what is NIEO? which reform were proposed by UNCTAD in its 1972 report cold war
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what is NIEO?
the New International Economic Order (NIEO) was a set of proposals put forward during the 1970s by some developing countries through the United Nations Conference on Trade and Development to promote their interests by improving their terms of trade, increasing development assistance, developed-country tariff reductions.
which reform were proposed by UNCTAD in its 1972 report cold war
The UNCTAD brought out a report in 1972 entitled Towards a New Trade Policy for Development. The report proposed a reform of the global trading system so as to: (i) give the Least Developed Countries (LDCs) control over their natural resources exploited by the developed western countries
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