Timeline: Historical Perspective on U.S. Foreign Assistance

Timeline created by usaid
In History
  • Institute of Inter-American Affairs

    Institute of Inter-American Affairs formally established -- first technical assistance by United States.
  • Aid to war-ravaged countries

    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

    IMF and World Bank Formed
    International Monetary Fund (IMF) and International Bank for Reconstruction and Development (World Bank) formed.
  • Aid to Greece and Turkey

    Aid to Greece and Turkey
    Congress approves economic and military aid to Greece and Turkey.
  • Secretary of State Marshall's speech

    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 Marshall Plan
    Truman signs Economic Cooperation Act (Marshall Plan) creating Economic Cooperation Administration.
  • President Truman's inauguration speech.

    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
    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.
  • Peace Corps created.

    Peace Corps created.
    Peace Corps HistoryHistory of Peace Corps.
  • Alliance for Progress

    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).
    U. S. Agency for International Development created (USAID).