Review: International Economics: Partnership or Confrontation, the Third World and the Rich Countries

Author(s):  
G.K. Helleiner
2018 ◽  
Vol 5 (4) ◽  
pp. 127
Author(s):  
Jan-Erik Lane

The new theme of abrupt climate change (“Hawking tipping point”) must be taken up by global coordination – the UNFCCC, IPCC and the G20. The only policy response is to reinforce the COP21 project, and start managing its quick implementation of decarbonisation. A more decisive climate change policy – no coal or charcoal, solar power parks, and possibly carbon capture – may not guarantee the goal of + 2 degrees Celsius, but it may help avoid climate chaos. Only global coordination can break through the resistance of markets in the rich countries and governments in the Third World together with vibrant civil society. The large COP21 Secretariat must become a management agency for rapid decarbonisation with support from other global bodies (WB, IMF) and the G20.


1978 ◽  
Vol 4 (2) ◽  
pp. 135-160
Author(s):  
Javed A. Ansari

THE United Nations Conference on Trade and Development came nto existence in 1964. Its creation was viewed with a degree of cautious enthusiasm by the Third World and with a certain amount of apprehension by the rich countries. Its performance has dampened the enthusiasm and heightened the apprehension. Its contribution to substantive changes in trade policies has not been spectacular. Whatever improvement in commodity prices and hence in the terms of trade of the poor countries that occurred in the early 1970s was attributable to fortuitous circumstances – not to a negotiated settlement between the rich and poor countries, enabling the latter to retain a larger portion of the gains from trade. Can we3 therefore3 say that UNGTAD has been ineffective? That it has failed to perform its global task? And if so, what is the cause of this failure? Is the organizational ideology unsuitable in the sense that it is not representative of the national objectives of viable coalitions among UNGTAD constituents? Or has the leadership failed to evolve a strategy which links the pursuit of specific sub-goals to the transformation of the system in accordance with the organizational ideology? This present paper attempts to look at the first question and to venture an opinion on the effectiveness of UNGTAD in the light of these findings.


1998 ◽  
Vol 44 ◽  
pp. 387-401 ◽  
Author(s):  
T. W. B. Kibble

Abdus Salam was one of the leading theoretical physicists of his generation, the first Muslim to win a Nobel Prize for science. He was Professor of Theoretical Physics at Imperial College, founding Director of the International Centre for Theoretical Physics in Trieste, and founder and first President of the Third World Academy of Sciences. He was also a warm and generous man, who cared passionately about the inequities between the rich countries and the poor, and argued tirelessly for the importance of science to developing countries.


1985 ◽  
Vol 24 (1) ◽  
pp. 77-82
Author(s):  
Zia Ul Haq

Amiya Kumar Bagchi, an eminent economist of the modern Cambridge tradition, has produced a timely treatise, in a condensed form, on the development problems of the Third World countries. The author's general thesis is that economic development in the developing societies necessarily requires a radical transformation in the economic, social and political structures. As economic development is actually a social process, economic growth should not be narrowly defined as the growth of the stock of rich capitalists. Neither can their savings be equated to capital formation whose impact on income will presumably 'trickle down' to the working classes. Economic growth strategies must not aim at creating rich elites, because, according to the author, "maximizing the surplus in the hands of the rich in the Third World is not, however, necessarily a way of maximizing the rate of growth".


1975 ◽  
Vol 1 (4) ◽  
pp. 515-522
Author(s):  
György Adam

The author argues that the so-called oil crisis may open out a new perspective on development aid to the Third World if the oil-producing countries, instead of allowing the giant Western banks and corporations to make a grab for their petro dollars (as the Western nations had so far made a grab for incredibly cheap oil energy), decide to pool the surplus oil revenues for self-help among the Third World countries. He suggests the setting up of an interregional Third World Bank, which, unlike the existing World Bank group (typecast as the instrument of the rich market economies), would be the instrument of the developing countries, thus breaking the monopoly of the West in international financing.


1985 ◽  
Vol 23 (1) ◽  
pp. 53-74 ◽  
Author(s):  
Adebayo Adedeji

One of the major objectives sought by the New International Economic Order is to secure favourable conditions for the transfer of resources to the Third World, and to ensure that they are fully utilised for the development of the countries concerned.1 However, the unprecedented growth of the global economy since World War II has not been equitably distributed between the rich and poor nations. Unfortunately, within this international scenario, the increasing external indebtedness of the latter has had, and still has, wide-ranging domestic implications that have rocked the foundations on which many African economies stand.


2010 ◽  
Vol 49 (1) ◽  
pp. 53-64 ◽  
Author(s):  
Henning Eichberg

Bodily Democracy and Development through Sport - towards Intercultural RecognitionThe theory of ‘development’, when applied to sports, remains an ambiguous and unclear reference. ‘Development’, like ‘modernization’, can be interpreted as Western sports exported to the Third World, as a neo-colonial ‘brawn drain’ of African athletes to the West, as evolutionism and ‘individualization’, none of which considers cultural diversity. This article analyses functionalist developmental theory, currently mainstream in countries like Germany. Developmental theory has a tendency to overlook diversity in sports and, more specifically, dynamics in popular sports and movement culture within different social contexts. There is nothing like ‘the one sport’, nor does ‘the soccer game’ exist alone in the rich world of football. Diversity in sports inspires differentiated views of democracy. How are different forms of democracy, especially in today's ‘competitive state’, implicated in sports? There is no reason to cultivate an attitude of better-knowing when facing the development of ‘the others’. This limitation launches a humble start for sports development as a means of mutual exchange and enrichment.


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