The Structure Of The World Economy And Prospects For A New International Economic Order

The New International Economic Order: An Overview focuses on the influence of the creation of the New International Economic Order (NIEO) on the economy of different countries. The book first offers information on the structure of world economy, prospects, and obstacles to the NIEO. Topics include obstacles to the production and distribution of primary commodities and energy, transfer of technology, commodity trade, international finance, function of international law in the NIEO, and prospects and problems of the NIEO. The text then examines the financial, political, and institutional issues of the NIEO. Discussions focus on policies and practices of nationalization; asymmetries and dependency of developing countries in the social science subsystem; and renegotiation of third world debt and appropriate adjustments in international trade. The manuscript takes a look at the relationship of international trade, industrialization, and the NIEO and social and cultural issues of the NIEO. Topics include women in the labor force, health and medical care, education as a step toward development, military considerations, competitiveness of natural resources, and access to raw materials and supplies. The book also reviews the positions of the United States, Canada, Africa, and the Middle East on the NIEO. The publication is a dependable reference for readers interested in the New International Economic Order.

The New International Economic Order.

Global Models and the International Economic Order: A Paper for the United Nations Institute for Training and Research Project on the Future focuses on the impact of global models in decision-making processes and in the pursuance of United Nations objectives as manifested in the concept of the New International Economic Order. The book first offers information on the description and results of studies, including limits to growth, Strategy for Survival model, Latin American world model, global constraints and vision for development, and the United Nations World Input-Output model. The manuscript also examines the comparison of model results. Concerns include structure of models, regionalization in the models, trade and aid, assumptions about demand and overall supply, and levels of regional development. The text also ponders on methodological considerations, as well as structure, detail, and feedback; calibration; sensitivity and scenario analysis; and optimizing models. The manuscript is a dependable reference for readers interested in the use of global models in decision making processes.

The Obstacles to the New International Economic Order examines the most critical human, social, and economic obstacles confronting the establishment of the New International Economic Order (NIEO). One such obstacle is the structure of the international monetary system and the problems it creates for achieving the development financing objectives of the NIEO through such factors as the dollar dependence of the world economy, coupled with liquidity excess in the principal money markets. This volume is comprised of six chapters and begins with a discussion on political, institutional, and legal obstacles to NIEO, along with obstacles to international trade and international finance. In particular, the obstacles presented by the structure and policies of the International Monetary Fund are described. The mounting debt of developing countries is also considered, together with obstacles to the production and distribution of primary commodities and energy, obstacles to technology transfer and to social justice, and environmental obstacles. This book will be of interest to economists and economic policymakers.

This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

Financial resources of the magnitude, form, and character necessary to support changes in the structure of production in developing countries are essential for progress toward a new, more equitable international economic order. Inadequacies in the current monetary and financial system contribute to the underutilization of resources productive to developing countries and to the maintainence of economic imbalance. This volume demonstrates the need for a systematic attack on the acute problems of poverty and underdevelopment. It provides background information and data for those directly involved in the formulation of development theory and the implementation of development policy. The theory developed and practical experience discussed in these essays provide valuable perspectives on the continuing efforts to realign the international economic order.

"Hudson is one of the tiny handful of economic thinkers in today's world who are forcing us to look at old questions in startling new ways". Alvin Toffler, best-selling author of Future Shock and The Third Wave This new and updated edition of Michael Hudson's classic political economy text explores how and why the US came to achieve world economic hegemony. Originally published as the sequel to Hudson's bestselling Super Imperialism, Global Fracture explores American economic strategy during a key period in world history. In 1973, many of the world's most indebted countries sought to free themselves of trade dependency and the debt trap by creating a New International Economic Order (NIEO). This aimed to improve the terms of trade for raw materials and build up agicultural and industrial self-sufficiency. Global Fracture shows how the US undermined this progressive initiative and instead pushed for financial dominance over the rest of the world. Today, the NIEO is a forgotten interlude, its optimism replaced by the financial austerity imposed by the IMF and the World Bank. Exploring how America achieved its economic aims, and tracing the implications this has had through subsequent decades, Michael Hudson covers various topics including trade embargoes, changing US attitudes to foreign aid, the rise of protectionism, government regulation of international investments, the impact on specific industries including the oil industry, the implications of the new economic order and the future of war. -- Amazon.com.