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U.S. Foreign Policy and the New International Economic Order - Negotiating Global Problems, 1974-1981 (Hardcover)
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U.S. Foreign Policy and the New International Economic Order - Negotiating Global Problems, 1974-1981 (Hardcover)
Series: Bloomsbury Academic Collections: Economics
Expected to ship within 12 - 19 working days
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U.S. Foreign Policy and the New International Economic Order is an
authoritative account of the development of U.S. policy toward the
New International Economic Order (NIEO) from its inception in 1974
through the Eleventh Special Session of the General Assembly in
August-September 1980. Olson concentrates on the latter stages of
the North-South dialogue, analyzing U.S. policy in the context of
broad foreign policy objectives pursued since the end of World War
II and also in light of the events of the seventies and the 1980
Soviet invasion of Afghanistan. On the premise that policy is,
ultimately, what happens at the negotiating table, he also
specifically examines the record of U.S. negotiations on the Common
Fund, UNCTAD V, and other major North-South meetings during
1979-1980. This material, together with an examination of how
policy is made within the U.S. bureaucracy, who makes it, and why,
provides fresh insight into a complex process. Olson seeks to
determine if and to what extent U.S. policy serves basic U.S.
interests and whether the negotiating process has been an effective
medium for global problem solving. He concludes that althought U.S.
policy and practice do serve traditional U.S. foreign policy
interests, the political cost is high. He also concludes that NIEO
negotiations have not been an effective means for global problem
solving and that rapid change in political and economic realities
has rendered obsolete the basic concepts - the very mechanisms for
problem solving - on both sides.
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