ABSTRACT

This chapter summarizes what the New International Economic Order (NIEO) ideology is before examining the global, national, and personal interests that the ideology serves. The personal experiences many NIEO advocates share reinforce their commitment to the ideology they constructed to explain and try to transform the Bretton Woods system. The NIEO ideology can be thought of as divided into two parts: a set of principles and a technical policy analysis. The most fundamental NIEO principle, the need for some degree of rational international management of the world economy, requires the creation of the NIEO policy analysis. The principles of international management and the equality of states in their rights and duties have been part of the ideology from the beginning. The new order technical analysis can be viewed as a rationally integrated unit, a causal model of the economic and political factors affecting third world economic goals.