ABSTRACT

To the Western mind trained in capitalist economics, the "New International Economic Order" (NIEO) has a reasonably clear agenda: (1) stabilizing commodity prices, (2) controlling the impact of multinational corporations, (3) easing the transfer of technology to developing countries, and (4) increasing the rate of transfer of real resources to developing countries. Despite the existence of real economic problems that fit such categories, solutions have been elusive. Discussions have avoided the underlying political disagreements. Western leaders, following their own training, have considerea 224economic problems as discrete entities, and Third World leaders have deliberately avoided bringing their political problems onto the agenda. Because of this, negotiators find that they are frequently unable to obtain precise definitions of future economic needs in developing countries.