major wars between the great powers of the period, the United States and the Soviet Union. First recognized in 1986, the period of "relative peace" has been compared to the relatively-long stability of the Roman Empire, the Pax Romana, or the Pax Britannica, a century of relative peace that existed between the end of the Napoleonic Wars in 1815 and the outbreak of World War I in 1914, during which the British Empire held global hegemony. In the 1990s, it was thought that the Long Peace was a unique result of the Cold War. However, when the Cold War ended the same trends continued in what has also been called the "New Peace". The period has exhibited more than a quarter of a century of even greater stability and peacefulness and has also shown continued ...
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Military–industrial Complex
The expression military–industrial complex (MIC) describes the relationship between a country's military and the defense industry that supplies it, seen together as a vested interest which influences public policy. A driving factor behind the relationship between the military and the defense-minded corporations is that both sides benefit—one side from obtaining war weapons, and the other from being paid to supply them. The term is most often used in reference to the system behind the armed forces of the United States, where the relationship is most prevalent due to close links among defense contractors, the Pentagon, and politicians. The expression gained popularity after a warning of the relationship's detrimental effects, in the farewell address of President Dwight D. Eisenhower on January 17, 1961. In the context of the United States, the appellation is sometimes extended to military–industrial–congressional complex (MICC), adding the U.S. Congress to form a three-sid ...
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Humanitarian Aid
Humanitarian aid is material and logistic assistance to people who need help. It is usually short-term help until the long-term help by the government and other institutions replaces it. Among the people in need are the homeless, refugees, and victims of natural disasters, wars, and famines. Humanitarian relief efforts are provided for humanitarian purposes and include natural disasters and man-made disasters. The primary objective of humanitarian aid is to save lives, alleviate suffering, and maintain human dignity. It may, therefore, be distinguished from development aid, which seeks to address the underlying socioeconomic factors which may have led to a crisis or emergency. There is a debate on linking humanitarian aid and development efforts, which was reinforced by the World Humanitarian Summit in 2016. However, the conflation is viewed critically by practitioners. Humanitarian aid is seen as "a fundamental expression of the universal value of solidarity between people and ...
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