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Far from transferring resources from the rich to the poor, as
intended, the New International Economic Order (NIEO)-if fully
implemented-is more likely to transfer them from the poor to the
rich. Thus assert the authors, who present their analysis of trade
and investment data in support of their conclusions. The NIEO, a
program adopted by the United Nations, proposes increased prices of
primary products, tariff preferences for exports of less developed
countries to the industrial world, a code of conduct for
multinational corporations, international monetary reform, debt
forgiveness or rescheduling for the third world, plus a number of
other provisions designed to help third world countries. But, the
authors contend, all these provisions will further enrich the
already rich within the third world, while adding to the poverty of
the already poor. Higher prices for primary products would benefit
the rich producers at the expense of the poor who buy them. Debt
rescheduling would help only those rich enough to incur debt in the
first place; because aid is available in finite quantities, this
help might be at the expense of the poor. Likewise, trade
preferences would also help the rich, who are the major exporters.
The NIEO has been widely acclaimed in industrialized as well as in
third world countries; this book demonstrates how the effects of
the NIEO could well be the opposite from what is widely believed.
This bibliography aims to supply a basic reading list, with
annotations, for students and researchers in economic development
and to provide a general review of principles and issues for those
who might want to peruse the annotations.
Far from transferring resources from the rich to the poor, as
intended, the New International Economic Order (NIEO)-if fully
implemented-is more likely to transfer them from the poor to the
rich. Thus assert the authors, who present their analysis of trade
and investment data in support of their conclusions. The NIEO, a
program adopted by the United Nations, proposes increased prices of
primary products, tariff preferences for exports of less developed
countries to the industrial world, a code of conduct for
multinational corporations, international monetary reform, debt
forgiveness or rescheduling for the third world, plus a number of
other provisions designed to help third world countries. But, the
authors contend, all these provisions will further enrich the
already rich within the third world, while adding to the poverty of
the already poor. Higher prices for primary products would benefit
the rich producers at the expense of the poor who buy them. Debt
rescheduling would help only those rich enough to incur debt in the
first place; because aid is available in finite quantities, this
help might be at the expense of the poor. Likewise, trade
preferences would also help the rich, who are the major exporters.
The NIEO has been widely acclaimed in industrialized as well as in
third world countries; this book demonstrates how the effects of
the NIEO could well be the opposite from what is widely believed.
This bibliography of more than 2,000 titles contains both books and
journal articles, primarily those published since 1970. Most of the
entries are annotated. The material is classified according to
forty-eight categories, and there is also a list of relevant titles
for each major country in Africa, Asia, and Latin America.
Nations undergoing rapid economic growth require new
institutions--both formal organizations and informal modes of
interpersonal behavior. John Powelson develops a theory of
institution-building to explain how nations choose such
institutions, what kinds they prefer and why, and in what ways the
institutions' effectiveness (essentially, their conflict-resolving
capacity) may be measured. Originally published in 1972. The
Princeton Legacy Library uses the latest print-on-demand technology
to again make available previously out-of-print books from the
distinguished backlist of Princeton University Press. These
editions preserve the original texts of these important books while
presenting them in durable paperback and hardcover editions. The
goal of the Princeton Legacy Library is to vastly increase access
to the rich scholarly heritage found in the thousands of books
published by Princeton University Press since its founding in 1905.
Nations undergoing rapid economic growth require new
institutions--both formal organizations and informal modes of
interpersonal behavior. John Powelson develops a theory of
institution-building to explain how nations choose such
institutions, what kinds they prefer and why, and in what ways the
institutions' effectiveness (essentially, their conflict-resolving
capacity) may be measured. Originally published in 1972. The
Princeton Legacy Library uses the latest print-on-demand technology
to again make available previously out-of-print books from the
distinguished backlist of Princeton University Press. These
editions preserve the original texts of these important books while
presenting them in durable paperback and hardcover editions. The
goal of the Princeton Legacy Library is to vastly increase access
to the rich scholarly heritage found in the thousands of books
published by Princeton University Press since its founding in 1905.
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