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By Robert F. Meagher

Ebook by means of Meagher, Robert F.

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Additional info for An International Redistribution of Wealth and Power. A Study of the Charter of Economic Rights and Duties of States

Sample text

T h e A f r o - A s i a n s a n d t h e L a t i n A m e r i c a n s did n o t f o r m a l l y join f o r c e s u n t i l D e c e m b e r 1 9 6 2 , w h e n t h e y v o t e d t o g e t h e r in t h e 22 INTERNATIONAL REDISTRIBUTION O F WEALTH & POWER U n i t e d N a t i o n s t o p a s s a r e s o l u t i o n t o c o n v e n e a s p e c i a l c o n f e r e n c e on t r a d e a n d d e v e l o p m e n t . It w a s a t t h i s C o n f e r e n c e in 1964 ( U N C T A D I) t h a t t h e G r o u p of 77 w a s f o r m e d a s t h e s p o k e s m a n for t h e L D C s .

U n i t e d N a t i o n s C o n f e r e n c e on T r a d e a n d D e v e l o p m e n t ( U N C T A D ) In t h e e a r l y 1 9 6 0 s , E C L A d e m a n d s for r e f o r m of t h e i n t e r n a t i o n a l e c o n o m i c s y s t e m g a i n e d an a u d i e n c e a m o n g t h o s e U n i t e d N a t i o n s ' m e m b e r s a n d r e g i o n a l g r o u p i n g s w h i c h h a d p r e v i o u s l y c o n c e n t r a t e d t h e i r e n e r g i e s on t h e s t r u g g l e for i n d e p e n d e n c e .

F r o m i t s i n c e p t i o n , E C L A w a s c o n c e r n e d primarily with e c o n o m i c d e v e l o p m e n t . Although it also dealt with some s h o r t - t e r m w a r - r e l a t e d economic problems, including t h e p o s t w a r i n f l a t i o n a n d t h e c o n t r a c t i o n of E u r o p e a n d e m a n d for L a t i n A m e r i c a n e x p o r t s , it c o n s i d e r e d t h e m t o b e only s y m p t o m s of m o r e f u n d a m e n t a l s t r u c t u r a l p r o b l e m s s t e m m i n g f r o m u n d e r d e v e l o p m e n t .

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