Stimulated by the initial success of OPEC, the developing countries embodied in the Charter, which won a large majority in the U.N. General Assembly at the end of 1974, major demands for changes in the international economic order. It did not get the support of the Western industrial countries on such key matters as investment and commodity agreements. Professor Meagher provides a rich and meticulous analysis of the negotiations on these matters up to 1977. He shows what the main differences are concerning law and policy, and suggests that the process of "redistribution" will continue.
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