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Colombo Plan
Colombo Plan (for Cooperative Economic Development in South and South-East Asia) An international organization of 24 countries, established to assist the development of member countries in the Asian and Pacific regions. Based on an Australian initiative at the meeting of COMMONWEALTH ministers in Colombo in January 1950, it was originally intended to serve Commonwealth countries of the region. The scheme was later extended to cover 26 countries, with the USA and Japan as major donors; Britain and Canada left in 1991 and 1992 respectively. In 1977 its title was changed to the ‘Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific’ following the withdrawal of several south-east Asian nations that had adopted communism.
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"Colombo Plan." A Dictionary of World History. 2000. Encyclopedia.com. 25 May. 2012 <http://www.encyclopedia.com>. "Colombo Plan." A Dictionary of World History. 2000. Encyclopedia.com. (May 25, 2012). http://www.encyclopedia.com/doc/1O48-ColomboPlan.html "Colombo Plan." A Dictionary of World History. 2000. Retrieved May 25, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O48-ColomboPlan.html |
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Colombo Plan
Colombo Plan Based on an Australian initiative at a meeting of Commonwealth ministers in Colombo in January 1950, the Plan was originally intended as a means by which richer Commonwealth countries, the UK, Canada, Australia, and New Zealand, could assist the poorer members in south-east Asia. However, the Australian Prime Minister, Menzies, lobbied for US financial involvement by which he hoped to prevent Communism from spreading to the recipient nations, very much akin to the Marshall Plan. As a consequence, US financial support came to exceed that of any of the Commonwealth countries, and in turn non-Commonwealth countries such as South Korea were included in the list of recipient nations.
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JAN PALMOWSKI. "Colombo Plan." A Dictionary of Contemporary World History. 2004. Encyclopedia.com. 25 May. 2012 <http://www.encyclopedia.com>. JAN PALMOWSKI. "Colombo Plan." A Dictionary of Contemporary World History. 2004. Encyclopedia.com. (May 25, 2012). http://www.encyclopedia.com/doc/1O46-ColomboPlan.html JAN PALMOWSKI. "Colombo Plan." A Dictionary of Contemporary World History. 2004. Retrieved May 25, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O46-ColomboPlan.html |
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Colombo Plan
Colombo Plan International organization with headquarters in Colombo, Sri Lanka, which seeks to promote the economic and social development in s and se Asia. Initiated by the Commonwealth of Nations (1951), it now includes 26 states including Canada, Japan, UK, and the USA. It fosters bilateral agreements providing various kinds of aid.
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Cite this article
"Colombo Plan." World Encyclopedia. 2005. Encyclopedia.com. 25 May. 2012 <http://www.encyclopedia.com>. "Colombo Plan." World Encyclopedia. 2005. Encyclopedia.com. (May 25, 2012). http://www.encyclopedia.com/doc/1O142-ColomboPlan.html "Colombo Plan." World Encyclopedia. 2005. Retrieved May 25, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O142-ColomboPlan.html |
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