During the 1970s, a coalition of developing countries known as the G-77 launched a far-reaching effort at the United Nations to realize a New International Economic Order (NIEO). At its core, the NIEO was a plan to transform what was, from the perspective of this coalition, a profoundly inequitable international economy biased against the global south. This program of structural reform and global redistribution was presented as a precondition for meaningful development in the Third World but also as a natural and necessary extension of Continue reading → Continue reading →