ABSTRACT

Greater South-South cooperation, based on the principle of collective self-reliance, has to go beyond the more limited concept of economic integration being tried in Western Europe and some other regions. The level of expertise and technological progress has improved significantly enabling developing countries to learn from each other. The developed exporting countries which control most of the surplus grain and have the means to create such a system do not need it for themselves. Most developed importing countries, particularly the EEC countries, have already reduced their need for grain imports and have created their own system of food security. The proposed arrangements for pooling reserves can therefore be coupled with special mechanisms that will promote trade among developing countries by giving preference to member countries of such a mechanism or to other developing countries before buying grains from outside.