France Launches Its First Four-Year Plan

Article abstract: With the adoption of the Monnet Plan, France moved to promote growth and modernization, both of which became permanent goals of postwar French economic policy-making.

Summary of Event

At the end of World War II, France moved decisively toward a new economic order in the form of a mixed economy, one with both private enterprise and central planning. Economic planning became a permanent feature of France’s postwar economic policy-making, with the aim of promoting a continued modernization effort to maintain France as a leader of the...

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