New International Economic Order

Proposals for ending perceived economic colonialism

The New International Economic Order (NIEO) is a set of proposals advocated by developing countries to end economic colonialism and dependency through a new interdependent economy. The main NIEO document recognized that the current international economic order "was established at a time when most of the developing countries did not even exist as independent states and which perpetuates inequality." In the spirit of "trade not aid," the NIEO called for changes in trade, industrialization, agricultural production, finance, and transfer of technology. The United Nations General Assembly adopted the "Declaration for the Establishment of a New International Economic Order" and its accompanying program of action on 1 May 1974.

This keyword could refer to multiple things. Here are some suggestions: