Monnet Plan

This article deals with the 1946–50 plan of the immediate post-war period. For the Monnet plan of 1950, see European Coal and Steel Community.

Faced with the challenge of reconstruction after World War II, France implemented the Modernization and Re-equipment Plan, which was designed to spur economic recovery. This plan is commonly known as the “Monnet Plan” after Jean Monnet, the chief advocate and first head of the General Planning Commission (Le Commissariat général du Plan).

The Monnet Plan emphasized expansion, modernization, efficiency, and modern management practice. It set investment targets, and allocated investment funds. The plan’s process – focusing, prioritizing, and pointing the way – has been called “indicative planning” to differentiate it from highly directive and rigid Soviet-style central planning.