Abstract
The developing countries first began the call for a new international economic order during the late 1950s. Their initial complaints stemmed from an impotence of domestic policy initiatives to speed their rates of economic development. They found themselves excessively dependent upon the developed community for the requisites of economic development — industrial machinery and technical expertise — requisites which they could not purchase in sufficient quantities due to inadequate foreign-exchange earnings (foreign aid was insufficient to fill the gap).
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Notes and References
J. M. Finger, Tariff Provisions for Offshore Assembly and the Exports of Developing Countries’, Economic Journal, June 1975; see also U.S. Tariff Commission, Economic Factors Affecting the Use of Items 807.00 and 806.30 of the Tariff Schedules of the United States, TC Publication 339, Sep 1970.
B. Balassa and Associates, The Structure of Protection in Developing Countries (Baltimore: Johns Hopkins Press, 1971).
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© 1977 Tracy Murray
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Murray, T. (1977). The G.S.P. and the ‘New International Economic Order’. In: Trade Preferences for Developing Countries. Problems of Economic Integration. Palgrave, London. https://doi.org/10.1007/978-1-349-86157-6_10
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DOI: https://doi.org/10.1007/978-1-349-86157-6_10
Publisher Name: Palgrave, London
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