Foreign Aid During the Cold War from a Realist Perspective: The Marshall Plan and Aid to Korea

This study examines the nature of foreign aid through the analysis of the Marshall Plan and U.S. aid to Korea post-liberation. Korea's dual experience as both a recipient and a donor provides a unique perspective on aid. Aid played a crucial role in Korea's political and economic changes, particularly in industrial growth. Unlike prior research focusing on recipients, this study offers a balanced view of both donors and recipients. It concludes that the U.S. leveraged aid to expand trade, enhance security, and boost international status. Sustainable aid is achieved when it benefits both parties, emphasizing mutual benefit and alignment with donor interests for effective aid.