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Abstract

After the draft declaration for a New International Economic Order was presented at the Sixth Special Session of the UN General Assembly, the industrial countries responded in a uniformly negative manner. However, by the end of the North-South Dialogue in Paris in the summer of 1977, a wide split had developed between the Netherlands, Norway, and Sweden, on one side, and the Federal Republic of Germany, Japan, Britain, and the United States, on the other. The former supported a number of specific NIEO proposals (for example, a common fund for an integrated programme for commodities); the latter opposed them. Despite the fact that the opposing countries were all major economic powers, they eventually dropped their opposition to the idea of negotiating a common fund. On other issues, however, there was less movement. Why did these differences among industrial countries arise in the first place? Why did some positions change over time, but not others?

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Notes and References

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© 1983 Jeffrey A. Hart

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Hart, J.A. (1983). The OECD Countries. In: The New International Economic Order. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06594-3_5

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