International Relations

1982 ◽  
Vol 38 (2) ◽  
pp. 216-220
Author(s):  
Arun Kumar Banerji

International Organization: RUDIGER JUTTE and ANNEMARIE GROSSE JUTTE, ( Ed.): The Future of International Organization. International Economic Order: NANDINI JOSHI: The Challenge of Poverty: The Developing Countries in the New International Economic Order. NANDINI JOSHI : Power vs. Poverty : A View of UNCTAD

1981 ◽  
Vol 35 (3) ◽  
pp. 493-516 ◽  
Author(s):  
Lawrence Juda

The New International Economic Order (N1EO) seeks fundamental change in international relations. World shipping has experienced substantial pressure for reforms associated with NIEO goals: controversy focuses around the operation of the liner conferences, the use of flags of convenience, which retain beneficial ownership in developed nations, and the demands of developing countries for a major share in the carriage of their imports and exports. UNCTAD, and in particular its Shipping Division headed by Adib al-Jadir, has become increasingly active in world shipping. The reforms urged through UNCTAD will have a significant impact on the fleets, maritime practices, and interests of the developed world. This study examines UNCTAD's aims in world shipping–the policies being urged, the factors under consideration, and the trends emerging from the operation of UNCTAD. It further examines developed states' attempts to shape, and their reactions to, UNCTAD policies, and the interests perceived to be at stake in the current debate on world shipping.


1998 ◽  
Vol 23 (1) ◽  
pp. 39-46
Author(s):  
Tarun Das

Liberalization of foreign investment policy is a central component of India's economic reforms. While the need for foreign capital is hardly disputed⁄ there has been a continuing debate on the scope, coverage⁄ and impact of a liberalized foreign investment policy. In this paper⁄ Tarun Das argues that the debate on foreign investment policy lacks perspective and there seems to be very little appreciation of the emerging compulsions of the new international economic order. India's foreign investment policy has certainly become broadbased in recent years⁄ but it is still far from complete and further liberalization of foreign investment policy appears ⁄ inevitable in view of the pressures as well as obligations associated with the future global scenario.


Author(s):  
Fesseha Mulu Gebremariam

Employing secondary sources of data this paper aims to assess the history, elements, and criticisms against New International Economic Order (NIEO). NIEO is mainly an economic movement happened after WWII with the aim of empowering developing countries politically through economic growth. It also criticizes the existing political and economic system as benefiting developed countries at the cost of developing countries so that a new system is needed that benefits poor countries. However, many criticize NIEO as hypothetical and unorganized movement. Clear division and disagreements among its members is evident. Developing countries failed to form unity, committed to meet the objectives of NIEO, and unable to compete in the market.


In the chapter, Mahbub ul Haq spells out his ideas for the key elements in the new international economic order. He points towards creation of key institutions that need to be created for bringing about the new order—a single world development authority to ensure global equality of opportunity; an international central bank, for creation and regulation of international currency; an international trade organization to ensure greater market access for developing countries, for more control over trading infrastructure and for free movement of labour and other goods and services; and a world food authority to ensure that food is available to all. To him the creation of an international central bank, which allows developing countries to control some of the sources of finance, was crucial for the restructuring of the world economic order.


Sign in / Sign up

Export Citation Format

Share Document