Lessons of the new international economic order for the contemporary world economy

Svetličič, Marjan (author)

Although the new international economic order (NIEO) has mostly been assessed as a failure, its ideas still seem relevant in today’s crisis environment. The new context clearly shows that the existing liberal international order is ineffective and calls for deep changes like in the times of the developing countries’ fight for the NIEO. The article considers whether its principles remain of relevance today, which ones have been amended and which should be newly introduced, all based on NIEO-related lessons. Dilemmas between international law or a rules-based order as a framework for global governance and whether the proposed new inclusive global economic order is to be based on values (and if so, which) are evaluated

• Language: English
• Keywords: new inclusive global economic order, rules-based order, values, principles, international law, global governance, lessons
• Work type: Article
• Typology: 1.01 - Original Scientific Article
• Organization: FDV - Faculty of Social Sciences
• Publication version: Version of Record
• Year: 2022
• Number of pages: Str. 411–442, 593
• Numbering: Letn. 59, št. 2
• PID: 20.500.12556/RUL-138816
• UDC: 339.9:339.97
• ISSN on article: 0040-3598
• DOI: 10.51936/tip.59.2.411-442
• COBISS.SI-ID: 118495747
• Publication date in RUL: 19.08.2022

Record is a part of a journal

• Title: Teorija in praksa : revija za družbena vprašanja
• Shortened title: Teor. praksa
• Publisher: Fakulteta za družbene vede
• ISSN: 0040-3598
• COBISS.SI-ID: 763652

Secondary language

• Language: Slovenian
• Title: Lekcije nove mednarodne ekonomske ureditve za sodobno svetovno gospodarstvo

Abstract

Čeprav je bil novi mednarodni gospodarski red (NIEO) večinoma ocenjen kot neuspešen, se zdi, da so njegove ideje aktualne tudi v današnjem kriznem okolju. Novi kontekst jasno kaže na neučinkovitost obstoječe liberalne mednarodne ureditve, ki kliče po globokih spremembah, tako kot je bilo v času boja držav v razvoju za NIEO. Članek ugotavlja, da so njegova načela še dandanes aktualna. Izpostavlja, katera je treba spremeniti in katera nova uvesti, vse na podlagi lekcij NIEO. Članek skuša razrešiti dileme, ali naj novi red temelji bolj na mednarodnem pravu ali pa na redu, ki temelji na pravilih, kot okviru za globalno upravljanje in ali mora predlagani novi vključujoči svetovni gospodarski red temeljiti na vrednotah (in katerih?).

• Keywords: vključujoč globalni gospodarski red, red, temelječ na pravilih, vrednote, globalno upravljanje, mednarodno pravo, lekcije, načela

Projects

• Funder: ARRS - Slovenian Research Agency
• Project number: P5-0177-2022
• Name: Slovenija in njeni akterji v mednarodnih odnosih in evropskih integracijah