| ID | 123533 |
| Title Proper | From the new international economic order to the G20 |
| Other Title Information | how the global South is restructuring world capitalism from within |
| Language | ENG |
| Author | Golub, Philip S |
| Publication | 2013. |
| Summary / Abstract (Note) | In the early 1970s the G77 and the Non Aligned Movement ( nam ) challenged the material and intellectual pillars of the postwar liberal capitalist system through collective action at the UN to establish a New International Economic Order ( nieo ). The aim was to complete the 'emancipation' of the 'global South' by creating binding institutional frameworks, legal regimes and redistributive mechanisms correcting historically constructed core-periphery disparities. That ambitious effort failed in the face of 'Northern' resistance and national segmentation within the nam . Today re-emerging states of the global South are engaged in a more successful effort to gain voice and alter international hierarchy by claiming a central place in the world capitalist system and restructuring it from within. The vertical late-modern world system centred in the Atlantic and ordered by the 'West' is thus gradually giving way to a polycentric international structure in which new regional and transnational 'South-South' linkages are being formed. This paper critically reviews the transformation and argues that, while it is creating long sought-for conditions of relative international equality, it has also dampened the emancipatory promise of the anti-colonial struggle. |
| `In' analytical Note | Third World Quarterly Vol. 34, No.6; 2013: p.1000-1015 |
| Journal Source | Third World Quarterly Vol. 34, No.6; 2013: p.1000-1015 |
| Key Words | Non Aligned Movement ; Postwar Liberal Capitalist System ; New International Economic Order ; Global South ; South - South |