A Special Session of the UN General Assembly Rethinks the Economic Rights and Duties of States

1991 ◽  
Vol 85 (1) ◽  
pp. 192-200 ◽  
Author(s):  
Russel Lawrence Barsh

A recently concluded special session of the General Assembly adopted, for the first time by consensus, a blueprint for the coordination of national and international economic policies. Carefully worded without any reference to the “New International Economic Order,” the session’s declaration nonetheless echoed the NIEO and its principal instrument, the Charter of Economic Rights and Duties of States, which provided: “States should co-operate in facilitating more rational and equitable international economic relations and in encouraging structural changes in the context of a balanced world economy in harmony with the needs and interests of all countries, especially developing countries, and should take appropriate measures to this end.”

Author(s):  
C. H. Alexandrowicz

This chapter focuses on the Charter of Economic Rights and Duties of States adopted by the UN General Assembly on 12 December 1974. The Charter consists of a preamble and four chapters, the most important of which are Chapter I relating to the fundamentals of international economic relations, and Chapter II on the detailed economic rights and duties of States. Chapter I contains general principles such as the sovereignty and equality of states and other principles, the adoption of which presented few difficulties to members of the United Nations Conference on Trade and Development (UNCTAD). On the other hand, the provisions of Chapter II, particularly article 2, were the subject of hard bargaining in which the negotiating states had to face some of the most controversial problems of international law in the economic field.


1977 ◽  
Vol 3 (3) ◽  
pp. 233-253 ◽  
Author(s):  
C. H. Kirkpatrick ◽  
F. I. Nixson

The demands of the less developed countries (LDCs) for a fundamental reform of the economic, commercial and financial relationships between themselves and the rich, developed economies have dominated international affairs for the past three years. In April–May 1974, the sixth Special Session of the General Assembly of the United Nations called for the establishment of a New International Economic Order (NIEO) and similar appeals have been made on a large number of occasions since then. 1976 was marked by UNGTAD IV meeting in Nairobi, Kenya in May and the commencement of the deliberations of the Conference on International Economic Co-operation (the so-called North-South Conference) meeting in Paris, originally scheduled to end in December 1976, but reconvened for a final session at the end of May 1977


Author(s):  
Victoria Nebrat

The purpose of this publication is to present the main idea, conceptual and methodological foundations, theoretical background, sources and directions of the study of the historical development of foreign economic relations of the Ukrainian economy. Finding ways for Ukraine to abandon the pattern of import dependent development and low-tech export is an urgent scientific and practical task. Historical factors play an important role in determining the country’s international specialization and position in world markets. The object of the study is the historical process of the inclusion of Ukraine’s economy in the system of international economic relations. Regularities, trends and national peculiarities in the formation of foreign economic relations of Ukraine’s economy are the subject of the study. The economic methodology of the study is based on an evolutionary-institutional approach. Traditional and contemporary theories of international trade, economic integration, foreign economic policy, international competition and national competitiveness are the theoretical foundations of the study. Analysis of historical sources opens up problem areas of scientific research and gives grounds for forming its working hypotheses. Studying the history of foreign trade, labor migration, participation in international monetary relations, international cooperation of production and the relationship of structural changes in the economy with the forms of international economic relations are the main fields of the investigation. Historical research is the basis for making proposals on optimization of the national foreign economic policy with the purpose of strengthening the economic sovereignty of the state, development of the national economy and ensuring its international competitiveness.


2021 ◽  
pp. 103-120
Author(s):  
Katarzyna Golik

In the following text I will analyse the selected aspects of economic relations between Poland, Germany and China. I am going to compare elements of discourse with political actions and, above all, with economic realities. Clearly in economic terms, Chinese direction is not an alternative to Germany for Poland, but it may become a necessity in terms of diversification of international economic relations. Particularly in the context of forthcoming electromobility revolution, the crisis could affect the German automobile industry, spilling over into other sectors related to Poland’s export. In the medium term, economic processes are likely to be loosely linked to political processes. Poland's interests in the international arena are more related to political integration with Germany than to a strong rapprochement with China. However, the former are unlikely to support Poland's emancipation in independent economic and trade policy. This may result in a two-pronged approach (separation of economic policies from political relations) to relations between the two countries. 


Author(s):  
Edward McWhinney

The claims on behalf of a new international economic order and for the corresponding change in the basic structure of international law that such a postulated new order is thought to imply, are proclaimed, in programmatic form, in two resolutions adopted without vote by the United Nations General Assembly at its Sixth Special Session on May 1, 1974 — the Declaration on the Establishment of a New International Economic Order, and the so-called Programme of Action on the Establishment of a New International Economic Order; and in the further Charter of Economic Rights and Duties of States, adopted by the General Assembly at its agth regular session on December 12, 1974, this time by a recorded vote of 120 to 6, with 10 abstentions.


Author(s):  
V. L. Hursky

The article is devoted to the study of the modern global challenges that have a significant impact on the transformation of international economic relations, namely: the exacerbation of the struggle among global players for technological dominance, caused by the transition to a new technological order (digital economy), and the intensification of the struggle between TNCs and government structures for control over resources, caused by the growing power of TNCs and their desire to get rid of state control. It is noted that a change in the system of socio-economic relations, based on the widespread introduction of digital means of production, forms a new type of management of socio-economic processes, and the strengthening of the role of corporations in shaping countries’ economic policies generates risks of domination of corporate interests over public ones.


Author(s):  
Christy Thornton

In December of 1974, Mexico’s president, Luis Echeverría, stood before the General Assembly of the United Nations to present the founding principles of what was to be a New International Economic Order, a project intended to address the economic crisis then wracking the Third World. The principles that the Mexican president imagined were codified a document that Echeverría had been drafting over the previous two years, the Charter of Economic Rights and Duties of States. This chapter traces this advocacy to discover the Mexican roots of the New International Economic Order, and in so doing demonstrates how Mexican diplomats, economists, and policymakers shaped not only ideas about sovereignty, self-determination, and economic development during the twentieth century, but also the codification of those ideas in international law, agreements, and institutions.


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