The Challenge Of The New International Economic Order

This volume deals with the recent proposals in the United Nations and elsewhere for reconstructing the existing economic relations between less developed and more developed countries. The contributors to the book undertake to clarify the NIEO proposals, asking specifically to what extent they are really new, fully international, realistically economic, and are the constituents of workable order. The confrontation of NIEO demands and real-world constraints is a leading feature of the book, and each of the chapters deals with one or more elements of the NIEO proposals against the background of relevant conditions in both the countries and the international institutions and practices that interrelate them. The authors arrive at a considerable degree of consensus, mostly agreeing that the NIEO is not really a new order, but endorsing specific NIEO proposals that will achieve gradual progress for LDCs in absolute terms.

Table of Contents:
Preface -- An Overview of the NIEO -- Resolutions on the NIEO -- Population Growth and Economic Development: Illustrative Projections -- Cartels, Prices, and the Grants Economy -- Constructive Responses to the North-South Dialogue -- Changing International Specialization and U.S. Imports of Manufactures -- European Imports of Manufactures Under Trade Preferences for Developing Countries -- Appropriate Technology for the Third Development Decade -- The Impact of Multinational Corporations on Developing Nations -- Developing Countries and the International Financial System: -- International Migration in North-South Relations -- The Basic Human Needs Approach and North-South Relations -- Conclusions

About the Author :
Edwin P. Reubens is professor of economics at the City College of the City University of New York. He has been a visiting professor at Columbia University, the New School for Social Research, the University of the West Indies, and the University of Sussex (England). As a consultant and research director he has served the United Nations, USAID, the National Commission for Employment Policy, the Select Commission on Immigration and Refugee Policy, and the Center for Philosophy and Public Policy at the University of Maryland. His extensive fieldwork has ranged over Asia, Africa, the Caribbean area, and Mexico. He cofounded the Far Eastern Association (now the Association for Asian Studies) and Omicron Delta Epsilon, and has been a member of the editorial board of The American Economist and referee for the American Economic Review.