ABSTRACT
The scientific community has repeatedly analyzed the Marshall Plan in general and its importance for individual countries. The Marshall Plan differed from the aid received before in various aspects. In the language of some of the conservative critics of the Marshall Plan, Austria was “overspending” and manoeuvered the United States in a position where they could not refuse to provide help. Austria originally refused to provide the requirement version of the estimate, claiming a “special case” status. The commodity composition of Austria’s foreign trade was reflected by adverse terms of trade and a huge dollar deficit. Austria’s economic policy stance, encouraged by the Gray report, was based on the assumption that aid will be available even after the scheduled end of the Marshall Plan. That was especially important because, at that time, international economic policy was quick in introducing new analytical tools.
