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The New International Economic Order: The “New International Economic Order”
Published online by Cambridge University Press: 21 May 2009
Extract
The international discussion about a new world economic order, which has been going on for many years now, has been complicated by the absence of clear and generally accepted ideas about the main features of such a concept. The word “order” itself has a wide variety of different meanings (e.g., natural versus imposed order) and in some quarters the mere terminology of “NIEO” has provoked opposition. Thus confusion, and sometimes suspicion, have contributed to hampering rational analysis and conclusions.
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- Copyright © T.M.C. Asser Press 1978
References
1. On this Charter, the UNGA proceeded to a vote; several developing countries voted against certain parts, as did most industrialized Western members (Prof. Kapteyn's paper deals in detail with this case).
2. The consensus finally reached in March 1978 in an UNCTAD meeting on this problem of indebtedness was indeed based on ideas first launched at CIEC.