Toward a New Strategy For Development; Towards a New International Economic Order; For a New Policy of International Development
All want something new but each wants something different. Governor Angelopoulos of the National Bank of Greece calls for a neo-Keynesian Carter Plan to stimulate the world economy by investments in the developing countries. Ambassador Bedjaoui of Algeria argues that a new international economic order needs a new legal and institutional framework and sees majority resolutions based on the U.N. Charter as a good vehicle for change. No one would expect 12 economists from eight countries to agree (although Dudley Seers argues that Marxists and neo-classicists are closer than they believe and that the differences come with neo-Marxists, populists and institutionalists); however, the Rothko Chapel Colloquium is noteworthy for the high intellectual level of most of its papers and the valuable historical perspective on thinking and writing about development which is provided by several.
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