The Evolution of the Integrated Programme
Many of the events which gave rise to the Integrated Programme and its specific configuration and led to the cool reception it received from developed countries at UNCTAD IV were already under way during the period covered in the previous chapter. The declarations and actions which accompanied these on an international level are reviewed in the present chapter. This chapter traces the development of the Integrated Programme from its early conceptual antecedents to Resolution 93(IV) and then focuses on the attempts it triggered among many, especially developed, countries to offer alternatives. Particular attention is paid to the STABEX compensatory-finance scheme of the Lomé Convention, since this subsequently sparked considerable interest among the European Community Countries in a globalized STABEX as an alternative to the Integrated Programme, and among ASEAN countries (Indonesia, Malaysia, the Philippines, Singapore and Thailand) in a regional STABEX scheme negotiated bilaterally with the European Community, Japan and the United States as an adjunct complementary to (but outside) the Integrated Programme. Likewise, United States’ proposals for an International Investment Trust and later an International Resources Bank, both of which would be institutionalized outside the United Nations, are discussed as additional alternatives put forward in place of the Integrated Programme, representative of the type of solutions acceptable to several dominant industrial powers.
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