ABSTRACT

The dominant ideology's fundamental vision runs completely counter to a major theme that advocates of the New International Economic Order (NIEO) reiterate constantly: their belief that the structure of the world economy should impose no economic principles upon nations. The NIEO ideology presents a picture of the world divided between economically central and economically peripheral countries in which the level of employment and level of production in the periphery are dependent on decisions made at the center. In 1975 the north-south conflict entered a new political phase, the fifth phase in the development of the new order ideology. By then many of the major developed states had accepted some new order proposals as the agenda for further north-south discussions. The north-south conflict has gone through many changes without being resolved. The chapter also presents an overview of the key concepts discussed in this book.