ABSTRACT

This chapter presents the history of the first period in the emergence of the new order ideology, emphasizing that it developed around southern grievances with the emerging Bretton Woods regimes. It shows that dominant ideology, which emerged as part of the Bretton Woods system in the forties and fifties, to those concepts that came to form the base of the new order ideology. The history of the New International Economic Order (NIEO) ideology of the 1980s begins, then, in the 1940s when the issue of creating regimes to help manage world economic relations first appeared on the international agenda. It begins with the worldwide acceptance of the conception that advocates of the NIEO share with the framers of Bretton Woods, the belief that some degree of intergovernmental economic management is desirable. Governments supporting trade regulations would never come to interpret the charter's economic principles in that way.